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
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.
