Renovated duplex. Great for affordable or employee housing or live in one side and rent out the other one. 2 bedrooms and 2 baths on the left side and 2 bedrooms and 1 bath on the right side. Make this your permanent or retirement home in the Florida Keys. Lots of room to park cars and a boat or RV. Walking distance to dining and shopping.
Triplex in the heart of Marathon. Configured as 3/1, 1/1, and studio apartment. Great income property fully occupied. On 10,000 sf lot with large storage in back. Great quiet neighborhood close to the ocean.
Located in the highly coveted Knights Key neighborhood, this stunning stilted FULL duplex presents an incredible opportunity for a family vacation retreat, investment property, or both! Ideally situated on a 9,200 square foot lot just minutes from the iconic 7 Mile Bridge and the beloved Sunset Grill, this home places you at the heart of all that Marathon has to offer. Each side of this well-maintained duplex boasts two spacious bedrooms, two bathrooms, and a versatile loft area--perfect as a third sleeping space, office, or extra storage. The new composite decking extends your living space outdoors, providing the perfect setting for enjoying the tropical breeze. Plus, with recently replaced A/C units and fresh exterior paint, you can enjoy comfort and peace of mind year-round. Designed for both functionality and breathtaking views, the homes elevated construction with solid concrete stilts enhances durability while maximizing the coastal lifestyle. Whether you choose to live in one unit and rent the other or capitalize on the rental income from both, this property offers endless possibilities in one of Marathons most desirable waterfront communities.
Own a peace of paradise in the middle of the Florida Keys close to Sombrero Beach area. Home is right on a walking and lit bike path that leads right to Sombrero Beach. Enjoy lazy days in the hot tub and hammock while watching the sunset or jump into your boat right out of the dock just steps away from the home.This home has all impact windows and doors, jacuzzi, gazebo, bbq area, as well as a hammock. Fully renovated kitchens, bathrooms, fully furnished, as well as fully equipped kitchens. 50ft concrete dock with a deep water canal that takes approximately 15-20 minutes to reach open water.Great investment opportunity, both units are currently vacation licensed and ready to enjoy as well as rent out to vacationers looking to get away. This property has everything you need and more. This is a unique investment opportunity that rarely go up for sale, not many of them around.
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.
Amazing Income Property Opportunity in Marathon, FL! Dont miss out on this incredible chance to own a stunning waterfront property that offers the best of both worlds--breathtaking ocean and bay views! Duplex featuring two units of 2 bed/ 2 bath each. Featuring 80 feet of deeded dock access, making it perfect for boating enthusiasts and anyone who dreams of life on the water. Private, heated pool & spa. A must-see to truly appreciate its beauty and potential. Whether youre looking for a personal retreat or an investment opportunity, this property will not last long on the market! Dont let it pass you by! Also features an enclosed 2/1 ofc/storage/cabana space. Bonus: Upon purchase, the buyer will instantly receive 3 months of rental income--making this an unbeatable investment opportunity!
Endless potential with this income producing 3-Story Concrete construction TRI-PLEX home with 4 bedrooms and 5 bathrooms offering ample space for large groups or multiple families. The independent guest suites are located on each floor with a private balcony! Boating enthusiasts will enjoy this deep water protected dockage in Boot Key Harbor with 4 Boat Slips including water and electric (110/30/50) at each slip! Spacious ROOF TOP deck offers a 360 view of incredible sunsets and endless stargazing! Call today for details and a tour of this Gem in the heart of Marathon! More photos coming soon.
A unique investment gem optimally positioned in the heart of the Florida Keys. This four-unit apartment building presents a fantastic opportunity for investors or business owners seeking employee housing solutions. Each of the four apartments in this building offers a comfortable living space with two bedrooms and one bathroom. Long-term tenants are currently in place. The separate metering of electricity for each unit is a thoughtful touch, allowing tenants to manage and pay for their own usage, which is a benefit for both the landlord and the tenants alike. Parking is often at a premium in the Keys, but not at this property. There is ample on-site parking available, ensuring that residents and their guests have convenient and secure places to park their vehicles. This is a significant advantage in the region and adds to the attractiveness of the property for prospective tenants. Additionally, the presence of a laundry room out back offers an added layer of convenience for residents. This shared facility means that tenants do not need to leave the comfort of their complex for laundry services, adding to the appeal of the apartments. For local business owners, this property represents a strategic investment in the future of their enterprise. With the challenge of securing affordable housing being a key factor in employee retention, owning this apartment building could be a decisive move to ensure the stability and longevity of your workforce. New owner can apply for affordable housing units and if awarded by the city would be able sell the 4 market rates off which are currently going for approx. 200k each. Inquire for details. By providing your employees with a comfortable and convenient place to live, you can foster loyalty and reduce the turnover that often plagues businesses in high-demand living areas. In summary this investment offers a rare blend of steady income potential and strategic benefits for business owners.
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 is 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 three-bedroom, two-bathroom residence. The second building is designed as a duplex with two efficiency studio units, each with its own bathroom. This property has 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.
Rare Oceanfront Duplex Opportunity in Sombrero Beach Area!Located just a short walk to Sombrero Beach, this oceanfront duplex offers 75 feet of shoreline and incredible potential in one of Marathons most sought-after neighborhoods.The property features a 2 bed / 2 bath unit upstairs and a 2 bed / 1 bath unit downstairs, making it an ideal fixer-upper for those ready to create their dream coastal retreat.This property sits in an AE-10 flood zone, offering favorable elevation for insurance and renovation planning. Whether you choose to restore the existing structure, split the lot and build two new homes, or build one home and transfer the building right to another site, the possibilities are wide open.With ocean access, proximity to the beach, and so much potential, this is a rare find you dont want to miss.Endless potential, unbeatable location, and a solid investment in the heart of the Keys.
Seller financing available! This is a rare opportunity to own a large piece of open water property in Boot Key Harbor with incredible flexibility. The seller is open to creative terms, making this ideal for someone looking to build a family compound, create a private retreat, or develop multiple homes.Over 500 feet of deep water dockage available with plans in place and building rights included. No waiting--just bring your vision. Located near some of the best boating, dining, and protection in the Middle Keys.Lets talk about how to make this work for you. Seller is motivated and ready to deal.
Welcome to an unparalleled collection of THREE designer residences on one of the most exclusive waterfront parcels in the Florida Keys. Located just steps from Coco Plum Beach and the Atlantic Ocean, this rare investment opportunity is the ultimate blend of luxury, lifestyle, and income potential.Professional Designed and built by DAsign Source in 2019, each residence is a testament to timeless architecture, sophisticated interiors, and exceptional craftsmanship.Each of the three homes spans off 4,066 square feet and features 6 spacious bedrooms and 6.5 bathrooms with custom millwork and designer fixtures. The interiors are professionally furnished with a curated blend of comfort and elegance, complemented by expansive ceiling heights, open-concept living areas and balconies throughout. Designed with privacy in mind, each home includes its own private pool, tiki hut, and a dock offering deepwater and direct ocean access.Impact windows and doors provide storm security and peace of mind, while each home offers three (3) air conditioning units to ensures optimal climate control on each level. Boating an abundance of storage on each level, an oversized laundry room, walk in pantry and en- suite accompanying each room. Whether you envision a serene family compound, a luxury short-term rental business, or an exclusive corporate retreat, this property offers incredible versatility and value.Zoned for weekly rentals, the income potential is substantial, making this one of the most attractive investment opportunities in the Florida Keys. With seller financing available up to 50% of the purchase price, acquiring this rare trophy property is as strategic as it is luxurious.ALSO AVAILABLE TO PURCHASE INDIVIDUALLY (See MLS #615435, 615436, 615437)