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250 Gulf Terrace, MARATHON, FL

$1,800,000 - $1.8M Price - 71,714 Sqft - 138 DOM

Property located in ''Opportunity Zone''. Tremendous Tax Benefits and Incentives. ''Conditional Use Approval'' for 15 units. 9 Affordable and 6 Market Rate. Affordable Allocations are expected by end this year, Market Rate Allocations expected Mid 2020. Property surrounded by water with cap rock. Plat Map, Ariel, Site Plan, Development Agreement, Survey, Vegetation Survey, Opportunity Zone Map and Explanation of Tax benefits on file under ''Documents''.

Essential Information

For 250 Gulf Terrace, MARATHON, FL
  • MLS® # 586597
  • Price $1,800,000
  • Square Footage 71,714
  • Type Vacant Land
  • Status Active

Community Information

For 250 Gulf Terrace, MARATHON, FL
  • Address 250 Gulf Terrace
  • Subdivision Schmitt Sub (51.0)
  • City MARATHON
  • County Monroe
  • State FL
  • Zip Code 33050

Area

For 250 Gulf Terrace, MARATHON, FL

15 - Sombrero Bch Rd to Vaca Cut Gulfside

Amenities

For 250 Gulf Terrace, MARATHON, FL
  • View Canal View
  • Is Waterfront Yes
  • Waterfront Canal Front

Exterior

For 250 Gulf Terrace, MARATHON, FL
  • Lot Description 1 Less Than 2 Acres

Additional Information

For 250 Gulf Terrace, MARATHON, FL
  • Date Listed July 22nd, 2019
  • Days on Market 138
  • Zoning MU - M - Mixed Use - Maritime
  • HOA Fees 0.00

Listing Details

For 250 Gulf Terrace, MARATHON, FL
  • Agent Steve Smith, P.a.

Office

For 250 Gulf Terrace, MARATHON, FL

RE/MAX All Keys Real Estate (Marathon)

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