3920 Louisa Street

Marathon, FL 33050 / Marathon Beach (49.0)

MLS ID# 603170 Closed
Multi-Units

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Closed $675,000

4 beds

3 baths

******** Garage

3220 sqft

0.23 acres

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

Description

Redevelopment opportunity with THREE building rights (a.k.a. ROGO's), and possibly a 4th on a 10,000 sq ft lot in area that is being revitalized. MU zoning allows a multitude of uses for this redevelopment opportunity. According to the MLS, a same sized lot in MU zoning with ZERO building rights recently closed in Marathon for $246K & a single building right just closed in a separate transaction for $200K. Do the math. Located Gulfside just off of US Hwy 1 & close to newly renovated Baptist Fisherman's Hospital, Marathon Community Park, Marathon Airport, plus marinas, schools & shopping. Building has been deemed unsafe by City of Marathon & must be demo'd by buyer. DO NOT attempt to enter building. Once demo'd, you will be starting with a clean slate. This is an estate sale, building & lot being sold As Is. There will be no repair & no clean up by sellers. Currently three ROGO's recognized & Seller working with City of Marathon to confirm 4th. Refer to link for zoning details: 'https://library.municode.com/search?stateId=9&clientId=12861&searchText=zoning ' Redevelopment opportunity with THREE building rights (a.k.a. ROGO's), and possibly a 4th on a 10,000 sq ft lot in area that is being revitalized. MU zoning allows a multitude of uses for this redevelopment opportunity. According to the MLS, a same s... show more

Location, Tax & Legal

• Street # 3920
• Street Name Louisa
• Street Suffix Street
• Key/Island Marathon
• City MARATHON
• State/Province FL
• Zip Code 33050
• County Monroe
• Subdivision Marathon Beach (49.0)
• Mile Marker 49
• 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,AE
• Alternate Key # 1415014
• Parcel # 00337360-000000
• Zoning MU - Mixed Use Commercial Mixed Use
• Deed Restrictions Unknown
• Legal BK 5 LT 12 MARATHON BEACH PB2-21 OR457-967 OR1180-1766 OR1206-1908D/C OR1243-2064 OR2102-1406ORD OR2102-1407/10WILL OR21
• Taxes 5586.75
• Tax Year 2022
• Pub Sewer HkUp No

General Property Description

• Realtor.COM Type Multi-family
• Style Multi-Units
• Waterfront No
• Control Depth 0
• Pool No
• Year Built 1975
• Total Units 3
• Lot Size 200 X 50
• Lot SqFt 10000
• Acres 0.23
• Living Apx SqFt 3220
• SqFt Source Tax Records
• Total Bedrooms 4
• Full Baths 3
• Half Baths 0
• Total Baths 3
• Rentals Allowed With Restrictions

Details

• Association Info

  No Mandatory Home Owners Asc, No 1st Right of Refusal, Association Fee $:0

• Fee Includes

  None

• Tax Exemptions

  None

• Waterfront

  None

• Waterview

  No Waterview

• Dockage

  None

• Property Condition

  Fixer Upper

• Building Style

  Above Flood:Unknown, Stories:2 Stories

• Vehicle Storage

  Car(s):4+, Off Street Parking

• Utilities

  Buyer to Verify, Sewer Available

• Appliances

  No Appliances

• Construction

  Concrete

• Pets

  Pets Allowed

• Land Size

  Less Than 1/4 Acre

• Show

  Call List Agent, Short Notice OK, Sign on Property

• Financial Status

  No Auction, No Bank Owned, No Potential Short Sale, Standard Sale