600 E 63rd Street Ocean, Marathon, FL 33050

$1,500,000
Property Type: Residential Bedrooms: 7 Baths: 4 Square Footage: 2,986 Lot Size (sq. ft.): 7,500 Status: Closed
Current Price: $1,500,000 List Date: 6/23/2023 Last Modified: 9/01/2024

Description

Excellent investment opportunity at this income-producing triplex in a prime location! Rare in the Florida Keys, this triplex is located in Marathon where 7-day rentals are permitted, generate passive income with ease. The lower level boasts two 2 bedroom, 1 bathroom units, recently upgraded with wood-look tile flooring, quartz countertops and stainless steel appliances in the kitchens, and updated bathroom finishes. Upstairs is a sizeable 3 bedroom, 2 bathroom unit offering stunning views of the canal below and an oversized 100 ft. dock. Enjoy peace of mind no matter the weather with sturdy concrete construction and metal roof. Additional improvements include upgraded plumbing and electric systems, and fresh interior and exterior paint. The property also offers an abundance of on-site parking. Excellent central location providing proximity to exciting restaurants and shops in town. Take advantage of this incredible investment opportunity in beautiful Marathon, Florida!

More Information MLS# 605758

Contract Information

Listing Board: Marathon/Lower Keys As is Rght to Inspct: Yes Species List: No Current Price: $1,500,000 Listing Date: 2023-06-23 Sold Price: $1,500,000

Location, Tax & Legal

City: MARATHON Off Shore Island: No Mile Marker: 50.5 Marathon Neighborhood: Mid-Town - Ocean (Sombrero to 71st) Side: Ocean Flood Zone: AE,AE Alternate Key #: 1417467 Parcel #: 00339850-000000 Zoning: RM - Residential Medium Deed Restrictions: Unknown Legal: BK A LT 6 SHERYL SUBD #2 PB4-43 KEY VACA Taxes: 9677.03 Tax Year: 2022 Pub Sewer HkUp: Yes Street #: 600 Direction: E Street Name: 63rd Street Ocean Key/Island: Marathon State/Province: FL Zip Code: 33050 County: Monroe Subdivision: Sheryl Sub (50.5) Area: 16 - Sombrero Bch Rd to Vaca Cut - Oceanside

General Property Description

Realtor.COM Type: Multi-family Waterfront: Yes Control Depth: 4 Lot SqFt: 7500 Pool: No Lot Sqft Source: Property Data Card Total Units: 0 Acres: 0.17 SqFt Source: Property Data Card Rentals Allowed: With Restrictions Min Rental Days: 7 Style: Multi-Units Year Built: 1972 Living Apx SqFt: 2986 Total Bedrooms: 7 Full Baths: 4 Total Baths: 4

Remarks & Misc

Remarks – Consumer: Excellent investment opportunity at this income-producing triplex in a prime location! Rare in the Florida Keys, this triplex is located in Marathon where 7-day rentals are permitted, generate passive income with ease. The lower level boasts two 2 bedroom, 1 bathroom units, recently upgraded with wood-look tile flooring, quartz countertops and stainless steel appliances in the kitchens, and updated bathroom finishes. Upstairs is a sizeable 3 bedroom, 2 bathroom unit offering stunning views of the canal below and an oversized 100 ft. dock. Enjoy peace of mind no matter the weather with sturdy concrete construction and metal roof. Additional improvements include upgraded plumbing and electric systems, and fresh interior and exterior paint. The property also offers an abundance of on-site parking. Excellent central location providing proximity to exciting restaurants and shops in town. Take advantage of this incredible investment opportunity in beautiful Marathon, Florida! Directions: From Overseas Highway, turn Oceanside on to 63rd St Ocean. The destination is ahead on the right.

Association Info

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

Fee Includes

None: 1

Dockage

Dock Length: 100 Dock: Wood

Tax Exemptions

None: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Oven: 1 Range: 1 Refrigerator: 1 Stainless Steel Appliance(s): 1 Washer: 1

Pets

Pets Allowed: 1

Cooling

Ceiling Fans(s): 1 Central Air: 1

Waterfront

Canal Front: 1

Waterview

Canal View: 1

Floor

Tile: 1

Neighborhood Feature

Bike Paths: 1

Interior Features

Built-in Cabinets: 1 Granite Counter Top: 1 Quartz Countertops: 1 Storage: 1

Building Style

Above Flood: Unknown

Windows/Doors

Impact Rstnce Doors: 1 Impact Rstnce Window: 1

Vehicle Storage

Open Parking: 1 Off Street Parking: 1

Construction

CBS: 1

Land Size

Less Than 1/4 Acre: 1

Terms

Cash: 1 Conventional: 1

Utilities

Buyer to Verify: 1 FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Open Porch/Balcony: 1 Screened Patio: 1

Title

Negotiable: 1

Exterior Features

Fencing: 1

Roof

Metal Roof: 1

Status Change Info

Sold Date: 2024-04-17 Sold Price: $1,500,000 Status: Closed

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Canal Front Waterview: Canal View Vehicle Storage: Off Street Parking; Open Parking Cooling: Ceiling Fans(s); Central Air Utilities: Buyer to Verify; FKAA; Municipal Sewer Interior Features: Built-in Cabinets; Granite Counter Top; Quartz Countertops; Storage Appliances: Dishwasher; Dryer; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer Exterior Features: Fencing Construction: CBS Floor: Tile Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Bike Paths Land Size: Less Than 1/4 Acre Terms: Cash; Conventional Title: Negotiable
Listing Office: Coldwell Banker Schmitt Lower Keys (KW)
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.