600 E 63rd St, Marathon, FL 33050

$1,500,000
7
BD
4
BA
2,986
SqFt

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Sold Price
$1,500,000
List Price
$1,699,000
Closing Date
Apr 17, 2024
MLS#
605758
Status
CLOSED
Island
Marathon
County
Monroe
City
Marathon
Area
Sombrero Bch Rd to Vaca Cut - Oceanside
Subdivision
Sheryl Sub (50.5)
Neighborhood
16 - Sombrero Bch Rd to Vaca Cut - Oceanside
Bedrooms
7
Bathrooms
4
Living Area
2,986
Acres
0.17
Year Built
1972
Days on Market
299

Property Description

Excellent investment opportunity at this income-producing triplex in a prime location! Rare in the Florida Keys, this triplex is located in Marathon where 7-day rentals are permitted, generate passive income with ease. The lower level boasts two 2 bedroom, 1 bathroom units, recently upgraded with wood-look tile flooring, quartz countertops and stainless steel appliances in the kitchens, and updated bathroom finishes. Upstairs is a sizeable 3 bedroom, 2 bathroom unit offering stunning views of the canal below and an oversized 100 ft. dock. Enjoy peace of mind no matter the weather with sturdy concrete construction and metal roof. Additional improvements include upgraded plumbing and electric systems, and fresh interior and exterior paint. The property also offers an abundance of on-site parking. Excellent central location providing proximity to exciting restaurants and shops in town. Take advantage of this incredible investment opportunity in beautiful Marathon, Florida!

Additional Information

Taxes
$9,677
Interior Features
Custom Cabinets, Granite Counters, Storage, Quartz/Quartzite Counters
Appliances
Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Stainless Steel Appliance(s)
Exterior Features
Fence
Roof
Metal
Waterfront
Yes
Control Depth
4
Zoning
RM - Residential Medium
Terms
Cash, Conventional

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Calculator source: Real Geeks

Listing Courtesy Of Coldwell Banker Schmitt Lower Keys (KW), Contact: 305-872-3050

Selling Office: .