610 12Th, Marathon, FL 33050
$2,700,000
Property Type:
Residential
Bedrooms:
8
Baths:
6
Square Footage:
3,498
Lot Size (sq. ft.):
25,894
Status:
Closed
Current Price:
$2,700,000
List Date:
5/28/2022
Last Modified:
9/01/2024
Description
Development opportunity. Seller Financing Offered. Min 35% down. Seller will hold up to 5 years at 5%. 4 TBR's ( Transferable Building Rights ) convey with property, Point lot on 12th st Gulf Side, Endless unobstructed views, Approx 305 ft of seawall. Can also rent all 4 units as is, potentially about 10k per month in rent here enough to service the principal and interest payment. Could be Waterfront employee compound, 4 air bb's, etc, Weekly rentals are allowed, No HOA!
More Information MLS# 600053
Contract Information
Listing Board: Marathon/Lower Keys
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No
Current Price: $2,700,000
Listing Date: 2022-03-09
Sold Price: $2,700,000
Location, Tax & Legal
City: MARATHON
Off Shore Island: No
Mile Marker: 48
Marathon Neighborhood: Old Town West (11th to 25th)
Side: Bay/Gulf
Flood Zone: VE11, VE12
Alternate Key #: 8643853
Add'l Parcel #1: 00101580-000100
Parcel #: 00101580-000200
Zoning: RM - Residential Medium
Deed Restrictions: Unknown
Legal: 8 66 32 HOG KEY PT LOT 1
Taxes: 14010
Tax Year: 2021
Pub Sewer HkUp: Yes
Street #: 610
Street Name: 12Th
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Halls Sub (48.0)
Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
General Property Description
Realtor.COM Type: Multi-family
Waterfront: Yes
Control Depth: 4
Lot SqFt: 25894
Pool: Yes
Total Units: 4
Acres: 0.36
SqFt Source: Property Data Card
Rentals Allowed: Yes
Min Rental Days: 7
Style: Multi-Units
Year Built: 1976
Living Apx SqFt: 3498
Total Bedrooms: 8
Full Baths: 6
Total Baths: 6
Remarks & Misc
Remarks – Consumer: Development opportunity. Seller Financing Offered. Min 35% down. Seller will hold up to 5 years at 5%. 4 TBR's ( Transferable Building Rights ) convey with property, Point lot on 12th st Gulf Side, Endless unobstructed views, Approx 305 ft of seawall. Can also rent all 4 units as is, potentially about 10k per month in rent here enough to service the principal and interest payment. Could be Waterfront employee compound, 4 air bb's, etc, Weekly rentals are allowed, No HOA!
Directions: From US1 turn onto 12th Street Gulf. Property is at end of the road.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
Fee Includes
None: 1
Dockage
Dock Length: 265
Dock: Concrete
Seawall: Concrete
Tax Exemptions
None: 1
Appliances
Oven: 1
Range: 1
Refrigerator: 1
Pets
Pets Allowed: 1
Cooling
Ceiling Fans(s): 1
Waterfront
Bay Front: 1
Gulf Front: 1
Open Water: 1
Waterview
Bay/Gulf View: 1
Open Water View: 1
Building Style
Above Flood: No
Single Wide: 1
Vehicle Storage
Car(s): 4+
Guest Parking: 1
Open Parking: 1
Off Street Parking: 1
Trailer Storage: 1
Construction
Manufactured: 1
Land Size
1/4 - 1/2 Acre: 1
Utilities
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Water Separate Meter: 1
Porch/Balcony
Deck: 1
Exterior Features
Chickee Hut: 1
Fencing: 1
Pool Info
In Ground: 1
Roof
Other Roof: 1
Financial Status
Auction: No
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes
Status Change Info
Sold Date: 2022-09-16
Sold Price: $2,700,000
Status: Closed
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Bay Front; Gulf Front; Open Water
Waterview: Bay/Gulf View; Open Water View
Building Style: Single Wide
Vehicle Storage: Guest Parking; Off Street Parking; Open Parking; Trailer Storage
Cooling: Ceiling Fans(s)
Utilities: Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Appliances: Oven; Range; Refrigerator
Exterior Features: Chickee Hut; Fencing
Pool Info: In Ground
Construction: Manufactured
Roof: Other Roof
Pets: Pets Allowed
Land Size: 1/4 - 1/2 Acre
Listing Office:
Coldwell Banker Schmitt Real Estate Co.
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.