$1,095,000

705 Sombrero Beach Road #a, B, C, D

Marathon FL, 33050

Description

Waterfront Four-plex across from Sombrero Beach! So much to appreciate about this income producing property including its ideal location, the large 19,000 sq. ft. lot, 60 ft. composite dock, above flood design, metal roof, peak-a-boo ocean views plus 4 fully functional & occupied units. The 1st floor unit is a spacious 2BD/2BA with patio deck. The 2nd floor houses TWO 1BD/1BA units w/ water views & private decks. The top floor/pent house unit is a 2BD/1 BA w/ beautiful canal views & private deck. All of the units have new efficient mini spilt A/C's, accordion shutters and access to the 8 x 20 shed. Options galore w/ 4 market rate building rights, redevelop into 1 or 2 homes, sell the remaining rights especially desirable come 2023, rent weekly or just continue earning passive income!

Details

MLS#591141
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusContingent
Year1988
Days On Site114

Features

Bed(s)6
Bath(s)5 Full
SQ Feet3,008
Story(s)3 Stories
Acreage0.44
Water FrontCanal Front
Property ViewYes

Market Activity 33050

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Area Information
StateFL
CountyMonroe
CityMarathon
Zip Code33050
AreaMiddle Keys
Community NameSombrero Sub (49.5)
Listing VS Median (in Sombrero Sub (49.5))
Price:
$1,095,000
low | high
Med:
$499,000
100% of Average
SqFt:
3,008
low | high
Med:
1,504
100% of Average
$ / SqFt:
$364
low | high
Med:
$332
58.858447488584% of Average
On Site:
114
low | high
Med:
231
49.350649350649% of Average
Listing Updated: 09/27/2020
David Grego LogoMLS Number: 591141
Listing Provided By:
David Grego  of  Island Breeze Realty LLC