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295 51st Street Gulf - 6-unit Multi-Family Commercial Property

6 Unit Apartment Building Offered at $2,200,000 in Marathon, FL 33050

Executive Summary

Exceptional 6-unit multi-family commercial property conveniently accessible from both 51st Street and 50th Street. This property offers unparalleled convenience and charm in the heart of Marathon. Comprised of three buildings surrounding a serene courtyard oasis complete with a sparkling pool, tiki bar, and grill. Boasting a total of five efficiencies and a separate two-bedroom, two-bathroom unit, making it an investor's dream. Each unit has undergone extensive remodeling, featuring tile floors, impact windows, AC systems, state-of-the-art appliances, cabinets, and quartz countertops. Ample off-street parking for over eight vehicles. Zoned MU Commercial with six TBRs (Building Rights), this property offers versatile opportunities for investors, whether for short-term rentals, long-term leasing, or commercial endeavors.CA/NDA and proof of funds or bank pre-approval is required.

Property Facts

Price $2,200,000
Price Per Unit $366,667
Sale Type Investment
No. Units 6
Property Type Multifamily
Apartment Style Low Rise
Lot Size 0.29 AC
Building Size 12,666 SF
No. Stories 1
Year Built 1953

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Tub/Shower
  • Quartz Countertops

Site Amenities

  • 24 Hour Access
  • Courtyard
  • Pool
  • Tenant Controlled HVAC
  • Grill
  • Smoke Detector
Bike Score ®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00325210-000000
Land Assessment
$359,461
Improvements Assessment
$552,830
Total Assessment
$912,291

zoning

Zoning Code MU (Mixed Use)
MU (Mixed Use)
  • Listing ID: 32186780

  • Date on Market: 6/19/2024

  • Last Updated:

  • Address: 295 51st Street Gulf, Marathon, FL 33050

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