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Listed by Gidget Jackson • Realty Bistro
$849,000
Est. payment /mo
4 BD
3 BA
1,203 SqFt
Active
625 73Rd Street Ocean ST #A-B Marathon, FL 33050
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UPDATED:
11/01/2024 05:51 PM
Key Details
Property Type Multi-Family
Sub Type Multi-family
Listing Status Active
Purchase Type For Sale
Square Footage 1,203 sqft
Price per Sqft $705
Subdivision Reimann'S Sub (51.0)
MLS Listing ID 611845
Style Duplex
Bedrooms 4
Full Baths 3
Year Built 1958
Annual Tax Amount $6,796
Tax Year 2023
Lot Size 9,000 Sqft
Property Description
Seller will consider all offers! Don't miss this opportunity with a variety of potential uses. Currently this duplex has two units that are rented which includes two transferrable building rights. Opt. 1: Use as-is. Opt. 2: Transition to a single family and sell off the 2nd building right for approx. value $200k net. Opt 3: Apply to the city for two affordable building rights and deed restrict the duplex for affordable housing then move off both transferrable building rights (approx. value $400k net). Opt. 4: Could be a combination of the above. So many options here to discuss so let's see what works best for you!
Location
State FL
County Monroe
Area 16 - Sombrero Bch Rd To Vaca Cut - Oceanside
Zoning RH - Residential High
Interior
Heating Wall/Window Unit(s)
Cooling Wall/Window Unit(s)
Exterior
Pool No
Utilities Available FKAA, Cable Available, Sewer Available
Waterfront Description None
Building
Lot Size Range 0.21
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