10-Unit Affordable Apartment
New
For Sale
$1,999,995
2401 Overseas Highway #10, Marathon, FL 33050
Three residential buildings offer a mix of efficiency and one-bedroom homes, with shared laundry and off-street parking.
Property Size2,115 SF
Price / SF$945.62
Days on Market2
Property Features for 2401 Overseas Highway #10
General Information
Standard status
Active
Size
2,115 SF
Property subtype
Multi-Family
Zoning
MU - Mixed-Use
Site & Location
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
9 x efficiency, 1 x 1BR/1BA
Multifamily Units
10
Amenities
on-site laundry facility
shared courtyard
off-street parking
Building Details
Year Built
1961
Buildings
3
Listing Agency:
Coldwell Banker Schmitt Real Estate Co.
Listed By:
Joshua Mothner · License #659317
(305) 743-5181
Source:
Buythekeys
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 5 at 3:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Schmitt Real Estate Co.
Investment Insights
Based on property information with market context.
The property comprises three buildings with 10 residences: nine efficiency units and one one-bedroom, one-bath residence. Gross building area totals approximately 6,511 square feet, with 3,540 square feet of finished living area. All units are subject to affordable-housing deed restrictions, and the property is zoned MU - Mixed Use Commercial Mixed Use. Improvements include replacement mini-split HVAC units, impact windows, flood panels, and a gabled metal roof. Shared amenities include an on-site laundry facility, courtyard, and off-street parking.
Located on Overseas Highway near Mile Marker 50, the property has access from 24th Street Ocean. Employment centers, marinas, shopping, dining, and everyday services are nearby. Its most recent use was employee housing; no third-party rent roll currently exists.
Located on Overseas Highway near Mile Marker 50, the property has access from 24th Street Ocean. Employment centers, marinas, shopping, dining, and everyday services are nearby. Its most recent use was employee housing; no third-party rent roll currently exists.
Key Highlights
- 10 residences across three buildings: nine efficiency units and one one‑bedroom, one‑bath residence
- Approximately 6,511 square feet of gross building area and 3,540 square feet of finished living area
- All 10 units are subject to affordable housing restrictions; zoned MU - Mixed Use Commercial Mixed Use
Property Analytics
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Current Use
Lease Details
10
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
467
Businesses Nearby
Explore this area
Business Placement
Demographics for 33050, FL
10,479
Population
7,314
Households
1.4
Avg Household Size
50
Median Age
34%
College-Educated
90%
High-School Grad
9.1 sq mi
ZIP Area
1,152
Density / Sq Mi
$83,243
Median Household Income
$40,006
Median Earnings
$1,611
Median Rent
$705,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Three residential buildings offer a mix of efficiency and one-bedroom homes, with shared laundry and off-street parking.
Where is this apartment building located?
The property is located at 2401 Overseas Highway #10 Marathon, FL.
What is the asking price?
The asking price for this property is $1,999,995.
What are key features of this property?
This property features: 10 residences across three buildings: nine efficiency units and one one‑bedroom, one‑bath residence; Approximately 6,511 square feet of gross building area and 3,540 square feet of finished living area; All 10 units are subject to affordable housing restrictions; zoned MU - Mixed Use Commercial Mixed Use
