610 12th, Marathon, FL 33050

$2,700,000
8
BD
6
BA
3,498
SqFt
Sold Price
$2,700,000
List Price
$2,950,000
MLS#
600053
Status
CLOSED
Days on Market
124
Closing Date
Sep 16, 2022
Year Built
1976
Style
Multi-Units
Bedrooms
8
Bathrooms
6
Acres
0.36
Living Area
3,498
Region
Marathon
Subdivision
Halls Sub (48.0)

Property Description

Development opportunity. Seller Financing Offered. Min 35% down. Seller will hold up to 5 years at 5%. 4 TBR's ( Transferable Building Rights ) convey with property, Point lot on 12th st Gulf Side, Endless unobstructed views, Approx 305 ft of seawall. Can also rent all 4 units as is, potentially about 10k per month in rent here enough to service the principal and interest payment. Could be Waterfront employee compound, 4 air bb's, etc, Weekly rentals are allowed, No HOA!

Additional Information

Hoa Includes
None
Taxes
$14,010
Lot Size
25,894
Mile Marker
48
Roof
Other Roof
Exterior
Chickee Hut, Fencing
Utilities
Elect Separate Meter, FKAA, Municipal Sewer, Water Separate Meter
Appliances
Oven, Range, Refrigerator
Pool Desc
In Ground
Waterfront Desc
Bay Front, Gulf Front, Open Water
Waterview Desc
Bay/Gulf View, Open Water View
Construction
Manufactured
Cooling
Ceiling Fans

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Coldwell Banker Schmitt Real Estate Co.. Selling Office: Coldwell Banker Schmitt Real Estate Co..