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Sold

300 17th Court Gulf

300 17th Court Gulf, Marathon, FL 33050

$949,999

Opportunities abound! Don't miss this chance to own an income-producing legal quadplex in the heart of the Florida Keys. This turn-key multi-unit features three studio apartments downstairs and a two-bedroom, one-bath apartment upstairs. Currently, apartments 2 and 3 are rented. There is the option to rent apartment 1 and the two bedroom apartment on the 2nd floor prior to closing. If all four are rented, the total gross revenue should be about $7500 per month. The City of Marathon recognizes four transferable building rights on this property. The TBR letter has been recorded and is available for review. The possibilities are endless with this multi-unit. Drop in a pool and make this a small boutique hotel with minimum seven-day rentals allowed. Apartments 1,3, and 4 are furnished and accessorized, just bring a toothbrush and enjoy. This property is complete with a new roof, freshly painted, and other updates, making this an excellent investment.

Contact Listing Agent - Frank Griffiths 

5
beds

4
baths

1,560 Sq.Ft. LIVING AREA

4,599 Sq.Ft. lot

Frank Griffiths

Frank Griffiths

Features & Amenities

Interior

  • total bedrooms5
  • Total bathrooms4
  • full bathrooms4
  • Flooring Tile, Vinyl
  • APPLIANCES Oven, Refrigerator, Range

Area & Lot

  • Status Sold
  • Living Area1,560 Sq.Ft.
  • Lot Area4,599 Sq.Ft.
  • MLS® ID599865
  • TypeResidential
  • YEAR BUILT1953
  • NeighborhoodMarathon
  • Water FrontageNone
  • View DescriptionNo Waterview
  • School DistrictNo

Exterior

  • Garage Space7.0
  • utilitiesBuyer to Verify, Propane, Municipal Sewer, FKAA, Elect Separate Meter, Cable Available
  • parkingAssigned Parking, 4
  • AIR CONDITIONINGWall/Window Unit(s)
  • HOA AmenitiesNone

Financial

  • Sales Price$949,999
  • Real Estate Tax $6,121/yr
  • Zoning R-MH - Residential - MH

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