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Address Unlisted
, FL 33050
$2,200,000
Active
20+
$2,200,000
Active
4
Bedrooms
4
Bathrooms
N/A
Half Baths
3,017 
Size Sq. Ft.
1
DOM
Address Unlisted , FL 33050
4 Beds, 4 Baths, Multi-Units 3,017 Sq.Ft.

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 upland area is 39,500 sq. ft. lot, plus 0.46 acres of sensitive area 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 two-bedroom, two-bathroom residence. The second building is designed as a duplex with two efficiency studio units, each with its own bathroom. This property comes with four 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.


Listing Summary
  • Address Address Unlisted
  • City
  • Key Marathon
  • County Monroe
  • Zip 33050
  • Price $2,200,000 ($729 / SqFt)
  • Status Active
  • Subdivision Driftwood Estates (54.0)
  • Community Driftwood Estates (54.0)
  • Pets Allowed Pets Allowed
  • MLS® # 615113
  • Property Type Multi-family
  • Property Sub TypeMulti-Units
  • Status Active
  • Square Feet 3,017
  • Year Built 1950
  • Waterfront Yes
  • Maintenance Fees No Info Provided
  • Taxes $14,064
  • Tax Year 2024
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The information being provided by the Florida Keys MLS is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. The MLS data provided for the property above (615113) is provided courtesy of (Engel & Volkers Marathon). Data last updated on 05-22-2025.
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