765 107Th Street Ocean, Marathon, FL 33050 (MLS# 578332)

765 107Th Street Ocean, Marathon, FL 33050

$2,600,000

Virtual Tour

http://www.circlepix.com/home2/A653RF/765-107Th-Street-Ocean-Marathon-FL-578332

Property Type: Residential Bedrooms: 6 Baths: 5 Square Footage: 4,212 Lot Size (sq. ft.): 123,161 Status: Closed

Current Price: $2,600,000 List Date: 1/19/2018 Last Modified: 9/02/2024

Description

REHAB or REDEVELOP...RARE opportunity to own a 3+ acre direct ocean front parcel in the “Heart of Marathon”. This parcel runs from US #1 all the way to the Atlantic, PLUS .8 acres of deeded bay bottom. Many possibilities for this unique oceanfront parcel from private ocean front estate to redevelopment. Currently zoned as Residential Multi-Family Less Than 10 Units, property has a 2,592 sf 3bd/2ba ocean front home and Tri-Plex (3) 1bd/1ba units allowing for 4 existing building rights. Featuring a deep water boat basin and concrete seawall. Over 200 ft of water frontage with beautiful open water views. US #1 frontage is suitable for re-zoning based on properties on each side already zoned commercial. Hurricane damage from Irma, property is being sold AS IS, seller is not making any repairs.

More Information MLS# 578332

Contract Information

Listing Board: Marathon/Lower Keys As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No Current Price: $2,600,000 Listing Date: 2018-01-18 Sold Price: $2,600,000

Location, Tax & Legal

City: MARATHON Off Shore Island: No Mile Marker: 52.5 Marathon Neighborhood: Marathon East - Ocean (Airport to Vaca) Side: Ocean Flood Zone: AE,VE Alternate Key #: 1121860 Handicap Access: No Add'l Parcel #1: 00104430-000000 Parcel #: 00104260-000000 Zoning: RM - Residential Medium Deed Restrictions: No Legal: 6 66 33 KEY VACCAS PT GOV LOT 1 & ADJ BAY BOTTOM SOUTH OF AND ADJ PT GOV LOT 1 & 6 66 33 KEY VACA PT GOV LOT 2 PT PAR 3 Taxes: 12451.92 Tax Year: 2017 Pub Sewer HkUp: Yes Street #: 765 Street Name: 107Th Street Ocean Key/Island: Marathon State/Province: FL Zip Code: 33050 County: Monroe Subdivision: S Marathon Shores (52.5) Area: 16 - Sombrero Bch Rd to Vaca Cut - Oceanside

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: Yes Control Depth: 5 Lot SqFt: 123161 Pool: Yes Total Units: 4 SqFt Source: Property Data Card Rentals Allowed: Yes Min Rental Days: 7 Style: Multi-Units Year Built: 1958 Living Apx SqFt: 4212 Total Bedrooms: 6 Full Baths: 5 Total Baths: 5

Remarks & Misc

Remarks – Consumer: REHAB or REDEVELOP...RARE opportunity to own a 3+ acre direct ocean front parcel in the “Heart of Marathon”. This parcel runs from US #1 all the way to the Atlantic, PLUS .8 acres of deeded bay bottom. Many possibilities for this unique oceanfront parcel from private ocean front estate to redevelopment. Currently zoned as Residential Multi-Family Less Than 10 Units, property has a 2,592 sf 3bd/2ba ocean front home and Tri-Plex (3) 1bd/1ba units allowing for 4 existing building rights. Featuring a deep water boat basin and concrete seawall. Over 200 ft of water frontage with beautiful open water views. US #1 frontage is suitable for re-zoning based on properties on each side already zoned commercial. Hurricane damage from Irma, property is being sold AS IS, seller is not making any repairs. Directions: US #1 to 107th Street Ocean.

Association Info

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

Fee Includes

None: 1

Dockage

Dock Length: 130 Dock: Wood Seawall: Concrete

Tax Exemptions

Homestead: 1

Appliances

Dryer: 1 Oven: 1 Range: 1 Refrigerator: 1 Washer: 1

Waterfront

Oceanfront: 1 Open Water: 1

Waterview

Ocean View: 1 Open Water View: 1

Interior Features

Cathedral Ceilings: 1 Dade County Pine: 1 Fireplace(s): 1 Split Bedroom: 1 Storage: 1

Building Style

Above Flood: No Ground Level: 1 Stories: 1 Story

Vehicle Storage

Garage: 1 Guest Parking: 1 Open Parking: 1 RV Parking Open: 1 Attached: 1 Off Street Parking: 1 Trailer Storage: 1

Construction

CBS: 1

Land Size

2 Less Than 5 Acres: 1

Furnished

Negotiable: 1

Utilities

Elect Separate Meter: 1 FKAA: 1 Municipal Sewer: 1

Porch/Balcony

Open Porch/Balcony: 1

Title

Negotiable: 1

Pool Info

Concrete: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2018-12-17 Sold Price: $2,600,000 Status: Closed

Property Features

Fee Includes: None Tax Exemptions: Homestead Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Building Style: Ground Level Vehicle Storage: Garage; Attached; Guest Parking; Off Street Parking; Open Parking; RV Parking Open; Trailer Storage Furnished: Negotiable Utilities: Elect Separate Meter; FKAA; Municipal Sewer Interior Features: Cathedral Ceilings; Dade County Pine; Fireplace(s); Split Bedroom; Storage Appliances: Dryer; Oven; Range; Refrigerator; Washer Pool Info: Concrete Construction: CBS Land Size: 2 Less Than 5 Acres Title: Negotiable

Documents

City of Marathon Letter 765 107th ›

Letter from City Vacant Lot Parcel ›

Listing Office: Ocean Sotheby's International

Last Updated: September - 02 - 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.