765 107Th Street Ocean, Marathon, FL 33050
$2,600,000
Property Type:
Residential
Bedrooms:
6
Baths:
5
Square Footage:
4,212
Lot Size (sq. ft.):
123,161
Status:
Closed
Current Price:
$2,600,000
List Date:
1/19/2018
Last Modified:
9/02/2024
Description
REHAB or REDEVELOP...RARE opportunity to own a 3+ acre direct ocean front parcel in the “Heart of Marathon”. This parcel runs from US #1 all the way to the Atlantic, PLUS .8 acres of deeded bay bottom. Many possibilities for this unique oceanfront parcel from private ocean front estate to redevelopment. Currently zoned as Residential Multi-Family Less Than 10 Units, property has a 2,592 sf 3bd/2ba ocean front home and Tri-Plex (3) 1bd/1ba units allowing for 4 existing building rights. Featuring a deep water boat basin and concrete seawall. Over 200 ft of water frontage with beautiful open water views. US #1 frontage is suitable for re-zoning based on properties on each side already zoned commercial. Hurricane damage from Irma, property is being sold AS IS, seller is not making any repairs.
More Information MLS# 578332
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: $2,600,000
Listing Date: 2018-01-18
Sold Price: $2,600,000
Location, Tax & Legal
City: MARATHON
Off Shore Island: No
Mile Marker: 52.5
Marathon Neighborhood: Marathon East - Ocean (Airport to Vaca)
Side: Ocean
Flood Zone: AE,VE
Alternate Key #: 1121860
Handicap Access: No
Add'l Parcel #1: 00104430-000000
Parcel #: 00104260-000000
Zoning: RM - Residential Medium
Deed Restrictions: No
Legal: 6 66 33 KEY VACCAS PT GOV LOT 1 & ADJ BAY BOTTOM SOUTH OF AND ADJ PT GOV LOT 1 & 6 66 33 KEY VACA PT GOV LOT 2 PT PAR 3
Taxes: 12451.92
Tax Year: 2017
Pub Sewer HkUp: Yes
Street #: 765
Street Name: 107Th Street Ocean
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: S Marathon Shores (52.5)
Area: 16 - Sombrero Bch Rd to Vaca Cut - Oceanside
General Property Description
Realtor.COM Type: Residential - Single Family
Waterfront: Yes
Control Depth: 5
Lot SqFt: 123161
Pool: Yes
Total Units: 4
SqFt Source: Property Data Card
Rentals Allowed: Yes
Min Rental Days: 7
Style: Multi-Units
Year Built: 1958
Living Apx SqFt: 4212
Total Bedrooms: 6
Full Baths: 5
Total Baths: 5
Remarks & Misc
Remarks – Consumer: REHAB or REDEVELOP...RARE opportunity to own a 3+ acre direct ocean front parcel in the “Heart of Marathon”. This parcel runs from US #1 all the way to the Atlantic, PLUS .8 acres of deeded bay bottom. Many possibilities for this unique oceanfront parcel from private ocean front estate to redevelopment. Currently zoned as Residential Multi-Family Less Than 10 Units, property has a 2,592 sf 3bd/2ba ocean front home and Tri-Plex (3) 1bd/1ba units allowing for 4 existing building rights. Featuring a deep water boat basin and concrete seawall. Over 200 ft of water frontage with beautiful open water views. US #1 frontage is suitable for re-zoning based on properties on each side already zoned commercial. Hurricane damage from Irma, property is being sold AS IS, seller is not making any repairs.
Directions: US #1 to 107th Street Ocean.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Fee Includes
None: 1
Dockage
Dock Length: 130
Dock: Wood
Seawall: Concrete
Tax Exemptions
Homestead: 1
Appliances
Dryer: 1
Oven: 1
Range: 1
Refrigerator: 1
Washer: 1
Waterfront
Oceanfront: 1
Open Water: 1
Waterview
Ocean View: 1
Open Water View: 1
Interior Features
Cathedral Ceilings: 1
Dade County Pine: 1
Fireplace(s): 1
Split Bedroom: 1
Storage: 1
Building Style
Above Flood: No
Ground Level: 1
Stories: 1 Story
Vehicle Storage
Garage: 1
Guest Parking: 1
Open Parking: 1
RV Parking Open: 1
Attached: 1
Off Street Parking: 1
Trailer Storage: 1
Construction
CBS: 1
Land Size
2 Less Than 5 Acres: 1
Furnished
Negotiable: 1
Utilities
Elect Separate Meter: 1
FKAA: 1
Municipal Sewer: 1
Porch/Balcony
Open Porch/Balcony: 1
Title
Negotiable: 1
Pool Info
Concrete: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Sold Date: 2018-12-17
Sold Price: $2,600,000
Status: Closed
Property Features
Fee Includes: None
Tax Exemptions: Homestead
Waterfront: Oceanfront; Open Water
Waterview: Ocean View; Open Water View
Building Style: Ground Level
Vehicle Storage: Garage; Attached; Guest Parking; Off Street Parking; Open Parking; RV Parking Open; Trailer Storage
Furnished: Negotiable
Utilities: Elect Separate Meter; FKAA; Municipal Sewer
Interior Features: Cathedral Ceilings; Dade County Pine; Fireplace(s); Split Bedroom; Storage
Appliances: Dryer; Oven; Range; Refrigerator; Washer
Pool Info: Concrete
Construction: CBS
Land Size: 2 Less Than 5 Acres
Title: Negotiable
City of Marathon Letter 765 107th ›
Listing Office:
Ocean Sotheby's International Realty
Last Updated: September - 02 - 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.