3920 Louisa Street , FL - MARATHON
4 Beds, 3 Baths (full), Multi-Units
Redevelopment opportunity with THREE building rights (a.k.a. ROGOs), and possibly a 4th on a 10,000 sq ft lot in area that is being revitalized. MU zoning allows a multitude of uses for this redevelopment opportunity. According to the MLS, a same sized lot in MU zoning with ZERO building rights recently closed in Marathon for $246K & a single building right just closed in a separate transaction for $200K. Do the math. Located Gulfside just off of US Hwy 1 & close to newly renovated Baptist Fishermans Hospital, Marathon Community Park, Marathon Airport, plus marinas, schools & shopping. Building has been deemed unsafe by City of Marathon & must be demod by buyer. DO NOT attempt to enter building. Once demod, you will be starting with a clean slate. This is an estate sale, building & lot being sold As Is. There will be no repair & no clean up by sellers. Currently three ROGOs recognized & Seller working with City of Marathon to confirm 4th. Refer to link for zoning details: https://library.municode.com/search?stateId=9&clientId=12861&searchText=zoning
Listing Summary for 3920 Louisa Street
Price:
$675,000
Bedrooms:
4
Bathrooms:
3
Half Baths:
n/a
Square Footage:
3,220
Lot Sq. Ft.:
n/a
Year Built:
1975
Property Type:
Multi-family
Sub-Type:
Multi-Units
MLS® #:
603170
Status:
Closed
Address:
3920 Louisa Street
City:
Marathon
State:
FL
Zip:
33050
County:
Monroe
Key:
Marathon
Side of Island:
Bay/Gulf
Community:
Marathon Beach
Mile Marker:
49.00
Tax Year:
2022
Date Listed:
11-20-2022
Additional Information
Is Waterfront:
No
Waterfront Type:
None
View
No Waterview
Has Pool:
No
Pool Info:
n/a
Short Sale:
No
Foreclosure:
No
Pets:
Pets Allowed
Docakge Type:
None
Dockage Length:
n/a
Dockage Seawall:
n/a
Dockage Construction:
n/a
Security:
n/a
Building Construction:
Concrete
Similar Listings For Sale to 3920 Louisa Street
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 (603170) is provided courtesy of (Berkshire Hathaway Knight & Gardner). Data last updated on 05-11-2025.
