Home » Marathon » Overseas Highway Over Hwy, Marathon, FL 33050 | A11365153

Overseas Highway Over Hwy, Marathon, FL 33050 | For Sale

$489,000
Price has increased by $4,000

Property Highlights

Listing ID A11365153 Status of this Listing: Active For Sale Property Type Land Other Lot area 15,529 Sqft/1442.69 m2 approx. Waterfront Seller considers Owner Financing Has view of the Ocean Time of this property on Rebonus 516 Day(s)
16 Photos of this Property

Overseas Highway Over Hwy, Marathon, FL 33050

Property Description: Attention Developer/Investors. PRICE INCREASES as permitting progresses. Rare Opportunity to buy early as Permitting design process for this OCEANFRONT LOT is in progress which requires a rip rap wall at the water and approximately 1277 cubic yards of fill. See photos. An Application to be submitted to the DEP/ACOE for retaining walls and fill is in progress for a 10,000 sq. ft. lot. Best plan for development could be the use of a TBR from a comparable sender site. Flexible MU Zoning allows for a variety of uses including multi tenant development and transient lodging and other uses. Neighboring properties are expensive with a beautiful home on one side, Hotel on the other. Registered Survey, KEYWEP, plans in hand. Buyer confirm all information with government agencies. Owner/Agent.

Useful Info

Previous Asking Price:$499,000
Original List Price:$485,000

Land Lot (Parcel) Details

Number of Lots:1
Lot Size Acres:0.35
Lot Size Unit:Square Feet

Property Features

View from the Property:
  • Ocean
Waterfront:Yes
Waterfront Features:
  • Ocean Front
Frontage Length:60
Building Features:
  • Not Applicable
Property Entrance Faces:
  • Southeast

Taxes and Expenses

Tax Annual Amount:$1

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022

Terms

Disclosures:
  • Owner Is Listing Agent
Listing Terms Considered by Seller:
  • Cash
  • Owner May Carry (Owner Financing, The Seller may be interested in carrying the mortgage note)
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Subdivision Name:CRAINS SUBD
Senior Community:No
Development Status:
  • Raw Land

Parking

Covered Spaces:0

More Details

Other Information:
Water Access: Other
Flood Zone : VE
FEMA Flood Zone Designations: VE
Water Access Description:Other

Zoning and Legal

Tax Legal Description:CRAINS SUBD OF GRASSY KEY PB1-51 PT SECS 24-25-26 TWP 65S R 33E LOT 20 SQR 53 G50-421/422 OR840-2337 OR837-1083 OR1001-2183(CAW) OR1001-2184
Real Estate Folio Number (Parcel Number):00373860-000000
Zoning Description:SC
Public Survey Section:24

Listing History

Update/EventDate/Days
Published Date:April 3, 2023 7:58 pm
On Market Date:April 3, 2023
Price Change Date Time:October 20, 2023 5:29 am
Last Important Update Description:Price Change
Date and Time of Last Important Update:October 20, 2023 5:29 am
Status Last Changed:April 3, 2023 7:58 pm
Photos Last Modified:August 27, 2023 10:24 am
Last Modified:March 27, 2024 8:28 pm
Days on the Market Reference Date:March 27, 2024
Days on the Market (updated on Last Modified*):359
Cumulative Days on the Market (updated on Last Modified**):359

Additional Information

Number of Photos Count:16
Geographical Area:Other Geographic Area (Out Of Area Only)
Area:98 Florida Keys
Ref ID:1035301693
Automated Valuation Display:Yes
Courtesy of:Xcellence Realty
Universal Property Id:US-12087-N-00373860000000-R-N

Location

Show Property Address:Yes
Street Name:Over Hwy
Street Number:Overseas Highway
Street Address:Overseas Highway Over Hwy
City : Marathon
State : Florida
Zip Code : 33050
County : Monroe County
Full Address:Overseas Highway Over Hwy, Marathon, FL 33050
Latitude:N24° 44' 11''
Longitude:W82° 59' 26.6''

Neighborhood

Postal City:Marathon

Property Map