$1,900,000

250 Gulf Terrace

Marathon FL, 33050

Description

Property located in the only opportunity zone in Monroe County. Tremendous tax benefits and incentives. Conditional use approval for fourteen-units; nine-affordable and five-market rate. Affordable allocations have been issued. Market rate allocations expected mid-2021. Property surrounded by water with cap rock. Plat map, aerial, site plan, survey, vegetation survey, conditional use approval, opportunity zone map and explanation of tax benefits on file under ''Documents''.

Details

MLS#586597
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site585

Features

ZoningMU - M - Mixed Use - Maritime
Acreage1.65
Water FrontCanal Front
Property ViewYes

Market Activity 33050

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Area Information
StateFL
CountyMonroe
CityMarathon
Zip Code33050
AreaMiddle Keys
Listing VS Median (in 33050)
Price:
$1,900,000
low | high
Med:
$449,000
100% of Average
On Site:
585
low | high
Med:
20
100% of Average
Listing Updated: February 25, 2021 8:09:09 PM PST
Steve Smith, P.A. LogoMLS Number: 586597
Listing Provided By:
Steve Smith, P.A.  of  Ocean Sothebys International Realty (Marathon)
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.