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''.
- Price:
- $1,900,000
- Acreage:
- 1.65
- Listing ID #:
- 586597
- Street Address:
- 250 Gulf Unit 5
- City:
- Marathon
- State:
- Florida
- Postal Code:
- 33050
- County:
- Monroe
- Community:
- 15 - Sombrero Bch Rd To Vaca Cut Gulfside
- Subdivision:
- Schmitt Sub (51.0)
- Listing Status:
- Active
- Conforms To Zoning:
- Mu - M - Mixed Use - Maritime
- Federal Flood Zone:
- Ae 8
- Lot Size:
- 1 Less Than 2 Acres
- Lot Square Footage:
- 71714.00
- Total Number Of Lots:
- 2.00
- Days On Market:
- 550
- Terms:
- Buyer Obtain Finance
- Property Taxes:
- $6,597
- Tax Year:
- 2020
- Control Depth:
- 4
- Waterfront:
- Yes
- Waterfront Footage:
- Canal Front
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Ocean Sotheby's International Realty (marathon)
Listing Provided By Berkshire Hathaway Homeservices Keys Real Estate 
