88 Tingler Lane, Marathon, FL 33050

$3,995,000
Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 1,688 Lot Size (sq. ft.): 68,425 Status: Active
Current Price: $3,995,000 List Date: 5/13/2024 Last Modified: 11/10/2024

Description

GREAT NEW PRICE! BUT ONLY FOR A SHORT TIME! Extraordinary Opportunity in the Florida Keys Stunning 1.5-Acre Oceanfront parcel. The property presently features delightful one-bedroom cottage with boat dockage and a beach-entry pool. There is a lift for handicap access to main level. The site has the potential for constructing multiple residences or one lavish estate. This highly desirable property is situated in the prestigious Sombrero Beach area of Marathon, just a stone's throw away from the renowned Sombrero Beach Park. The location provides biking and walking path and is centrally positioned near schools, shopping amenities, and the Marathon International Airport. Privacy is paramount with a gated entrance, fencing, and dense landscaping enhancing the property's exclusivity. Transferable Building Rights are available for acquisition at $250,000 apiece, facilitating an expedited permitting process for construction endeavors of multiple units.

More Information MLS# 609958

Contract Information

Current Price: $3,995,000 Listing Date: 2024-05-11 Listing Board: Marathon/Lower Keys List Price: $3,995,000 As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: Yes

Location Tax Legal

Street #: 88 Street Name: Tingler Street Suffix: Lane Key/Island: Marathon State/Province: FL Zip Code: 33050 County: Monroe Subdivision: Sombrero Prop Plat (49.5) Area: 14 - Sombrero Area

General Property Description

Realtor.COM Type: Residential - Single Family Style: Single Family Waterfront: Yes Control Depth: 4 Pool: Yes Year Built: 1995 Lot SqFt: 68425 Lot Sqft Source: Tax Records Acres: 1.56 Living Apx SqFt: 1688 SqFt Source: Tax Records Total Bedrooms: 1 Full Baths: 2 Total Baths: 2 Rentals Allowed: Yes Min Rental Days: 7

Status Change Info

Status: Active

Association Info

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

Dockage

Dock Length: 50

Building Style

Above Flood: Yes

Financial Status

Bank Owned: No Potential Short Sale: No

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Oceanfront Waterview: Ocean View; Open Water View Vehicle Storage: Carport; Covered Parking; Guest Parking; Off Street Parking; Open Parking; RV Parking Open Furnished: Unfurnished Cooling: Ceiling Fans(s); Central Air Utilities: Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Built-in Cabinets; Pantry; Storage Pre-Wired: Cable Appliances: Range; Refrigerator Exterior Features: Bar; Chickee Hut; Fencing; Hot Tub; Outdoor Kitchen; Sandy Beach Accessibility Feat: Accessible Elevator Installed Pool Info: In Ground; Decked Construction: CBS Floor: Wood Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Beach; Bike Paths Land Size: 1 Less Than 2 Acres Terms: Cash; Seller Finance Psble
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: November - 10 - 2024
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