7999 Overseas Highway , 1-5

    Marathon, FL 33050
    • $865,000
    • STATUS: Active
    • ON SITE: 89 days
    • MLS #: 583848
    Price Reduced
    UPDATED: 28 min ago
    $865,000
    • 2
      BEDS
    • 0.47
      ACRES
    • 1
      BATHS
    • 0
      1/2 BATHS
    • 2,496
      SQFT
    • $347
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1993
    County:

    School Ratings & Info

    Description

    Location, Location, Location. Lots of Uses. - Zoned Commercial. Located in special tax savings Opportunity Zone. On US 1 with grandfathered in monument sign ready to be re-designed for new owner. Estimates to replace with digital are in the process. No flooding inside from Irma. This property sits high and coral bedrock. Great owner/user or investor purchase. Currently 7 private furnished offices, space for more, 2 bathrooms, plus a 2 bedroom 1 bath furnished apartment - could be additional office space. The versatile floor plan makes it easy to expand or contract a business with interior doors connecting units. Lots of parking too. Survey and elevation certificate attached. 10x20 storage shed. See Remarks for more information.Great location and setup for Owner-Users: Office Suites, Real Estate Office, Vacation Rental Company, Doctor's Offices, Plumbers, Electricians or just about any type of commercial use business. Tenants have short term leases due to sale but easy to fully lease long or short term. Zoned Commercial Mixed Use with lots of possibilities. Note: This property is located in an area nominated by the state as an Opportunity Zone for tax purposes and offers additional capital gains tax benefits: https://www.cdfifund.gov/Pages/Opportunity-Zones.aspx Investors can defer and reduce realized capital gains on the principal invested, and even eliminate their capital gains tax burden on returns earned through the sale of investments in qualified Opportunity Zones. Contact your Accountant to confirm how this property could benefit your investment. https://fundrise.com/education/blog-posts/tax-incentives-of-investing-in-opportunity-zones Owner will consider all offers.

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    The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Doug Mayberry Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
    www.dougmayberry.com/homes/91086429

    7999 Overseas Highway , 1-5 Marathon, FL 33050

    • Price: $865,000
    • Status: Active
    • Updated: 28 min ago
    • MLS #: 583848
    2
    Beds
    1
    Baths
    0
    ½ Baths
    0.47
    Acres
    2,496
    SQFT
    $347
    $/SQFT
    1993
    Built
    Neighborhood:
    Imber Sub (51.0)
    County:
    Monroe
    Area:
    16 - Sombrero Bch Rd To Vaca Cut - Oceanside
    Property Description
    Location, Location, Location. Lots of Uses. - Zoned Commercial. Located in special tax savings Opportunity Zone. On US 1 with grandfathered in monument sign ready to be re-designed for new owner. Estimates to replace with digital are in the process. No flooding inside from Irma. This property sits high and coral bedrock. Great owner/user or investor purchase. Currently 7 private furnished offices, space for more, 2 bathrooms, plus a 2 bedroom 1 bath furnished apartment - could be additional office space. The versatile floor plan makes it easy to expand or contract a business with interior doors connecting units. Lots of parking too. Survey and elevation certificate attached. 10x20 storage shed. See Remarks for more information.Great location and setup for Owner-Users: Office Suites, Real Estate Office, Vacation Rental Company, Doctor's Offices, Plumbers, Electricians or just about any type of commercial use business. Tenants have short term leases due to sale but easy to fully lease long or short term. Zoned Commercial Mixed Use with lots of possibilities. Note: This property is located in an area nominated by the state as an Opportunity Zone for tax purposes and offers additional capital gains tax benefits: https://www.cdfifund.gov/Pages/Opportunity-Zones.aspx Investors can defer and reduce realized capital gains on the principal invested, and even eliminate their capital gains tax burden on returns earned through the sale of investments in qualified Opportunity Zones. Contact your Accountant to confirm how this property could benefit your investment. https://fundrise.com/education/blog-posts/tax-incentives-of-investing-in-opportunity-zones Owner will consider all offers.
    Exterior Features

    Construction Other Construction Dockage None Land Size 1/4 - 1/2 Acre Lot Size Irregular Miscellaneous FencingHandicap AccessHigh Traffc LocationHigh VisibilityHighway FrontageLobbyManager On PremisesOther MiscellaneousResidence On PremiseSecurity SystemStorageUtility Building Parking Spaces 12 Plus Back Lot Roof Metal Roof Shutters Panel Side Ocean Style Commercial Vehicle Storage Common ParkingGuest ParkingTrailer Storage Vehicle Storage Cars 4+ Waterfront None Waterfront YN No Waterview No Waterview

    Interior Features

    Appliances DryerRangeRefrigeratorWasher Cooling Heating Ceiling FansCentral A/C Floor CarpetTile FloorVinyl Floor Interior Features Drapes/Blinds InclFurnishedSmoke AlarmsWindow Treatments Kitchens 2 Net Leasable Area 2496.00 Range Ovens 1 Refrigerators 3 Washers 1 Windows Doors Aluminum Windows

    Property Features

    Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No Business Name Building Only City Marathon Commercial Type Boat Sales/ServiceFranchiseOffice BuildingsOther ServicesProfessional ServiceRetail Control Depth 0 Deed Restrictions No Dryers 1 Electric Circuit Breakers Electric Meters 4 Fee Includes None Fema List No Flood Zone AeAe Listing Board Marathon/Lower Keys Mile Marker 51.00 Potential Short Sale No Potential Short Sale Financial Status No Property Rights Multi-Use/CommercialOther/See Remarks Property Type Commercial Tax Year 2018 Taxes 5107.53 Tenant Paid CableElectricSewerWater Terms Buyer Obtain FinanceExchangeSeller Finance Psble Title Title Ins - Buyer Total Units 0.00 Utilities FkaaMunicipal Sewer Water Meters 3 Zoning Mu - Mixed Use Commercial Mixed Use

    Listing courtesy of Gidget Jackson of Re/Max Realty Group Llc.


    The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Doug Mayberry Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
     
    Doug Mayberry Real Estate
    1075 Duval Street, Suite C23
    Key West FL, 33040