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58080 & 58090 Overseas Highway, Marathon, FL 33050

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For Sale

$4,063,000

7 beds5 baths2,860 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Townhouse
    Property type

  • 1962
    Year built

  • $1,420.63
    Price per square foot

Explore this Property

Presenting a unique Oceanfront Multi-Family Property with Endless Possibilities. This oceanfront gem combines two properties to create a stunning five-plex, boasting a total of 7 bedrooms and 5 bathrooms. This multi-family compound is beach front, providing unobstructed, panoramic ocean views. There is a multi-family triplex with three separate legal units, a modern single-family home on stilts and a fully renovated duplex. All units currently rented, offering immediate income potential. The ground level duplex operates as a successful Airbnb, with each unit licensed for individual or combined rental. A long-term tenant occupies the single-family home. The other duplex is completely renovated with robust CBS construction on stilts. Each unit offers a 1 bedroom, 1 bathroom layout, meticulously maintained with modern finishes. Duplex benefits from an assumable flood policy for cost savings. Sold fully furnished (excluding personal items) for a seamless turnkey investment. The Single-Family Home is brand new CBS construction on stilts, featuring a metal roof and impact doors and windows. Granite countertops and stainless steel appliances. Both properties offer upgraded AC systems with new ductwork for optimal comfort. The ground level duplex features three bedrooms and one bath, with an additional one-bedroom, one-bath unit in the rear structure. Elevation certificate, survey, and assumable flood insurance policy included. There are 5 market rate building rights in total on this property if someone wanted to combine units and transfer a right to another property. Easy access from Miami-Dade and Broward counties, with travel time under two hours. This unique offering presents endless possibilities, whether you aim to continue the profitable vacation rental business, create an exclusive staff compound, or re-imagine the structures to fit your vision. View these listings individually at MLS#607976 & MLS#606424
MLS# 608154

Courtesy Of Coldwell Banker Schmitt Real Estate Co.

(305) 743-5181

Property Features

  • Basement
    None
  • Lot Size
    0.15 Acres
  • Style
    Other Style

Home seller CENTURY 21 Circle

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

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