453-7, 543 11Th Street Ocean, Marathon, FL 33051 (MLS# 576718)

453-7, 543 11Th Street Ocean, Marathon, FL 33051

$1,570,000

Property Type: Vacant Land Status: Closed

Current Price: $1,570,000 List Date: 8/22/2017 Last Modified: 9/08/2024

Description

Fantastic redevelopment opportunity in the Heart of the Florida Keys! Very rare find! Over an acre of Oceanfront buildable land, with 7 CITY APPROVED BUILDING RIGHTS! No waiting on ROGO. Buyer may apply for more housing, plenty of land to build more. Over an acre of land, plus additional .70+ acres of submerged bay bottom. Build 7 homes with a pool and covered parking, boat slips and open water views is 1 of the many possibilities. Existing structures are in poor condition. Best use is to redevelop. Call today for an information package and get ready to START CONSTRUCTION. Weekly rentals permitted.

More Information MLS# 576718

Contract Information

Listing Board: Florida Keys ROGO Exempt: Yes Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Current Price: $1,570,000 Listing Date: 2017-08-22 Sold Price: $1,570,000

Location, Tax & Legal

City: MARATHON Off Shore Island: No Mile Marker: 47.5 Marathon Neighborhood: Old Town West (11th to 25th) Side: Ocean Flood Zone: AE,VE Alternate Key #: 1394394 Add'l Parcel #1: 00319970-000000 Parcel #: 00319960-000000 Zoning: R-MH - Residential - MH Deed Restrictions: Unknown Legal: BK 1 LTS 3, 4 AND 5 AND BAY BTM ADJ TO LTS 3, 4 & 5 RIGGS SUB PB2-68 HOG KEY G39-133/134 G56-305/306 OR806-968 OR806-969 Taxes: 9591.21 Tax Year: 2016 Street #: 453-7, 543 Street Name: 11Th Street Suffix: Street Ocean Key/Island: Marathon State/Province: FL Zip Code: 33051 County: Monroe Subdivision: Riggs Sub (47.5) Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W

General Property Description

Realtor.COM Type: Vacant Land Waterfront: Yes Control Depth: 3 Lot Dimensions: multiple parcels Total Lots: 4 Survey Available: Yes Vegetation Survey: No

Remarks & Misc

Remarks – Consumer: Fantastic redevelopment opportunity in the Heart of the Florida Keys! Very rare find! Over an acre of Oceanfront buildable land, with 7 CITY APPROVED BUILDING RIGHTS! No waiting on ROGO. Buyer may apply for more housing, plenty of land to build more. Over an acre of land, plus additional .70+ acres of submerged bay bottom. Build 7 homes with a pool and covered parking, boat slips and open water views is 1 of the many possibilities. Existing structures are in poor condition. Best use is to redevelop. Call today for an information package and get ready to START CONSTRUCTION. Weekly rentals permitted. Directions: 11th St. Oceanside Marathon. Just before 7 Mile bridge. Property on right side.

Assoc/Misc Info

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

Miscellaneous Info

Mobile Home Lot: Yes Recorded Plat: Yes Rogo W/Letter: Yes

Dockage

Assigned Dock: 1 Basin: 1 Boat Slip: 1

Tax Exemptions

None: 1

Waterfront

Oceanfront: 1 Open Water: 1

Waterview

Harbor/Marina View: 1 Ocean View: 1 Open Water View: 1

Location/Site

Fenced: 1 Paved Street: 1 Water Frontage: 1 Other See Remarks: 1

Existing Utilities

Electric on Site: 1 Sewer: 1 Street Lights: 1 Water Line: 1 Water Meter: 1 Other See Remarks: 1

BuildingPermit

Active Permit: 1

Land Size

2 Less Than 5 Acres: 1

Terms

Buyer Obtain Finance: 1 Private Financing: 1 Seller Finance Psble: 1 Other Financing: 1

Property Rights

Misc Property Rights: 1 Tranfrble Dev Right: 1 Transfer Bldg Rights: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2019-07-02 Sold Price: $1,570,000 Status: Closed

Property Features

Tax Exemptions: None Waterfront: Oceanfront; Open Water Dockage: Assigned Dock; Basin; Boat Slip Waterview: Harbor/Marina View; Ocean View; Open Water View Existing Utilities: Electric on Site; Sewer; Street Lights; Water Line; Water Meter; Other See Remarks BuildingPermit: Active Permit Land Size: 2 Less Than 5 Acres Terms: Buyer Obtain Finance; Private Financing; Seller Finance Psble; Other Financing Property Rights: Misc Property Rights; Tranfrble Dev Right; Transfer Bldg Rights

Listing Office: Better Homes and Gardens Real Estate Destinations

Last Updated: September - 08 - 2024

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