3920 Louisa Street Marathon, FL 33050
4 bed / 3 bath / 3,220 Sq. Ft. / 10,019 Sq. Ft., 0.23 acres lot size / Multi-Family
Status: Sold
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Redevelopment opportunity with THREE building rights (a.k.a. ROGO's), and possibly a 4th on a 10,000 sq ft lot in area that is being revitalized. MU zoning allows a multitude of uses for this redevelopment opportunity. According to the MLS, a same sized lot in MU zoning with ZERO building rights recently closed in Marathon for $246K & a single building right just closed in a separate transaction for $200K. Do the math. Located Gulfside just off of US Hwy 1 & close to newly renovated Baptist Fisherman's Hospital, Marathon Community Park, Marathon Airport, plus marinas, schools & shopping. Building has been deemed unsafe by City of Marathon & must be demo'd by buyer. DO NOT attempt to enter building. Once demo'd, you will be starting with a clean slate. This is an estate sale, building & lot being sold As Is. There will be no repair & no clean up by sellers. Currently three ROGO's recognized & Seller working with City of Marathon to confirm 4th. Refer to link for zoning details: 'https://library.municode.com/search?stateId=9&clientId=12861&searchText=zoning '
property details
Type
Multi-Family
Status
Closed
County
Monroe
Year Built
1975
Beds
4
Full Baths
3
Sq. Ft.
3,220
Lot Size
10,019 Sq. Ft.
Listing Id
603170
Courtesy Of
Walt Lee III - Berkshire Hathaway Knight & Gardner +1 305 879 7355
List Office Phone
+1 (305) 294-5155
Subdivision
Marathon Beach (49.0)
Interior Features
Living Area Units
Sq. Ft.
Full Baths
3
Bathrooms Total
3
Exterior Features
Parking
Off Street
Stories
2
Utility & Building Info
Parcel Number
00337360-000000
Tax Amount
5586
Building Area Total
3,220 Sq. Ft.
Price Per Sq Ft
$248
Architectural Style
Other
Price History
| date | event | price | source |
|---|---|---|---|
|
07/14/2023
07/14/2023
|
Sold |
$675,000
|
Key West Association of Realtors |
|
06/14/2023
06/14/2023
|
Contingent |
$800,000
|
Key West Association of Realtors |
|
05/26/2023
05/26/2023
|
Active |
$800,000
|
Key West Association of Realtors |
|
12/27/2022
12/27/2022
|
Active |
$979,000
|
Key West Association of Realtors |
|
12/15/2022
12/15/2022
|
Contingent |
$979,000
|
Key West Association of Realtors |
|
11/21/2022
11/21/2022
|
Active |
$979,000
|
Key West Association of Realtors |
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Market Trends
Source: LiveBy
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