Sold
2264 Overseas Highway
Marathon FL, 33050
$8,650,000
$3,754.34 per sqft
Sold
32 Beds
24 Baths
2,304 sqft
Commercial
Built in 1953
Built in 2018, turnkey waterfront development comprised of eight single family houses currently licensed as weekly vacation rentals, each with four bedrooms and three full bathrooms, built to current windstorm standards. Each home is designed for guests to enjoy their own private pool, laundry, outdoor grill area, covered parking and balconies. Excellent rental history and future bookings with tremendous growth opportunity. This vacation rental compound was built to maximize income and minimize overhead. Guests can enjoy the community beach, kayak launch, docks, tiki hut, fish cleaning station, plus nearby amenities including tons of local dining options, two popular beaches, two major marinas and Marathon Airport. This property is only one hour from the Key West airport and 2.5 hours from the Miami airport. Monthly rental rates currently average $12,400/mo for each unit 1-5 and $16,500/mo for each unit 6-8.
598993
MLSⓇ ID
January 1, 2022
Listed
May 9, 2024
Updated
Map
2264 Overseas Highway
Marathon FL, 33050
Interior Features
Bedrooms
32
Total Bathrooms
24
Full Bathrooms
24
Interior Features
Drapes/Blinds Incl, Window Treatments, Smoke Alarms, Laundry Room, Furnished, Impact Rstnce Doors, Impact Rstnce Window
Appliances
Dishwasher, Washer, Refrigerator, Range, Dryer, Disposal
Floor Description
Tile
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fans(s), Heat Pump
Heating
No
Exterior/Building Features
Lot Size
1.38 Acres
Lot Features
2 Less Than 5 Acres
Roof
Metal Roof
Other Property Details
Area Name
13 - 7 Mile Bridge to Sombrero Bch Rd E & W
Taxes
$35,752
Tax Frequency
Annually
Days on Market
47
Association Amenities
None
Garage
No
Parking
Carport, Covered Parking
View
Yes
View Description
Bay/Gulf View, Open Water View
County
Monroe
Pool
No
Waterfront
Yes
Zoning
MU - Mixed Use Commercial Mixed Use
Listed by Alexia Alexia Mann with Seafarer Realty LLC
Listing Contact:
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Data last updated on 5/9/2024 at 11:15 AM UTC