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
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.
More Information MLS# 592258
Contract Information
Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Current Price: $3,625,000
Listing Date: 2020-08-26
Sold Price: $3,625,000
Location, Tax & Legal
City: MARATHON
Off Shore Island: No
Mile Marker: 49
Marathon Neighborhood: Old Town East (25th to Sombrero)
Side: Bay/Gulf
Flood Zone: AE
Alternate Key #: 9104420
Handicap Access: No
Add'l Parcel #1: See Supplement
Parcel #: 00337180-000100
Add'l Parcel #2: See Supplement
Zoning: RH - Residential High
Deed Restrictions: Affordable Housing
Legal: See supplement
Taxes: 2149.7
Tax Year: 2019
Pub Sewer HkUp: Yes
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
General Property Description
Realtor.COM Type: Multi-family
Waterfront: No
Control Depth: 0
Lot Size: 9600
Lot SqFt: 800
Pool: No
Total Units: 12
SqFt Source: Property Data Card
Rentals Allowed: With Restrictions
Min Rental Days: 180
Style: Multi-Units
Year Built: 2018
Living Apx SqFt: 1200
Total Bedrooms: 36
Full Baths: 36
Total Baths: 36
Remarks & Misc
Remarks – Consumer: 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.
Directions: Going southbound on US 1 turn right on 41st. Complex is second left driveway.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
Fee Includes
Bldg Exterior Mnt: 1
Dockage
None: 1
Tax Exemptions
None: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Oven: 1
Refrigerator: 1
Washer: 1
Cooling
Ceiling Fans(s): 1
Central Air: 1
Waterfront
None: 1
Waterview
Bay/Gulf View: 1
No Waterview: 1
Floor
Vinyl: 1
Wood: 1
Neighborhood Feature
Airstrip: 1
Bike Paths: 1
Interior Features
Built-in Cabinets: 1
Drapes/Blinds Incl: 1
Pantry: 1
Split Bedroom: 1
Walk-in Closet(s): 1
Property Condition
Updated/Remodeled: 1
Building Style
Above Flood: Yes
Stories: 3 Stories
Townhouse: 1
Windows/Doors
Impact Rstnce Doors: 1
Impact Rstnce Window: 1
Vehicle Storage
Carport: 1
Guest Parking: 1
Construction
Hardi Board Siding: 1
Modular: 1
Land Size
1/4 - 1/2 Acre: 1
Furnished
Unfurnished: 1
Terms
Cash: 1
Conventional: 1
Utilities
Buyer to Verify: 1
Cable Available: 1
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Water Separate Meter: 1
Porch/Balcony
No Porch/Balcony: 1
Pre-Wired
Cable: 1
Roof
Metal Roof: 1
Status Change Info
Sold Date: 2021-08-12
Sold Price: $3,625,000
Status: Closed
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
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.