103-125 41St St Gulf Street, Marathon, FL 33050 (MLS# 592258)

103-125 41St St Gulf Street, Marathon, FL 33050

$3,625,000

Property Type: Residential Bedrooms: 36 Baths: 36 Square Footage: 1,200 Lot Size (sq. ft.): 800 Status: Closed

Current Price: $3,625,000 List Date: 8/16/2021 Last Modified: 9/01/2024

Overview

Description

Turnkey Investor Opportunity! Twelve affordable housing units built in 2018 to current building codes. Each of the 12 units is a 3 bedroom, 3 bath with open floor plan, vinyl plank flooring. Pantry, linen closet and washer/dryer in every unit. Impact doors and windows throughout! Hold and cash flow, or sell individually and manage. RARE chance to purchase this many modern units, in a development that has had very little turnover. Stable steady income producing complex.

Listing Details MLS# 592258

Location, Tax & Legal

Street #: 103-125
Street Name: 41St St Gulf
Street Suffix: Street
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Marathon Beach (49.0)
Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W

Contract Information

Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes

General Property Description

Realtor.COM Type: Multi-family
Style: Multi-Units
Waterfront: No
Pool: No
Year Built: 2018
Total Units: 12
Lot SqFt: 800
Living Apx SqFt: 1200
SqFt Source: Property Data Card
Total Bedrooms: 36
Full Baths: 36
Total Baths: 36
Rentals Allowed: With Restrictions
Min Rental Days: 180

Status Change Info

Under Contract Date: 2021-07-16
Leased Date: 2021-08-12

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No

Building Style

Above Flood: Yes
# Stories: 3 Stories

More Information

Property Features

Fee Includes: Bldg Exterior Mnt Tax Exemptions: None Waterfront: None Waterview: Bay/Gulf View; No Waterview Dockage: None Property Condition: Updated/Remodeled Building Style: Townhouse Vehicle Storage: Carport; Guest Parking Furnished: Unfurnished Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Built-in Cabinets; Drapes/Blinds Incl; Pantry; Split Bedroom; Walk-in Closet(s) Pre-Wired: Cable Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Washer Construction: Hardi Board Siding; Modular Floor: Vinyl; Wood Roof: Metal Roof Neighborhood Feature: Airstrip; Bike Paths Land Size: 1/4 - 1/2 Acre Terms: Cash; Conventional

Listing Office: The New Home Spot, Inc.

Last Updated: September - 01 - 2024

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