8700 Overseas Highway , MARATHON, FL 33050
MARATHON, FL 33050
Description
Seller is calling for offers...Attention Developers!!!....Direct oceanfront development opportunity located in the Economic Opportunity Zone in the Middle Keys. 1.67 acres with concrete seawall in place for (5) 30' dock spaces and (5) 30'-40' T-Docks are in permitting. Development agreement in place with the City of Marathon for (10) single family villas with (10) building entitlements in hand to start building today. Villas are concrete construction, four bedroom, there and a half bathrooms, 2,643 sf under air, impact windows/doors, metal roofs, open porches, roof top deck, elevator, private pools and assigned docks. This property features a protected boat basin with six lots and four oceanfront point lots with direct open ocean views and access. This rare, oceanfront parcel would make a fabulous private multi-family compound or build (10) vacation rental income producing villas and take advantage of the tax benefits from the EOZ.
Details
| MLS# | 613755 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 0 |
| Days On Site | 61 |
| Listing Provided By | Ocean Sotheby's International Realty | Jo Ann Cook |
Features
| Zoning | MU - Mixed Use Commercial Mixed |
|---|---|
| Acreage | 1.67 |
| Water Front | Yes |
| Property View | Canal, Open Water View, Ocean |
Market Activity 33050
The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Coldwell Banker Schmitt are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.
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Learn More About This Property
| State | FL |
|---|---|
| County | Monroe |
| City | MARATHON |
| Zip Code | 33050 |
| Area | 16 Sombrero Bch Rd to Vaca Cut Oceanside |
| Community Name | Misc Marathon East O (52.0) |
| Listing VS Median (In Misc Marathon East O (52.0)) | |
Price: $6,900,000 low | high Med: $2,900,000 On site: 61 low | high Med: 16.000000 | |