250 Gulf Terrace

Marathon, FL 33050
  • $1,800,000
  • STATUS: Active
  • ON SITE: 252 days
  • MLS #: 586597
UPDATED: 156 min ago
$1,800,000
  • 0
    BEDS
  • 1.65
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

Property located in the only opportunity zone in Monroe County. Tremendous tax benefits and incentives. Conditional use approval for fifteen-units; nine-affordable and six-market rate. Affordable allocations are expected early 2020. Market rate allocations expected mid-2020. Property surrounded by water with cap rock. Plat map, aerial, site plan, survey, vegetation survey, conditional use approval, opportunity zone map and explanation of tax benefits on file under ''Documents''.

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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 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/97145010

250 Gulf Terrace Marathon, FL 33050

  • Price: $1,800,000
  • Status: Active
  • Updated: 156 min ago
  • MLS #: 586597
0
Beds
0
Baths
0
½ Baths
1.65
Acres
Neighborhood:
Schmitt Sub (51.0)
County:
Monroe
Area:
15 - Sombrero Bch Rd To Vaca Cut Gulfside
Property Description
Property located in the only opportunity zone in Monroe County. Tremendous tax benefits and incentives. Conditional use approval for fifteen-units; nine-affordable and six-market rate. Affordable allocations are expected early 2020. Market rate allocations expected mid-2020. Property surrounded by water with cap rock. Plat map, aerial, site plan, survey, vegetation survey, conditional use approval, opportunity zone map and explanation of tax benefits on file under ''Documents''.
Exterior Features

Dockage Seawall Cut/Natural Land Size 1 Less Than 2 Acres Lot Dimensions Irregular Side Bay/Gulf Vegetation Survey Yes Waterfront Canal Front Waterfront YN Yes Waterview Canal View

Property Features

Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City Marathon Control Depth 4 Deed Restrictions Yes Flood Zone Ae 8 Key West Neighborhood Outside Of Key West Listing Board Marathon/Lower Keys Mile Marker 51.00 Mobile Home Lot No Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Species List No Survey Available Yes Tax Exemptions None Tax Year 2018 Taxes 6136.00 Terms Buyer Obtain Finance Title Title Ins - Buyer Total Lots 2.00 Zoning Mu - M - Mixed Use - Maritime

Listing courtesy of Steve Smith, P.A. of Ocean Sotheby's International Realty (Marathon).


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the 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