2 Beds
2 Baths
1,040 SqFt
2 Beds
2 Baths
1,040 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,040 sqft
Price per Sqft $625
Subdivision Vaca Village (49.5)
MLS Listing ID 619749
Style Above Flood,Other Bldg Style
Bedrooms 2
Full Baths 2
HOA Y/N No
Year Built 1953
Annual Tax Amount $5,975
Tax Year 2025
Lot Size 5,158 Sqft
Acres 0.11
Lot Dimensions X
Property Sub-Type Duplex
Land Area 1040
Property Description
Rare redevelopment opportunity in the heart of Marathon in the Florida Keys. This duplex property sits on a desirable lot and currently features two separate 1-bedroom, 1-bath units. The existing structure offers immediate rental potential or can serve as the foundation for a full redevelopment project. This property is being offered as an investor special and includes permitted plans for a new 4/3.5 residence(2400sqft), providing a clear path for redevelopment. In addition, the sale includes one extra Transferable Building Right (TBR), creating valuable flexibility for future construction or resale. Located in one of the most sought-after areas of the Florida Keys.
Location
State FL
County Monroe
Area 13 - 7 Mile Bridge To Sombrero Bch Rd E & W
Zoning RM - Residential Medium
Direction Drive east on US 1/Overseas Highway. Left to 50th St Gulf. Property is on the right.
Interior
Heating Ductless
Cooling Ductless
Appliance Range, Refrigerator
Exterior
Utilities Available Electric Separate Meter, Municipal Sewer, Water Separate Meter
Waterfront Description None
Garage No
Building
Architectural Style Above Flood, Other Bldg Style
Others
HOA Fee Include None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Pets Allowed Yes