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$1,824,000

58080 Overseas Highway
Marathon, FL 33050
MLS# 606424
4 beds | 2 baths | 1260 sqft

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Property Description
This captivating Airbnb duplex offers an exceptional opportunity for relaxation, rental income, and coastal living at its finest. This duplex is a versatile rental with each unit individually licensed, allowing you the flexibility to rent them separately or together, maximizing income potential. This self-managed rental is being sold fully furnished, ensuring a seamless transition, minus a few personal items - truly a turnkey investment opportunity. Immerse yourself in beachfront paradise; this property comes complete with a host of amenities designed to provide endless enjoyment. Lounge in hammocks, explore the waters with provided kayaks, and gather around the firepit for unforgettable evenings. Imagine bonfires under the stars, accompanied by an array of games and billiards, making cherished memories with your loved ones. The entire house has been meticulously renovated, featuring impact windows, elegant tile floors, modern kitchens and baths that blend functionality with style. Upgraded air conditioning, including new duct work, ensures year-round comfort. The main house boasts three bedrooms and one bath, while the rear structure offers an efficient one-bedroom, one-bath layout. A unique feature of this property is ownership of two TBRs, opening doors for expansion or investment. You have the option to reconfigure the duplex into a single-family residence and potentially transfer the excess TBR to another lot -an asset that is appreciating in value as we speak. Inquire for details. Additionally, this exceptional offer includes a survey, elevation certificate, and an assumable flood insurance policy, adding to the convenience and peace of mind of ownership. Situated on the outskirts of Marathon, this property offers easy access from Miami-Dade and Broward counties, allowing you to journey from doorstep to doorstep in just two hours or less. The neighboring property is also for sale MLS#607976

Details

Maps

Contract Information

Current Price: $1,824,000

Listing Date: 2023-08-25

Listing Board: Marathon/Lower Keys

List Price: $1,824,000

As is Rght to Inspct: Yes

Potential Short Sale: No

Bank Owned: No

Species List: No

Location, Tax & Legal

Street #: 58080

Street Name: Overseas

Street Suffix: Highway

Key/Island: Marathon

State/Province: FL

Zip Code: 33050

Off Shore Island: No

County: Monroe

Subdivision: Crains Sub (58.0)

Mile Marker: 58

Area: 19 - Crawl Key & Grassy Key

Marathon Neighborhood: Grassy Key

Side: Ocean

Flood Zone: AE-10

Alternate Key #: 1454141

Parcel #: 00371050-000000

Zoning: RM - Residential Medium

Deed Restrictions: Unknown

Legal: CRAINS SUBD OF GRASSY KEY PB 1-51 PT SECS 24-25-26 TWP 65S R 33E PT LOT 12 AND PT LOT 13 SQR 36 G45

Taxes: 7412.34

Tax Year: 2022

Pub Sewer HkUp: Yes

General Property Description

Realtor.COM Type: Multi-family

Style: Duplex

Waterfront: Yes

Control Depth: 1

Pool: No

Year Built: 1962

Lot SqFt: 10950

Lot Sqft Source: Tax Records

Acres: 0.08

Living Apx SqFt: 1260

SqFt Source: Property Data Card

Total Bedrooms: 4

Full Baths: 2

Total Baths: 2

Rentals Allowed: With Restrictions

Min Rental Days: 7

Remarks & Misc

Remarks – Consumer: This captivating Airbnb duplex offers an exceptional opportunity for relaxation, rental income, and coastal living at its finest. This duplex is a versatile rental with each unit individually licensed, allowing you the flexibility to rent them separately or together, maximizing income potential. This self-managed rental is being sold fully furnished, ensuring a seamless transition, minus a few personal items - truly a turnkey investment opportunity. Immerse yourself in beachfront paradise; this property comes complete with a host of amenities designed to provide endless enjoyment. Lounge in hammocks, explore the waters with provided kayaks, and gather around the firepit for unforgettable evenings. Imagine bonfires under the stars, accompanied by an array of games and billiards, making cherished memories with your loved ones. The entire house has been meticulously renovated, featuring impact windows, elegant tile floors, modern kitchens and baths that blend functionality with style. Upgraded air conditioning, including new duct work, ensures year-round comfort. The main house boasts three bedrooms and one bath, while the rear structure offers an efficient one-bedroom, one-bath layout. A unique feature of this property is ownership of two TBRs, opening doors for expansion or investment. You have the option to reconfigure the duplex into a single-family residence and potentially transfer the excess TBR to another lot -an asset that is appreciating in value as we speak. Inquire for details. Additionally, this exceptional offer includes a survey, elevation certificate, and an assumable flood insurance policy, adding to the convenience and peace of mind of ownership. Situated on the outskirts of Marathon, this property offers easy access from Miami-Dade and Broward counties, allowing you to journey from doorstep to doorstep in just two hours or less. The neighboring property is also for sale MLS#607976

Directions: Traveling south on overseas highway property is located just past guava ave and grassy key flats in grassy key just before you get to Marathon on oceanside of the highway.

Status Change Info

Status: Active

Association Info

Mandatory Home Owners Asc: No

1st Right of Refusal: No

License Info

# of City License: 2

Transient Rntl Licns: Yes

Building Style

Above Flood: No

Stories: 1 Story

Vehicle Storage

Car(s): 4+

Financial Status

Auction: No

Bank Owned: No

Potential Short Sale: No

Standard Sale: Yes

Property Features

Fee Includes: None

Tax Exemptions: None

Waterfront: Oceanfront; Open Water

Waterview: Ocean View; Open Water View

Dockage: None

Property Condition: Updated/Remodeled

Building Style: Ground Level

Vehicle Storage: Guest Parking; Off Street Parking; Open Parking; Trailer Storage

Furnished: Furnished

Cooling: Ceiling Fans(s); Central Air

Porch/Balcony: Open Porch/Balcony; Patio

Utilities: Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter

Appliances: Dishwasher; Microwave; Oven; Range; Refrigerator

Exterior Features: Sandy Beach

Construction: CBS

Windows/Doors: Impact Rstnce Window

Floor: Tile

Roof: Metal Roof

Pets: Pets Allowed

Neighborhood Feature: Airstrip; Beach; Bike Paths; Community Boat Ramp

Land Size: 1/4 - 1/2 Acre

Listing Office: Coldwell Banker Schmitt Real Estate Co.

Last Updated: February - 18 - 2024

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The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.