Price Change History: -23.08% ($450,000) 1 Price Change : Last Change 2 Days Ago
58234 Overseas Highway , FL - MARATHON
7 Beds, 6 Baths (full), Multi-Units
Unique 18,000 sq ft ocean front parcel with 5 units. Remember how the Key used to be? Parcel shares a boat ramp with adjacent parcel, owned bay bottom and 5 units recognized by the City of Marathon. The property contains a Triplex consisting of a 2/2 apt and two 1/1 apartments: a small cottage studio with 1 bath and a mobile home with 2 beds/1.5 baths. Triplex building sits directly on the Ocean and is currently undergoing spalling repairs. The property has been a vacation rental, but the vacation rental license is currently stopped while repairs are under way. Potential buyers have several options. The current density on RM zoning allows for two units should a prospective buyer wish to demolish the existing units, rebuild two units, and sell or retain the remaining 3 Transferable Building Rights. Letter of Determination is under the Documents Tab.
Listing Summary for 58234 Overseas Highway
Price:
$1,500,000
Bedrooms:
7
Bathrooms:
6
Half Baths:
1
Square Footage:
3,026
Lot Sq. Ft.:
n/a
Year Built:
1975
Property Type:
Multi-family
Sub-Type:
Multi-Units
MLS® #:
612603
Status:
Active
Address:
58234 Overseas Highway
City:
Marathon
State:
FL
Zip:
33050
County:
Monroe
Key:
Marathon
Side of Island:
Ocean
Community:
Crains Subdivision
Mile Marker:
58.00
Tax Year:
2023
Date Listed:
12-08-2024
Additional Information
Is Waterfront:
Yes
Waterfront Type:
Oceanfront,Open Water
View
Ocean View,Open Water View
Has Pool:
No
Pool Info:
n/a
Short Sale:
n/a
Foreclosure:
n/a
Pets:
Pets Allowed
Docakge Type:
Boat Ramp
Dockage Length:
n/a
Dockage Seawall:
n/a
Dockage Construction:
n/a
Security:
n/a
Building Construction:
CBS,Manufactured
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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 (612603) is provided courtesy of (Coldwell Banker Schmitt Real Estate Co.). Data last updated on 02-27-2025.
