295 51ST STREET GULF
MARATHON, FL 33050

$2,200,000

7 Beds

7 Baths

2,614 Sq Ft

Status Active

MLS# 609509

Exceptional 6-unit multi-family commercial property conveniently accessible from both 51st Street and 50th Street. This property offers unparalleled convenience and charm in the heart of Marathon. Comprised of three buildings surrounding a serene courtyard oasis complete with a sparkling pool, tiki bar, and grill. Boasting a total of five efficiencies and a separate two-bedroom, two-bathroom unit, making it an investor's dream. Each unit has undergone extensive remodeling, featuring tile floors, impact windows, AC systems, state-of-the-art appliances, cabinets, and quartz countertops. Ample off-street parking for over eight vehicles. Zoned MU Commercial with six TBRs (Building Rights), this property offers versatile opportunities for investors, whether for short-term rentals, long-term leasing, or commercial endeavors.CA/NDA and proof of funds or bank pre-approval is required.

Details for 295 51ST STREET GULF

Built in 1953

$842 / Sq Ft

8 parking spaces

Wall/Window Unit(s)

41 Days on website

Interior

Appliances

Dryer, Washer, Refrigerator, Range

Bathrooms Full

Bathrooms Total

Bedrooms Total

Flooring

Tile

Interior Features

Laundry Room, Smoke Alarms

Living Area

2,614 SqFt.

Hoa Features

Association Fee Includes

None

Building And Construction

Number Of Units Total

Property Sub Type

Multi Family

Property Type

Residential Income

Year Built

1953

Exterior And Lot

Flood Zone

Land Size

1/4 - 1/2 Acre

Parking Total

Side

Bay/Gulf

Vehicle Storage

Common Parking,off Street Parking,guest Parking

Waterview

No Waterview

Utilities

Cooling

Wall/Window Unit(s)

Area And Schools

City

Marathon

County Or Parish

Monroe

Subdivision Name

Woodburns Sub (49.5)

Financial Info

Bank Owned

Buyer Agency Compensation^*

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Potential Short Sale

Tax Annual Amount

$14,463.90

Tax Year

2023

Additional Info

Financial Status: Bank Owned

Financial Status: Potential Short Sale

Miscellaneous

Chickee Hut,pool,patio,fencing

Type of Listing

Exclusive R

Price per square foot and days on website are not provided values and are calculated by RE/MAX.

Listing Office

RE/MAX All Keys Real Estate, (305) 451-0060

Updated

4:00pm UTC- 5/20/2024

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than RE/MAX All Keys Real Estate are marked with the MLS logo and detailed information about them includes the name of the listing broker's office. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Marathon And Lower Keys Association Of Realtors. All Rights Reserved.