10833 2nd Avenue Gulf Avenue,MARATHON, FL 33050
MARATHON, FL 33050
Description
SELLER FINANCING AVAILABLE | TURNKEY INCOME TRIPLEX IN THE HEART OF MARATHON Welcome to a fully renovated, income-producing triplex in one of the Florida Keys' most sought-after markets. With three updated units generating consistent revenue in gross rental income, this is a rare turnkey opportunity for investors -- or a smart way for an owner-occupant to live for free while collecting rent from the other two units. The Property: Unit 1 -- 2BR/1BA, spacious layout, modern open-concept interior, currently leased Unit 2 -- 2BR/1BA, fully renovated, currently leased Unit 3 -- Efficiency unit with well-equipped kitchenette, ideal for a single tenant or short-term renter, currently leased All units are fully updated, tenants are on flexible month-to-month leases (ideal for a buyer who wants immediate cash flow with future flexibility), and ample on-site parking makes this property easy to manage. Prime Marathon location puts residents minutes from shops, restaurants, and everything the Middle Keys lifestyle has to offer. Bonus: A Letter of Determination with 3 rights is available, and the seller is offering financing with $500,000K down over a 5 year term at a competitive rate -- a major advantage in today's rate environment. Whether you're building a rental portfolio or looking for owner-occupied income property in the Keys, this triplex checks every box. Schedule your private showing today -- inventory like this doesn't last in Marathon.
Details
| MLS # | 620847 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 1959 |
| Days On Site | 21 |
| Listing Provided By | Coldwell Banker Schmitt Islamorada | Kristin Herold |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,111 |
| Zoning | RM - Residential Medium |
| Acreage | 0.10 |
| Water Front | None |
| Property View | No Waterview |
Taxes
| Property | 6477 |
|---|
Area Information
| State | FL |
|---|---|
| County | Monroe |
| City | MARATHON |
| Zip Code | 33050 |
| Area | 15 Sombrero Bch Rd to Vaca Cut Gulfside |
| Community Name | Key Colony Sub (53.0) |
| Listing VS Median (in Key Colony Sub (53.0)) | |
Price: $979,000 low | high Med: $1,249,500 sqft: 2,111 low | high Med: 1,317 $ / sqft: $464 low | high Med: $956 On site: 21 low | high Med: 239.5 | |
Market Activity 33050
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The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Key Colony Beach Realty, Inc. are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.
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Learn More About This Property
| State | FL |
|---|---|
| County | Monroe |
| City | MARATHON |
| Zip Code | 33050 |
| Area | 15 Sombrero Bch Rd to Vaca Cut Gulfside |
| Community Name | Key Colony Sub (53.0) |
| Listing VS Median (in Key Colony Sub (53.0)) | |
Price: $979,000 low | high Med: $1,249,500 sqft: 2,111 low | high Med: 1,317 $ / sqft: $464 low | high Med: $956 On site: 21 low | high Med: 239.5 | |
The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Key Colony Beach Realty are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.
