$899,000

0 Vacant Land 89th St Unit 610843 Marathon, FL 33050

Estimated payment $4,933/month

Total Views 6,948
-- Acre
-- Price per Acre
6,440 Sq Ft Lot

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

Sam Williams

Coldwell Banker Schmitt Real Estate Co. License #3186658 Listed on: 07/22/2024

Coldwell Banker Schmitt Real Estate Co.

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

Property Details

Property Type

Land

Est. Annual Taxes

$1,710

Lot Details

0

Listing Details

  • Property Type: Lots and Land
  • As Is Right To Inspect: Yes
  • Auction Information: No
  • Buyers Premium: No
  • Auction Info Deposit Required: No
  • Control Depth: 4
  • Dockage Dock Length: 70
  • Dockage Seawall: Cut/Natural
  • Financial Status Bank Owned: No
  • Financial Status Potential Short Sale: No
  • Key Island: Marathon
  • Limited Representation: No
  • Marathon Neighborhood: Airport - Ocean (72nd to 106th)
  • Mile Marker: 52.00
  • M L S Identifier: 20060123165453488875000000
  • Neighborhood Feature: Community Boat Ramp, Airstrip
  • Property Group I D: 19990816212131825981000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 1710.45
  • Alternate Key Number: 1427551
  • Lot Sq Ft: 6440.00
  • Species List: No
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Location Site: Cleared Site
  • Lot Dimensions: 70x92
  • Miscellaneous Info Mobile Home Lot: No
  • R O G O Exempt: No
  • Survey Available: Yes
  • Tax Exemptions: None
  • Vegetation Survey: No
  • Water Main Inquiry File: No
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Dockage: None
  • Waterfront: Canal Front
  • Waterfront: Yes
  • Waterview: Canal View

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE-8
  • Parcel Number: 00349800-000000
  • Land Size: Less Than 1/4 Acre

Tax Info

  • Tax Year: 2021

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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®

Source: Marathon and Lower Keys Association of REALTORS®

MLS Number: 610843