$2,950,000
610 12Th
Marathon, FL 33050
MLS# 600053
Status: Contingent/Show
8 beds  |  6 baths  |  3498 sqft


610 12Th, Marathon, FL 33050
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610 12Th, Marathon, FL 33050 610 12Th, Marathon, FL 33050 610 12Th, Marathon, FL 33050 610 12Th, Marathon, FL 33050 610 12Th, Marathon, FL 33050 610 12Th, Marathon, FL 33050 610 12Th, Marathon, FL 33050 610 12Th, Marathon, FL 33050 610 12Th, Marathon, FL 33050 610 12Th, Marathon, FL 33050

Property Description
Development opportunity. Seller Financing Offered. Min 35% down. Seller will hold up to 5 years at 5%. 4 TBR's ( Transferable Building Rights ) convey with property, Point lot on 12th st Gulf Side, Endless unobstructed views, Approx 305 ft of seawall. Can also rent all 4 units as is, potentially about 10k per month in rent here enough to service the principal and interest payment. Could be Waterfront employee compound, 4 air bb's, etc, Weekly rentals are allowed, No HOA!

Details
Maps
Contract Information
Current Price: $2,950,000
Listing Date: 2022-03-09
Listing Board: Marathon/Lower Keys
List Price: $2,950,000
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No
Location, Tax & Legal
Street #: 610
Street Name: 12Th
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
Off Shore Island: No
County: Monroe
Subdivision: Halls Sub (48.0)
Mile Marker: 48
Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
Marathon Neighborhood: Old Town West (11th to 25th)
Side: Bay/Gulf
Flood Zone: VE11, VE12
Alternate Key #: 8643853
Add'l Parcel #1: 00101580-000100
Parcel #: 00101580-000200
Zoning: RM - Residential Medium
Deed Restrictions: Unknown
Legal: 8 66 32 HOG KEY PT LOT 1
Taxes: 14010
Tax Year: 2021
Pub Sewer HkUp: Yes
General Property Description
Realtor.COM Type: Multi-family
Style: Multi-Units
Waterfront: Yes
Control Depth: 4
Pool: Yes
Year Built: 1976
Total Units: 4
Lot SqFt: 25894
Acres: 0.36
Living Apx SqFt: 3498
SqFt Source: Property Data Card
Total Bedrooms: 8
Full Baths: 6
Total Baths: 6
Rentals Allowed: Yes
Min Rental Days: 7
Remarks & Misc
Remarks – Consumer: Development opportunity. Seller Financing Offered. Min 35% down. Seller will hold up to 5 years at 5%. 4 TBR's ( Transferable Building Rights ) convey with property, Point lot on 12th st Gulf Side, Endless unobstructed views, Approx 305 ft of seawall. Can also rent all 4 units as is, potentially about 10k per month in rent here enough to service the principal and interest payment. Could be Waterfront employee compound, 4 air bb's, etc, Weekly rentals are allowed, No HOA!
Directions: From US1 turn onto 12th Street Gulf. Property is at end of the road.
Status Change Info
Contingent: Contingent/Show
Status: Contingent/Show
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Dockage
Dock Length: 265
Dock: Concrete
Seawall: Concrete
Building Style
Above Flood: No
Vehicle Storage
Car(s): 4+
Financial Status
Auction: No
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Bay Front; Gulf Front; Open Water
Waterview: Bay/Gulf View; Open Water View
Building Style: Single Wide
Vehicle Storage: Guest Parking; Off Street Parking; Open Parking; Trailer Storage
Cooling/Heating: Ceiling Fans
Porch/Balcony: Deck
Utilities: Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter
Appliances: Oven; Range; Refrigerator
Exterior Features: Chickee Hut; Fencing
Pool Info: In Ground
Construction: Manufactured
Roof: Other Roof
Pets: Pets Allowed
Land Size: 1/4 - 1/2 Acre

Listing Office: Coldwell Banker Schmitt Real Estate Co.

Last Updated: July - 12 - 2022

610 12Th, Marathon, FL 33050 - MLS# 600053
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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.