Vacant Land 89th Street
$899,000
6,440 / 0.15
Description
Waterfront lot is cleared and ready for construction, complete with Transferable Building Rights (TBR), house plans, and dock plans. Located on the picturesque 89th Street in Marathon, Florida, this waterfront lot spans 6,440 square feet and measures 70 feet wide by 92 feet deep. Boasting 70 feet of prime water frontage and a 45-foot-wide canal that leads directly to open water, this property offers a 4-foot control depth, ensuring easy water access. As soon as you reach the end of the canal, you...Waterfront lot is cleared and ready for construction, complete with Transferable Building Rights (TBR), house plans, and dock plans. Located on the picturesque 89th Street in Marathon, Florida, this waterfront lot spans 6,440 square feet and measures 70 feet wide by 92 feet deep. Boasting 70 feet of prime water frontage and a 45-foot-wide canal that leads directly to open water, this property offers a 4-foot control depth, ensuring easy water access. As soon as you reach the end of the canal, you can plane out effortlessly. Weekly rentals are permitted, making this an ideal investment for generating rental income. Imagine building your dream home with a customizable layout, ample storage options, and your choice of colors and materials. New construction offers numerous advantages, including easier maintenance, cheaper insurance, and no worries about illegal enclosures. This property presents a significant equity potential, providing a profitable margin for flippers and better numbers for vacation rentals. You can build to withstand 180 MPH winds, above flood levels, and without the need for shutters. Additionally, solar programs are available for those interested in off-grid living. Investing in this property not only offers a substantial profit margin but also provides a valuable learning experience for future real estate ventures. Don't miss this rare opportunity to own a prime piece of waterfront property in Marathon, Florida. Contact us today to learn more and start building your dream home or investment property!
- Listed by Samuel Davis Williams • Coldwell Banker Schmitt Real Estate Co.
Property Details for Vacant Land 89th Street
Waterfront
Yes
WaterfrontCanal Front
ZoningRM - Residential Medium
SubdivisionGulfstream Shore (Marathon) (52.0)
DirectionsUS1 turn oceanside down 89th st in Marathon and lot is a few parcels down on left hand side.
LISTING UPDATED: 09/08/2024 09:37 PM
Property Details for Vacant Land 89th Street
Status | Active |
---|---|
MLS # | 610843 |
Days on Market | 152 |
Taxes | $1,710 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Vacant Land |
Year Built | - |
Lot Size | 0.15 AC |
County | Monroe County |
Building Information for Vacant Land 89th Street
Lot Size0.15 AC
Property Information for Vacant Land 89th Street
Property History for Vacant Land 89th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near Vacant Land 89th Street
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 | ||
Treasure Village Montessori Charter School CharterPK to 8 |
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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