295 51St Street Gulf

Marathon, FL 33050 / Woodburns Sub (49.5)

MLS ID# 609509 Active
Commercial

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$2,200,000

0.29 acres

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• Description
• Location, Tax & Legal
• General Property Description
• Details

Description

Exceptional 6-unit multi-family commercial property conveniently accessible from both 51st Street and 50th Street. This property offers unparalleled convenience and charm in the heart of Marathon. Comprised of three buildings surrounding a serene courtyard oasis complete with a sparkling pool, tiki bar, and grill. Boasting a total of five efficiencies and a separate two-bedroom, two-bathroom unit, making it an investor's dream. Each unit has undergone extensive remodeling, featuring tile floors, impact windows, AC systems, state-of-the-art appliances, cabinets, and quartz countertops. Ample off-street parking for over eight vehicles. Zoned MU Commercial with six TBRs (Building Rights), this property offers versatile opportunities for investors, whether for short-term rentals, long-term leasing, or commercial endeavors.CA/NDA and proof of funds or bank pre-approval is required. Exceptional 6-unit multi-family commercial property conveniently accessible from both 51st Street and 50th Street. This property offers unparalleled convenience and charm in the heart of Marathon. Comprised of three buildings surrounding a serene co... show more

Location, Tax & Legal

• Street # 295
• Street Name 51St Street Gulf
• Key/Island Marathon
• City MARATHON
• State/Province FL
• Zip Code 33050
• Subdivision Woodburns Sub (49.5)
• Mile Marker 49.5
• County Monroe
• Area 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
• Marathon Neighborhood Old Town East (25th to Sombrero)
• Side Bay/Gulf
• Flood Zone AE
• Alternate Key # 1399299
• Parcel # 00325210-000000
• Zoning MU - Mixed Use Commercial Mixed Use
• Legal BK A LT 2 WOODBURNS SUB PB2-29 KEY VACCA OR378-465 OR461-266 OR1482-1356 OR1528-294 OR1528-298 OR1528-299 OR2704-1308 OR
• Taxes 14463.9
• Tax Year 2023

General Property Description

• Realtor.COM Type Commercial
• Style Commercial
• Lot Size 100 x 127
• Lot SqFt 12666
• Waterfront No
• Control Depth 0
• # Parking Spaces 8
• Off Street Parking Yes
• # Stories 1
• Total # Buildings 3
• Building SqFt 2614
• SqFt Source Tax Records
• Net Leasable Area 2614
• Total Units 6
• Year Built 1953
• Total Bedrooms 7
• Full Baths 7
• Half Baths 0
• Total Baths 7

Details

• Association Info

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

• Property Info

  # Efficiencies:5, 2 Bed/Bath:1

• Type

  Apartment 3 or more

• Waterfront

  None

• Waterview

  No Waterview

• Dockage

  None

• Vehicle Storage

  Common Parking, Guest Parking, Off Street Parking

• Cooling

  Wall/Window Unit(s)

• Utilities

  Buyer to Verify, Municipal Sewer

• Interior Features

  Smoke Alarms

• Appliances

  Dryer, Range, Refrigerator, Washer

• Miscellaneous

  Chickee Hut, Fencing, Patio, Pool

• Construction

  CBS

• Windows/Doors

  Impact Rstnce Doors, Impact Rstnce Window

• Floor

  Tile

• Land Size

  1/4 - 1/2 Acre

• Fee Includes

  None

• Show

  LA Must Accompany, Tenant Occupied, Other Showing Instr

• Financial Status

  No Bank Owned, No Potential Short Sale