Search MLS
$725,000
Marathon, FL 33050
MLS# 585289
Status: Closed
5 beds | 5 baths | 2848 sqft
1 / 20
Property Description
100% occupancy, all new roof, impact windows, plumbing and interior remodel done in 2015, including sheetrock, doors, outlets switches, these units are in great shape, mansford style metal roof and impact windows to maximize windstorm credits, all new appliances in every unit, tile floors throughout with carpet in bedrooms, 1bed 1bath units with washer and dryer hookups in each unit, central a/c in each units, double-door refrigerators, granite countertops, tile bathrooms and fixtures. NO WATER INTRUSION DURING IRMA. Each unit is approx. 570 sf, all same layouts, This is affordable housing, close to all major shopping, home depot, Walgreens, Publix, Winn Dixie, restaurants, shops, McDonalds, Wendy's, all within walking distance, tenants have parking directly in front of their units,
Details
Contract Information
Current Price: $725,000
Listing Date: 2019-04-19
Listing Board: Marathon/Lower Keys
Sold Price: $725,000
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No
Location, Tax & Legal
Street #: 600
Street Name: 51St
Street Suffix: Street
Unit #: Units 1-5
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
Off Shore Island: No
County: Monroe
Subdivision: Woodburns Sub (49.5)
Mile Marker: 49.5
Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
Marathon Neighborhood: Old Town East (25th to Sombrero)
Side: Bay/Gulf
Flood Zone: AE 8
Alternate Key #: 9085166
Zoning: RL - Residential Low
Deed Restrictions: Affordable Housing
Legal: UNIT 1 - 5 PELICAN POND CONDOMINIUM
Taxes: 8079.56
Tax Year: 2017
Pub Sewer HkUp: Yes
General Property Description
Realtor.COM Type: Multi-family
Style: Multi-Units
Waterfront: No
Pool: No
Year Built: 1974
Total Units: 5
Lot SqFt: 12666
Living Apx SqFt: 2848
SqFt Source: Property Data Card
Total Bedrooms: 5
Full Baths: 5
Total Baths: 5
Rentals Allowed: Yes
Min Rental Days: 181
Remarks & Misc
Remarks – Consumer: 100% occupancy, all new roof, impact windows, plumbing and interior remodel done in 2015, including sheetrock, doors, outlets switches, these units are in great shape, mansford style metal roof and impact windows to maximize windstorm credits, all new appliances in every unit, tile floors throughout with carpet in bedrooms, 1bed 1bath units with washer and dryer hookups in each unit, central a/c in each units, double-door refrigerators, granite countertops, tile bathrooms and fixtures. NO WATER INTRUSION DURING IRMA. Each unit is approx. 570 sf, all same layouts, This is affordable housing, close to all major shopping, home depot, Walgreens, Publix, Winn Dixie, restaurants, shops, McDonalds, Wendy's, all within walking distance, tenants have parking directly in front of their units,
Directions: Turn gulfside onto 51St Street right beside Wendy's. Property is on your right just past Wendys
Status Change Info
Sold Date: 2019-08-15
Sold Price: $725,000
Status: Closed
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Building Style
Above Flood: No
Financial Status
Auction: No
Bank Owned: No
Potential Short Sale: No
Standard Sale: Yes
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: None
Waterview: No Waterview
Dockage: None
Property Condition: Updated/Remodeled
Building Style: Ground Level
Vehicle Storage: Off Street Parking; Open Parking
Furnished: Unfurnished
Cooling: Ceiling Fans(s); Central Air
Porch/Balcony: Open Porch/Balcony
Utilities: Elect Separate Meter; FKAA; Municipal Sewer
Appliances: Oven; Range; Refrigerator
Construction: CBS
Windows/Doors: Impact Rstnce Window
Shutters: Other
Floor: Tile
Roof: Metal Roof
Pets: No Pets Allowed
Neighborhood Feature: Airstrip; Beach; Community Boat Ramp
Land Size: 1/4 - 1/2 Acre
Title: Title Ins - Buyer
Supplements
and each unit has an approx.,16x10 porch on front totaling approx. 160 sf, this place is very tenant friendly, hence the 100% occupancy, call for rental details, annual gross rent is 84k.
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: May - 15 - 2020
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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.