103-125 41St St Gulf Street, Marathon, FL 33050 (MLS# 592258)

103-125 41St St Gulf Street, Marathon, FL 33050

$3,625,000

Property Type: Residential Bedrooms: 36 Baths: 36 Square Footage: 1,200 Lot Size (sq. ft.): 800 Status: Closed

Current Price: $3,625,000 List Date: 8/16/2021 Last Modified: 9/01/2024

Description

Turnkey Investor Opportunity! Twelve affordable housing units built in 2018 to current building codes. Each of the 12 units is a 3 bedroom, 3 bath with open floor plan, vinyl plank flooring. Pantry, linen closet and washer/dryer in every unit. Impact doors and windows throughout! Hold and cash flow, or sell individually and manage. RARE chance to purchase this many modern units, in a development that has had very little turnover. Stable steady income producing complex.

More Information MLS# 592258

Contract Information

Listing Board: Marathon/Lower Keys As is Rght to Inspct: Yes Current Price: $3,625,000 Listing Date: 2020-08-26 Sold Price: $3,625,000

Location, Tax & Legal

City: MARATHON Off Shore Island: No Mile Marker: 49 Marathon Neighborhood: Old Town East (25th to Sombrero) Side: Bay/Gulf Flood Zone: AE Alternate Key #: 9104420 Handicap Access: No Add'l Parcel #1: See Supplement Parcel #: 00337180-000100 Add'l Parcel #2: See Supplement Zoning: RH - Residential High Deed Restrictions: Affordable Housing Legal: See supplement Taxes: 2149.7 Tax Year: 2019 Pub Sewer HkUp: Yes Street #: 103-125 Street Name: 41St St Gulf Street Suffix: Street Key/Island: Marathon State/Province: FL Zip Code: 33050 County: Monroe Subdivision: Marathon Beach (49.0) Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W

General Property Description

Realtor.COM Type: Multi-family Waterfront: No Control Depth: 0 Lot Size: 9600 Lot SqFt: 800 Pool: No Total Units: 12 SqFt Source: Property Data Card Rentals Allowed: With Restrictions Min Rental Days: 180 Style: Multi-Units Year Built: 2018 Living Apx SqFt: 1200 Total Bedrooms: 36 Full Baths: 36 Total Baths: 36

Remarks & Misc

Remarks – Consumer: Turnkey Investor Opportunity! Twelve affordable housing units built in 2018 to current building codes. Each of the 12 units is a 3 bedroom, 3 bath with open floor plan, vinyl plank flooring. Pantry, linen closet and washer/dryer in every unit. Impact doors and windows throughout! Hold and cash flow, or sell individually and manage. RARE chance to purchase this many modern units, in a development that has had very little turnover. Stable steady income producing complex. Directions: Going southbound on US 1 turn right on 41st. Complex is second left driveway.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

Fee Includes

Bldg Exterior Mnt: 1

Dockage

None: 1

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Oven: 1 Refrigerator: 1 Washer: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Waterfront

None: 1

Waterview

Bay/Gulf View: 1 No Waterview: 1

Floor

Vinyl: 1 Wood: 1

Neighborhood Feature

Airstrip: 1 Bike Paths: 1

Interior Features

Built-in Cabinets: 1 Drapes/Blinds Incl: 1 Pantry: 1 Split Bedroom: 1 Walk-in Closet(s): 1

Property Condition

Updated/Remodeled: 1

Building Style

Above Flood: Yes Stories: 3 Stories Townhouse: 1

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Carport: 1 Guest Parking: 1

Construction

Hardi Board Siding: 1 Modular: 1

Land Size

1/4 - 1/2 Acre: 1

Furnished

Unfurnished: 1

Terms

Cash: 1 Conventional: 1

Utilities

Buyer to Verify: 1 Cable Available: 1 Elect Separate Meter: 1 FKAA: 1 Municipal Sewer: 1 Water Separate Meter: 1

Porch/Balcony

No Porch/Balcony: 1

Pre-Wired

Cable: 1

Roof

Metal Roof: 1

Status Change Info

Sold Date: 2021-08-12 Sold Price: $3,625,000 Status: Closed

Property Features

Fee Includes: Bldg Exterior Mnt Tax Exemptions: None Waterfront: None Waterview: Bay/Gulf View; No Waterview Dockage: None Property Condition: Updated/Remodeled Building Style: Townhouse Vehicle Storage: Carport; Guest Parking Furnished: Unfurnished Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Built-in Cabinets; Drapes/Blinds Incl; Pantry; Split Bedroom; Walk-in Closet(s) Pre-Wired: Cable Appliances: Dishwasher; Dryer; Microwave; Oven; Refrigerator; Washer Construction: Hardi Board Siding; Modular Floor: Vinyl; Wood Roof: Metal Roof Neighborhood Feature: Airstrip; Bike Paths Land Size: 1/4 - 1/2 Acre Terms: Cash; Conventional

Listing Office: The New Home Spot, Inc.

Last Updated: September - 01 - 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.