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Vacant Land 89th Street, Marathon, FL 33050

$799,000
Property Type: Vacant Land Lot Size (sq. ft.): 6,440 Status: Active
Current Price: $799,000 List Date: 7/22/2024 Last Modified: 12/08/2025

Description

Waterfront lot is cleared and ready for construction, complete with Transferable Building Rights (TBR), house plans, and dock plans. Located on the picturesque 89th Street in Marathon, Florida, this waterfront lot spans 6,440 square feet and measures 70 feet wide by 92 feet deep. Boasting 70 feet of prime water frontage and a 45-foot-wide canal that leads directly to open water, this property offers a 4-foot control depth, ensuring easy water access. As soon as you reach the end of the canal, you can plane out effortlessly. Weekly rentals are permitted, making this an ideal investment for generating rental income. Imagine building your dream home with a customizable layout, ample storage options, and your choice of colors and materials. New construction offers numerous advantages, including easier maintenance, cheaper insurance, and no worries about illegal enclosures. This property presents a significant equity potential, providing a profitable margin for flippers and better numbers for vacation rentals. You can build to withstand 180 MPH winds, above flood levels, and without the need for shutters. Additionally, solar programs are available for those interested in off-grid living. Investing in this property not only offers a substantial profit margin but also provides a valuable learning experience for future real estate ventures. Don't miss this rare opportunity to own a prime piece of waterfront property in Marathon, Florida. Contact us today to learn more and start building your dream home or investment property!

More Information MLS# 610843

Contract Information

Listing Board: Marathon/Lower Keys ROGO Exempt: No Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No Current Price: $799,000 Listing Date: 2024-07-22 List Price: $799,000

Location, Tax & Legal

City: MARATHON Mile Marker: 52 Marathon Neighborhood: Airport - Ocean (72nd to 106th) Side: Ocean Flood Zone: AE-8 Alternate Key #: 1427551 Parcel #: 00349800-000000 Zoning: RM - Residential Medium Deed Restrictions: Unknown Legal: BK 4 LT 2 GULFSTREAM SHORES OF MARATHON FLA PLAT NO 1 KEY VACA Taxes: 1710.45 Tax Year: 2021 Street Name: Vacant Land 89th Street Suffix: Street Key/Island: Marathon State/Province: FL Zip Code: 33050 County: Monroe Subdivision: Gulfstream Shore (Marathon) (52.0) Area: 16 - Sombrero Bch Rd to Vaca Cut - Oceanside

General Property Description

Realtor.COM Type: Vacant Land Waterfront: Yes Control Depth: 4 Lot SqFt: 6440 Lot Dimensions: 70x92 Survey Available: Yes Vegetation Survey: No Wtr Mn Inquiry File: No

Remarks & Misc

Remarks – Consumer: Waterfront lot is cleared and ready for construction, complete with Transferable Building Rights (TBR), house plans, and dock plans. Located on the picturesque 89th Street in Marathon, Florida, this waterfront lot spans 6,440 square feet and measures 70 feet wide by 92 feet deep. Boasting 70 feet of prime water frontage and a 45-foot-wide canal that leads directly to open water, this property offers a 4-foot control depth, ensuring easy water access. As soon as you reach the end of the canal, you can plane out effortlessly. Weekly rentals are permitted, making this an ideal investment for generating rental income. Imagine building your dream home with a customizable layout, ample storage options, and your choice of colors and materials. New construction offers numerous advantages, including easier maintenance, cheaper insurance, and no worries about illegal enclosures. This property presents a significant equity potential, providing a profitable margin for flippers and better numbers for vacation rentals. You can build to withstand 180 MPH winds, above flood levels, and without the need for shutters. Additionally, solar programs are available for those interested in off-grid living. Investing in this property not only offers a substantial profit margin but also provides a valuable learning experience for future real estate ventures. Don't miss this rare opportunity to own a prime piece of waterfront property in Marathon, Florida. Contact us today to learn more and start building your dream home or investment property! Directions: US1 turn oceanside down 89th st in Marathon and lot is a few parcels down on left hand side.

Assoc/Misc Info

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

Miscellaneous Info

Mobile Home Lot: No

Dockage

Dock Length: 70 Seawall: Cut/Natural None: 1

Tax Exemptions

None: 1

Waterfront

Canal Front: 1

Waterview

Canal View: 1

Neighborhood Feature

Airstrip: 1 Community Boat Ramp: 1

Location/Site

Cleared Site: 1

Land Size

Less Than 1/4 Acre: 1

Auction Info

Auction: No Buyers Premium: No Deposit Required: No

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Status: Active

Property Features

Tax Exemptions: None Waterfront: Canal Front Dockage: None Waterview: Canal View Neighborhood Feature: Airstrip; Community Boat Ramp Land Size: Less Than 1/4 Acre
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: December - 08 - 2025
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