Description
Investor Opportunity in Marathon - Redevelopment Potential with Extra TBR Rare redevelopment opportunity in the heart of Marathon in the Florida Keys. This duplex property sits on a desirable lot and currently features two separate 1-bedroom, 1-bath units. The existing structure offers immediate rental potential or can serve as the foundation for a full redevelopment project. This property is being offered as an investor special and includes permitted plans for a new 4/3.5 residence(2400sqft), providing a clear path for redevelopment. In addition, the sale includes one extra Transferable Building Right (TBR), creating valuable flexibility for future construction or resale. Located in one of the most sought-after areas of the Florida Keys.
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2BEDS
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0.11ACRES
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2BATHS
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01/2 BATHS
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1,040SQFT
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$625$/SQFT
School Ratings & Info
Description
Investor Opportunity in Marathon - Redevelopment Potential with Extra TBR Rare redevelopment opportunity in the heart of Marathon in the Florida Keys. This duplex property sits on a desirable lot and currently features two separate 1-bedroom, 1-bath units. The existing structure offers immediate rental potential or can serve as the foundation for a full redevelopment project. This property is being offered as an investor special and includes permitted plans for a new 4/3.5 residence(2400sqft), providing a clear path for redevelopment. In addition, the sale includes one extra Transferable Building Right (TBR), creating valuable flexibility for future construction or resale. Located in one of the most sought-after areas of the Florida Keys.
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 Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.