Vacant Land 89th Street, MARATHON, FL

$899,000

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6,440

Square feet

About Vacant Land 89th Street

Waterfront lot is cleared and ready for construction, complete with Transferable Building Rights (TBR), house plans, and dock plans. Located on the picturesque 89th Street in Marathon, Florida, this waterfront lot spans 6,440 square feet and measures 70 feet wide by 92 feet deep. Boasting 70 feet of prime water frontage and a 45-foot-wide canal that leads directly to open water, this property offers a 4-foot control depth, ensuring easy water access. As soon as you reach the end of the canal, you can plane out effortlessly. Weekly rentals are permitted, making this an ideal investment for generating rental income. Imagine building your dream home with a customizable layout, ample storage options, and your choice of colors and materials. New construction offers numerous advantages, including easier maintenance, cheaper insurance, and no worries about illegal enclosures. This property presents a significant equity potential, providing a profitable margin for flippers and better numbers for vacation rentals. You can build to withstand 180 MPH winds, above flood levels, and without the need for shutters. Additionally, solar programs are available for those interested in off-grid living. Investing in this property not only offers a substantial profit margin but also provides a valuable learning experience for future real estate ventures. Don't miss this rare opportunity to own a prime piece of waterfront property in Marathon, Florida. Contact us today to learn more and start building your dream home or investment property!

Features of Vacant Land 89th Street

MLS® # 610843
Price $899,000
Square Footage 6,440
Type Vacant Land
Status Active

Community Information

Address Vacant Land 89th Street
Area 16 - Sombrero Bch Rd to Vaca Cut - Oceanside
Subdivision Gulfstream Shore (Marathon) (52.0)
City MARATHON
County Monroe
State FL
Zip Code 33050

Amenities

Amenities Community Boat Ramp, Airstrip
View Canal View
Is Waterfront Yes
Waterfront Canal Front

Interior

Has Basement No

Exterior

Lot Description Less Than 1/4 Acre

Additional Information

Date Listed July 22nd, 2024
Days on Market 174
Zoning RM - Residential Medium
Short Sale No
RE / Bank Owned No

Listing Details

AgentSamuel Davis Williams
OfficeColdwell Banker Schmitt Real Estate Co.

Listing Map

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