N/A, FL

$2,200,000

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4

Beds

4

Baths

3,017

Square feet

About N/A

Position yourself at the gateway to one of the most sought after markets in the Keys. This prime multi-family complex offers not just immediate income potential, but long term upside with redevelopment or expansion. Property is in a high demand location with direct access to US-1/Overseas Highway. The property features two sturdy concrete block structures. The first building contains a three-bedroom, two-bathroom residence. The second building is designed as a duplex with two efficiency studio units, each with its own bathroom. This property has four residential property rights. Whether your vision is a multifamily expansion, a mixed use waterfront property, or a strategic land banking, this is a rare chance to own a contiguous property package in Marathon. Additional purchase opportunity to own the adjacent parcel and submerged land rights giving savvy buyers the ability to control and develop a larger footprint. Buy one. Add the rest. Control the block.

Features of N/A

MLS® # 615113
Price $2,200,000
Bedrooms 4
Bathrooms 4.00
Full Baths 4
Square Footage 3,017
Year Built 1950
Type Residential
Sub-Type Multi-Units
Style Ground Level
Status Active

Community Information

Address N/A
Area 18 - East of Holiday Inn US #1 & Coco Plum
Subdivision Driftwood Estates (54.0)
County Monroe
State FL
Zip Code 33050

Amenities

Utilities FKAA, Elect Separate Meter, Buyer to Verify, Municipal Sewer
Parking Open Parking, RV Parking Open, Trailer Storage, Guest Parking
View Ocean View, Harbor/Marina View, Open Water View
Is Waterfront Yes
Waterfront Oceanfront, Open Water
Has Pool No

Interior

Appliances Refrigerator, Microwave, Range
Cooling Wall/Window Unit(s), Ceiling Fans(s)
Fireplace No

Exterior

Exterior Features Fencing
Lot Description 1 Less Than 2 Acres
Roof Concrete Roof, Other Roof
Construction Concrete

Additional Information

Date Listed May 21st, 2025
Days on Market 146
Zoning MU - Mixed Use Commercial Mixed Use
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentStephany Duvall
OfficeEngel & Volkers Marathon

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