0 Vacant Land 89th St Unit 610843 Marathon, FL 33050
Estimated payment $4,933/month
Highlights
- Airstrip
- Boat Ramp
- Seawall
- Coral Shores High School Rated A
- Home fronts a canal
About This Lot
Waterfront lot is cleared and ready for construction, complete with Transferable Building Rights (TBR), house plans, and dock plans. Located on the picturesque 89th Street in Marathon, Florida, this waterfront lot spans 6,440 square feet and measures 70 feet wide by 92 feet deep. Boasting 70 feet of prime water frontage and a 45-foot-wide canal that leads directly to open water, this property offers a 4-foot control depth, ensuring easy water access. As soon as you reach the end of the canal, you can plane out effortlessly. Weekly rentals are permitted, making this an ideal investment for generating rental income. Imagine building your dream home with a customizable layout, ample storage options, and your choice of colors and materials. New construction offers numerous advantages, including easier maintenance, cheaper insurance, and no worries about illegal enclosures. This property presents a significant equity potential, providing a profitable margin for flippers and better numbers for vacation rentals. You can build to withstand 180 MPH winds, above flood levels, and without the need for shutters. Additionally, solar programs are available for those interested in off-grid living. Investing in this property not only offers a substantial profit margin but also provides a valuable learning experience for future real estate ventures. Don't miss this rare opportunity to own a prime piece of waterfront property in Marathon, Florida. Contact us today to learn more and start building your dream home or investment property!
Listing Agent
Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 07/22/2024

Property Details
Property Type
- Land
Est. Annual Taxes
- $1,710
Lot Details
- 6,440 Sq Ft Lot
- Lot Dimensions are 70x92
- Home fronts a canal
- Cleared Lot
- Property is zoned RM - Residential Medium
Property Views
- Canal Views
Listing and Financial Details
- Assessor Parcel Number 00349800-000000
Community Details
Overview
- Gulfstream Shore Subdivision
Recreation
- Boat Ramp
- Airstrip
- Seawall
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/22/2024 07/22/24 | For Sale | $899,000 | -- | -- |
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 610843
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