574 & 576 99th St, Marathon, FL 33050

$1,300,000
4
BD
4
BA
1,854
SqFt

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List Price
$1,300,000
Price Change
▼ $100,000 1780977741
MLS#
619866
Status
ACTIVE
Island
Marathon
County
Monroe
City
Marathon
Area
Sombrero Bch Rd to Vaca Cut - Oceanside
Subdivision
Coral Colony (52.0)
Neighborhood
16 - Sombrero Bch Rd to Vaca Cut - Oceanside
Bedrooms
4
Bathrooms
4
Living Area
1,854
Year Built
1959
Days on Market
76

Property Description

Beautifully renovated and fully turnkey duplex located on a deep-water canal in the heart of Marathon. This rare income-producing property features two spacious 2BD/2BA units, each offering approximately 927 sq. ft. of updated coastal living with impact windows and doors, granite countertops, stainless steel appliances, tile flooring throughout, and covered parking. Renovated in 2018, the property blends modern finishes with the relaxed Florida Keys boating lifestyle. A true boater's dream, each side offers its own 30' concrete dock and seawall (60' total) complete with 30-amp shore power. Enjoy quick ocean access and easy Gulf access via Vaca Cut, making this an exceptional setup for anglers and boating enthusiasts alike. The waterside outdoor spaces are designed for entertaining and enjoying the Keys lifestyle, featuring string lighting, solar-lit dock pilings, under-dock fish lights that attract snapper and tarpon, and frequent manatee visits along the canal. Located directly adjacent to Oceanfront Park & Dog Park, owners and guests enjoy immediate access to one of Marathon's premier waterfront parks offering a dog park, kayak launch, open green space, waterfront walking areas, playgrounds, and frequent community events. Conveniently located near Sombrero Beach, shopping, dining, and Florida Keys Marathon International Airport. Currently tenant occupied with both units rented month-to-month. This property also has strong vacation rental potential. Ideal opportunity to live in one side while renting the other, or maximize income potential with a fully turnkey investment property in one of the Florida Keys' most desirable boating communities. Current Insurances are very reasonable: $3,841 Flood (Covers both sides) 576 - $4,303 Wind 574 - $4,129 Wind 576 - $860 HO/Liability 574 - $721 HO/Liabilty (Pictures are of 576 99th, 574 is the same layout/finishes. Access can be arranged)

Additional Information

Taxes
$6,476
Interior Features
Granite Counters
Furnished
Furnished
Appliances
Washer, Dishwasher, Refrigerator, Range, Microwave, Disposal, Stainless Steel Appliance(s)
Roof
Other
Property Condition
Updated/Remodeled
Waterfront
Yes
Control Depth
4
Zoning
RH - Residential High
Terms
Cash, Conventional, FHA

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Listing Courtesy Of Seafarer Realty LLC, Contact: