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Oceanfront Home on Atlantic
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101 11th Street Ocean Lot 33, Marathon, FL 33050

New construction, ocean views, community amenities, and rental potential.

Property Size1,000 SF
Price / SF$629
Days on Market963

Property Features for 101 11th Street Ocean Lot 33

General Information

Standard status Active
Size 1,000 SF
Class A
Property subtype Multifamily
Zoning RM
Investment Type Net Lease
Net Operating Income $99,600

Building Details

Year Built 2021
Units 1
Listing Agency: FL Retail Advisors
Listed By: Brian Capo · License #FL SL3267919
Source: Crexi
Added: Jan 2, 2024 Changed: Aug 19 Last Checked: Aug 19 at 9:55PM

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 FL Retail Advisors

Investment Insights

Based on property information with market context.

This oceanfront home on Atlantic offers ocean and sunrise/sunset views. Constructed in 2021, this two-story home on pilings provides approximately 1,000 square feet of living space, including two bedrooms and one and a half bathrooms. The community features a modern lounge area with two fire pits, a sun-tanning deck, a stainless steel grill with an outdoor kitchen and ice house, and an inground pool. The property is located across the street from the 7-Mile Bridge trolley and near Lazy Days, 7-Mile Grill, Sunset Grill (with public pool), and Sombrero Beach. The unit may be available fully furnished, including a washer and dryer, and is ready for a rental program or personal use. A carport is located under the home, with an optional on-site private marina boat slip for vessels up to 28 feet. The ground lease property has a reasonable monthly amount with no HOA and no annual real estate taxes, but includes management for common areas and amenities. The property allows 30-day minimum rentals, making it suitable for passive vacation rental income or personal enjoyment. The unit includes a transferable warranty covering appliances until 2031. Located approximately 2.5 hours from Miami and a short hour from Key West, this property offers open water views.

Key Highlights

  • Oceanfront location with sunrise/sunset views and community pool.
  • Newer 2021 construction with transferable warranty covering appliances until 2031.
  • Private marina boat slip option up to 28'.

Property Analytics

Current Use

Ocean Breeze Marathon Property Management Company 35 Ocean Breeze ... Vacation Rental

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Pharmacy Garden Center Grocery & Convenience Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

123
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - New construction, ocean views, community amenities, and rental potential.
Where is this short term rental property located?
The property is located at 101 11th Street Ocean Lot 33 Marathon, FL.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Oceanfront location with sunrise/sunset views and community pool.; Newer 2021 construction with transferable warranty covering appliances until 2031.; Private marina boat slip option up to 28'.
(407) 404-1846 Call to check price and availability
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