Marathon, FL 33050
$1,800,000
Property Type:
Residential
Bedrooms:
4
Baths:
4
Square Footage:
3,017
Lot Size (sq. ft.):
80,400
Status:
Active
Current Price:
$1,800,000
List Date:
5/21/2025
Last Modified:
11/17/2025
Overview
Description
Listing Details MLS# 615113
Location, Tax & Legal
- Key/Island
- Marathon
- State/Province
- FL
- Zip Code
- 33050
- County
- Monroe
- Subdivision
- Driftwood Estates (54.0)
- Area
- 18 - East of Holiday Inn US #1 & Coco Plum
- City
- MARATHON
- Mile Marker
- 54
- Marathon Neighborhood
- Coco Plum
- Side
- Ocean
- Flood Zone
- AE
- Alternate Key #
- 1444740
- Parcel #
- 00362660-000000
- Zoning
- MU - Mixed Use Commercial Mixed Use
- Deed Restrictions
- Unknown
- Legal
- LOT 2 DRIFTWOOD ESTATES PB2-132 FAT DEER KEY OR527-841 OR886-957 OR1068-1148 OR1159-280 OR1159-1004 OR1273-115 OR1599-1
- Taxes
- 14064.08
- Tax Year
- 2024
- Pub Sewer HkUp
- Yes
Contract Information
- Listing Board
- Marathon/Lower Keys
General Property Description
- Realtor.COM Type
- Multi-family
- Style
- Multi-Units
- Waterfront
- Yes
- Pool
- No
- Year Built
- 1950
- Total Units
- 2
- Lot SqFt
- 80400
- Lot Sqft Source
- Seller
- Living Apx SqFt
- 3017
- SqFt Source
- Property Data Card
- Total Bedrooms
- 4
- Full Baths
- 4
- Total Baths
- 4
- Rentals Allowed
- With Restrictions
- Min Rental Days
- 7
- Control Depth
- 0
Association Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
- Association Fee $
- 0
Building Style
- Above Flood
- Unknown
- Ground Level
- Yes
More Information
Remarks & Misc
- Remarks – Consumer
- Position yourself at the gateway to one of the most sought after markets in the Keys. This prime multi-family complex offers not just immediate income potential, but long term upside with redevelopment or expansion. Property is in a high demand location with direct access to US-1/Overseas Highway. The property features two sturdy concrete block structures. The first building contains a three-bedroom, two-bathroom residence. The second building is designed as a duplex with two efficiency studio units, each with its own bathroom. This property has three residential property rights. Whether your vision is a multifamily expansion, a mixed use waterfront property, or a strategic land banking, this is a rare chance to own a contiguous property package in Marathon. Additional purchase opportunity to own the adjacent parcel and submerged land rights giving savvy buyers the ability to control and develop a larger footprint. Buy one. Add the rest. Control the block.
- Directions
- Please use entrance off of Overseas Highway, 13755 with permission from the agent and seller.
Fee Includes
- Sewer
- Yes
- Water
- Yes
Dockage
- None
- Yes
Tax Exemptions
- Homestead
- Yes
Appliances
- Microwave
- Yes
- Range
- Yes
- Refrigerator
- Yes
Pets
- Pets Allowed
- Yes
Cooling
- Ceiling Fans(s)
- Yes
- Wall/Window Unit(s)
- Yes
Waterfront
- Oceanfront
- Yes
- Open Water
- Yes
Waterview
- Harbor/Marina View
- Yes
- Ocean View
- Yes
- Open Water View
- Yes
Vehicle Storage
- Guest Parking
- Yes
- Open Parking
- Yes
- RV Parking Open
- Yes
- Trailer Storage
- Yes
Construction
- Concrete
- Yes
Land Size
- 1 Less Than 2 Acres
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
- Other Specify
- Yes
Utilities
- Buyer to Verify
- Yes
- Elect Separate Meter
- Yes
- FKAA
- Yes
- Municipal Sewer
- Yes
Title
- Negotiable
- Yes
Exterior Features
- Fencing
- Yes
Roof
- Concrete Roof
- Yes
- Other Roof
- Yes
Property Features
Fee Includes:
Sewer; Water
Tax Exemptions:
Homestead
Waterfront:
Oceanfront; Open Water
Waterview:
Harbor/Marina View; Ocean View; Open Water View
Dockage:
None
Building Style:
Ground Level
Vehicle Storage:
Guest Parking; Open Parking; RV Parking Open; Trailer Storage
Cooling:
Ceiling Fans(s); Wall/Window Unit(s)
Utilities:
Buyer to Verify; Elect Separate Meter; FKAA; Municipal Sewer
Appliances:
Microwave; Range; Refrigerator
Exterior Features:
Fencing
Construction:
Concrete
Roof:
Concrete Roof; Other Roof
Pets:
Pets Allowed
Land Size:
1 Less Than 2 Acres
Terms:
Cash; Conventional; Other Specify
Title:
Negotiable
Listing Office:
Engel & Völkers Marathon
Last Updated: November - 17 - 2025
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.