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!
MLS# | 611845 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1958 |
Days On Site | 101 |
Listing Provided By | Re/Max Realty Group LLC | Gidget Jackson |
Bed(s) | 4 |
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Bath(s) | 3 Total |
SQ Feet | 1,203 |
Zoning | RH - Residential High |
Acreage | 0.21 |
Water Front | None |
Property View | No Waterview |
State | FL |
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County | Monroe |
City | MARATHON |
Zip Code | 33050 |
Area | 16 Sombrero Bch Rd to Vaca Cut Oceanside |
Community Name | Reimann's Sub (51.0) |
Listing VS Median (in Reimann's Sub (51.0)) | |
Price: $759,000 low | high Med: $649,000 SqFt: 1,203 low | high Med: 768 $ / SqFt: $631 low | high Med: $845 On Site: 101 low | high Med: 63.000000 |