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$1,900,000
250 Gulf Unit 5, Marathon, FL 33050
0 Beds
0 Baths
n/a sqft

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Property located in the only opportunity zone in Monroe County. Tremendous tax benefits and incentives. Conditional use approval for fifteen-units; nine-affordable and five-market rate. Affordable allocations are expected before the end of 2020. Market rate allocations expected mid-2021. Property surrounded by water with cap rock. Plat map, aerial, site plan, survey, vegetation survey, conditional use approval, opportunity zone map and explanation of tax benefits on file under ''Documents''.
  • Price:
  • $1,900,000
  • Acreage:
  • 1.65
  • Listing ID #:
  • 586597
  • Street Address:
  • 250 Gulf Unit 5
  • City:
  • Marathon
  • State:
  • Florida
  • Postal Code:
  • 33050
  • County:
  • Monroe
  • Community:
  • 15 - Sombrero Bch Rd To Vaca Cut Gulfside
  • Subdivision:
  • Schmitt Sub (51.0)
  • Listing Status:
  • Active
  • Conforms To Zoning:
  • Mu - M - Mixed Use - Maritime
  • Federal Flood Zone:
  • Ae 8
  • Lot Size:
  • 1 Less Than 2 Acres
  • Lot Square Footage:
  • 71714.00
  • Total Number Of Lots:
  • 2.00
  • Days On Market:
  • 500
  • Terms:
  • Buyer Obtain Finance
  • Property Taxes:
  • $6,136
  • Tax Year:
  • 2018
  • Control Depth:
  • 4
  • Waterfront:
  • Yes
  • Waterfront Footage:
  • Canal Front
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Ocean Sotheby's International Realty (marathon)
  • KEYS

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