Estimated payment $10,631/month
Highlights
- Ocean Front
- RV or Boat Parking
- 80,400 Sq Ft lot
- Coral Shores High School Rated A
- RV Parking in Community
- 1-minute walk to Curry Hammock State Park
About This Home
Position yourself at the gateway to one of the most sought after markets in the Keys. This prime multi-family complex offers not just immediate income potential, but long term upside with redevelopment or expansion. Property is in a high demand location with direct access to US-1/Overseas Highway. The property features two sturdy concrete block structures. The first building contains a three-bedroom, two-bathroom residence. The second building is designed as a duplex with two efficiency studio units, each with its own bathroom. This property has three residential property rights. Whether your vision is a multifamily expansion, a mixed use waterfront property, or a strategic land banking, this is a rare chance to own a contiguous property package in Marathon. Additional purchase opportunity to own the adjacent parcel and submerged land rights giving savvy buyers the ability to control and develop a larger footprint. Buy one. Add the rest. Control the block.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,064
Year Built
- Built in 1950
Lot Details
- 1.85 Acre Lot
- Ocean Front
- Fenced
Property Views
- Ocean
- Harbor
Home Design
- Concrete Roof
- Pre-Cast Concrete Construction
Interior Spaces
- 3,017 Sq Ft Home
- Ceiling Fan
Kitchen
- Range
- Microwave
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Parking
- Guest Parking
- Open Parking
- RV or Boat Parking
Location
- Ground Level
Utilities
- Cooling System Mounted To A Wall/Window
- Separate Meters
- Public Hookup Available For Sewer
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 00362660-000000
Community Details
Overview
- No Home Owners Association
- Association fees include sewer, water
- 2 Units
- Driftwood Estates Subdivision
- Rental Restrictions
- RV Parking in Community
Pet Policy
- Pets Allowed
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,650 | $1,238,909 | $782,146 | $456,763 |
| 2024 | $14,973 | $1,263,999 | $825,596 | $438,403 |
| 2023 | $14,973 | $1,290,029 | $869,046 | $420,983 |
| 2022 | $11,945 | $1,016,430 | $0 | $0 |
| 2021 | $12,943 | $1,135,440 | $0 | $0 |
| 2020 | $12,317 | $1,105,095 | $0 | $0 |
| 2019 | $11,386 | $1,075,612 | $0 | $0 |
| 2018 | $10,352 | $855,685 | $0 | $0 |
| 2017 | $10,611 | $883,810 | $0 | $0 |
| 2016 | $12,904 | $1,114,675 | $0 | $0 |
| 2015 | $8,395 | $664,992 | $0 | $0 |
| 2014 | $8,673 | $669,593 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/17/2025 11/17/25 | Price Changed | $1,800,000 | -18.2% | $597 / Sq Ft |
| 05/21/2025 05/21/25 | For Sale | $2,200,000 | -- | $729 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Trustee Deed | -- | None Available | |
| Quit Claim Deed | -- | Attorney | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | $25,000 | -- | |
| Quit Claim Deed | $300,000 | -- | |
| Quit Claim Deed | $300,000 | -- | |
| Warranty Deed | $240,000 | -- | |
| Warranty Deed | $226,800 | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $185,000 | Commercial | |
| Previous Owner | $185,000 | Commercial | |
| Previous Owner | $168,000 | Commercial |
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 615113
APN: 00362660-000000
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