10877 Overseas Highway , #56

Marathon, FL 33050
  • $174,500
  • STATUS: Active
  • ON SITE: 227 days
  • MLS #: 579995
UPDATED: 43 min ago
$174,500
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 1
    1/2 BATHS
  • 750
    SQFT
  • $233
    $/SQFT
Type:
Condo
Built:
1962
County:

School Ratings & Info

Description

CUSTOM CONDO REBUILD! Once in a lifetime investment opportunity at Ocean Isles Fishing Village. Condominium units substantially damaged from Hurricane Irma have been demolished and are poised for redevelopment. These original studio apartments are slated to be rebuilt as 2 story 1 bedroom, 1.5 bath elevated apartments totaling approximately 750 sq (375 sq feet per floor). Total estimated cost to rebuild each of the units is $140,000.00. Seller will assign any and all interest in and to insurance proceeds and FEMA funds in the approximate amount of $42,000,$7,250, respectively. These units include all of the amenities associated with the condominium association including, but not limited to, swimming pool, docks,& recreation center. Images are as-is, changes possible during build.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys Board of Realtors, Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Brenda Donnelly Group | Berkshire Hathaway HomeServices | Knight & Gardner Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.islandhomeskeywest.com/homes/83149584

10877 Overseas Highway , #56 Marathon, FL 33050

  • Price: $174,500
  • Status: Active
  • Updated: 43 min ago
  • MLS #: 579995
1
Beds
1
Baths
1
½ Baths
N/A
Acres
750
SQFT
$233
$/SQFT
1962
Built
Neighborhood:
Ocean Isles Fishing (52.5)
County:
Monroe
Area:
16 - Sombrero Bch Rd To Vaca Cut - Oceanside
Property Description
CUSTOM CONDO REBUILD! Once in a lifetime investment opportunity at Ocean Isles Fishing Village. Condominium units substantially damaged from Hurricane Irma have been demolished and are poised for redevelopment. These original studio apartments are slated to be rebuilt as 2 story 1 bedroom, 1.5 bath elevated apartments totaling approximately 750 sq (375 sq feet per floor). Total estimated cost to rebuild each of the units is $140,000.00. Seller will assign any and all interest in and to insurance proceeds and FEMA funds in the approximate amount of $42,000,$7,250, respectively. These units include all of the amenities associated with the condominium association including, but not limited to, swimming pool, docks,& recreation center. Images are as-is, changes possible during build.
Exterior Features

Above Flood No Construction Cbs Dockage First Come Dock Dockage Dock Wood Land Size Less Than 1/4 Acre Lot Size 0 Pool YN Yes Side Ocean Style Condo Waterfront Oceanfront Waterfront YN No Waterview No Waterview

Interior Features

Appliances No Appliances

Property Features

Assoc Hoa YN Yes Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City Marathon Control Depth 0 Deed Restrictions Yes Fee Includes Bldg Exterior MntBuilding InsuranceCableCommon Area MntExterminatingSewerWater Flood Zone AeAeAeVeVe Handicap Access No Listing Board Marathon/Lower Keys Mile Marker 52.50 Min Rental Days 7.00 Off Shore Island No Pets No Pets Allowed Potential Short Sale No Potential Short Sale Financial Status No Public Sewer Hookup Yes Rentals Allowed With Restrictions Species List No Sq Ft Source Property Data Card Tax Exemptions None Tax Year 2017 Taxes 998.14 Total Units 0.00 Utilities Buyer To VerifyCable AvailableFkaaMunicipal Sewer Zoning Rh - Residential High

Listing courtesy of Kathleen C Morgan of Century 21 Schwartz Realty Bpk.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys Board of Realtors, Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Brenda Donnelly Group | Berkshire Hathaway HomeServices | Knight & Gardner Realty are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
Brenda Donnelly Group | Berkshire Hathaway HomeServices | Knight & Gardner Realty
336 Duval Street
Key West FL, 33040