10877 Overseas Highway , #57

    Marathon, FL 33050
    • $174,500
    • STATUS: Active
    • ON SITE: 196 days
    • MLS #: 579996
    Price Reduced
    UPDATED: 112 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

    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 two story one bedroom, one and a half bath elevated apartments totaling approximately 750 square (375 square 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 and $7,250, respectively. These units include all of the amenities associated with the condominium association including, but not limited to, swimming pool, docks, and recreation center.

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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 Key West Luxury Real Estate Inc are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
    www.keywestluxuryrealestateinc.com/homes/83149585

    10877 Overseas Highway , #57 Marathon, FL 33050

    • Price: $174,500
    • Status: Active
    • Updated: 112 min ago
    • MLS #: 579996
    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
    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 two story one bedroom, one and a half bath elevated apartments totaling approximately 750 square (375 square 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 and $7,250, respectively. These units include all of the amenities associated with the condominium association including, but not limited to, swimming pool, docks, and recreation center.
    Exterior Features

    Above Flood No Building Style Ground Level Construction Cbs Dockage Dock Wood Land Size Less Than 1/4 Acre Side Ocean Style Condo Waterfront Oceanfront Waterfront YN Yes Waterview Ocean View

    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 Condo Unit Complex Complex Control Depth 4 Deed Restrictions Yes Fee Includes Bldg Exterior MntBuilding InsuranceCableCommon Area MntExterminatingSewerWater Flood Zone AeAeAeVeVe Listing Board Marathon/Lower Keys Mile Marker 52.50 Pets No Pets Allowed Potential Short Sale No Potential Short Sale Financial Status No Public Sewer Hookup Yes Rentals Allowed With Restrictions 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 Key West Luxury Real Estate Inc are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
     
    Key West Luxury Real Estate Inc
    619 Eaton Street, #2
    Key West FL, 33040