625 73rd Street, Unit AB

Marathon, FL 33050

$759,000
Price
4
Beds
3
Baths
1,203 Sq. Ft.
$631 / Sq. Ft.
1,203
Sq. Ft.
$631
per Sq. Ft.

Description

Seller will consider all offers! Don't miss this opportunity with a variety of potential uses. Currently this duplex has two units that are rented which includes two transferrable building rights. Opt. 1: Use as-is. Opt. 2: Transition to a single family and sell off the 2nd building right for approx. value $200k net. Opt 3: Apply to the city for two affordable building rights and deed restrict the duplex for affordable housing then move off both transferrable building rights (approx. value $400k...Seller will consider all offers! Don't miss this opportunity with a variety of potential uses. Currently this duplex has two units that are rented which includes two transferrable building rights. Opt. 1: Use as-is. Opt. 2: Transition to a single family and sell off the 2nd building right for approx. value $200k net. Opt 3: Apply to the city for two affordable building rights and deed restrict the duplex for affordable housing then move off both transferrable building rights (approx. value $400k net). Opt. 4: Could be a combination of the above. So many options here to discuss so let's see what works best for you!
  1. Listed by Gidget Jackson • Re/Max Realty Group LLC

Property Details for 625 73rd Street, Unit AB

Waterfront
None
Waterfront
No
Zoning
RH - Residential High
Subdivision
Reimann's Sub (51.0)
Directions
US 1 / Overseas Hwy to 73rd st Ocean. The duplex is about half way down on the right.
Building Style
Ground Level
Vehicle Storage
Off Street Parking
Pets
Pets Allowed
LISTING UPDATED: 12/20/2024 02:48 PM

Property Details for 625 73rd Street, Unit AB

StatusActive
MLS #611845
Days on Market67
Taxes$6,797 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential / Duplex
Year Built1958
Lot Size0.21 AC / 9,000 SF
CountyMonroe County

Building Information for 625 73rd Street, Unit AB

Stories-Residences-Year Built1958Building Size-Lot Size0.21 AC / 9,000 SF

Property Information for 625 73rd Street, Unit AB

Summary
Location and General Information
  • Waterview: No Waterview
  • Area: 16 - Sombrero Bch Rd to Vaca Cut - Oceanside
  • Absolute Longitude: 81.062052
  • Control Depth: 0
  • Listing Board: Key West Association
  • Side: Ocean
  • Mile Marker: 51.0
  • Marathon Neighborhood: Airport - Ocean (72nd to 106th)
  • Key/Island: Marathon
Owner
  • Owner Name: Tri-Star Affordable Development Llc
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: No
  • Association Info: 1st Right of Refusal: No
  • Fee Includes: None
  • Furnished: Unfurnished
  • Tax Year: 2023
  • Tax Exemptions: None
Property
Lot Information
  • Lot Size: 75x120
  • Acres: 0.21
  • Parcel #: 00342080-000000
  • Land Size: Less Than 1/4 Acre
Property and Assessments
  • Legal: LT 7 REIMANNS SUB PB2-145 KEY VACA PT SW1/4 OF SW1/4 SEC 1 AND PT GOV LOT 1 SEC-12 TWP-66S RNG-32E OR406-425-426 OR446-7
  • MLS Approved: Y
  • Limited Representation: No
  • SqFt Source: Property Data Card
  • Flood Zone: AE,AE
  • Rentals Allowed: Yes
  • Deed Restrictions: No
  • Picture Count: 23
  • Document Count: 0
  • Building Style: Above Flood: Unknown
Utilities
  • Utilities: FKAA, Cable Available, Sewer Available
  • Pub Sewer HkUp: Yes
  • Pool: No
Interior and Exterior Features
Interior Features
  • Appliances: No Appliances
Exterior Features
  • Construction: CBS
  • Dockage: None

Property History for 625 73rd Street, Unit AB

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 625 73rd Street, Unit AB

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Charter - PK to 5
Charter - PK to 8
Rating
School
Distance
Stanley Switlik Elementary School
PublicPK to 5

Marathon School
Public6 to 12

Big Pine Academy
CharterPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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625 73rd Street, Unit AB is a multi-family home for sale in Marathon, FL 33050. This property was listed for sale on October 15, 2024 by Re/Max Realty Group LLC, it's currently listed at $759,000. This listing's school district is Monroe. Nearby schools include Stanley Switlik Elementary School, Marathon School and Big Pine Academy. 625 73rd Street, Unit AB is a 4-bed, 3-bath, 1,203 sqft multi-family home built in 1958.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Re/Max Realty Group LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.