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

Oceanfront property with sunrise/sunset views, modern amenities, and rental potential.

Property Size1,000 SF
Days on Market1341

Property Features for 101 11th Street Ocean

General Information

Standard status Active
Size 1,000 SF
Property subtype Multifamily

Building Details

Year Built 2021
Listing Agency: FL Retail Advisors
Listed By: Brian Capo · License #FL SL3267919
Source: Crexi
Added: Dec 5, 2022 Changed: Jul 10 Last Checked: Aug 7 at 7:15AM

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. The newer 2021 construction features two-story units on pilings, ranging from 960 to over 1,000 square feet. Units include 2 bedrooms and either 2 or 1.5 bathrooms, depending on the model. Interior features include granite countertops, stainless steel kitchen appliances, shiplap siding, natural light, crown molding, central air conditioning, and interior laundry facilities. Some units include a third-floor balcony. The community provides a modern lounge area with clean fuel fire pits, a sun-tanning deck, a stainless steel grill with an outdoor kitchen and ice house, and an inground pool. Located across from the 7-Mile Bridge trolley, it is near Lazy Days, 7-Mile Grill, Sunset Grill (with public pool), and Sombrero Beach. Units range from fully furnished to partially furnished, including a washer and dryer, and are 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 boats up to 28 feet. The property is on a ground lease with a monthly amount that includes management for common areas and amenities, as well as nominal non-ad valorem pass-through taxes paid monthly. There is no HOA, and 30-day minimum rentals are permitted. The units have a transferable warranty covering appliances until 2032. Located 2.5 hours from Miami and a short hour from Key West, this property offers open water views. It is suitable for passive vacation rental income or a 1031 exchange.

Key Highlights

  • Oceanfront property with stunning ocean and sunrise/sunset views.
  • Newer 2021 construction with transferable warranty covering appliances until 2032.
  • Community amenities include a modern lounge area, fire pits, sun deck, outdoor kitchen, inground pool, and optional private marina boat slip.

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

252
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 - Oceanfront property with sunrise/sunset views, modern amenities, and rental potential.
Where is this short term rental property located?
The property is located at 101 11th Street Ocean Marathon, FL.
What are key features of this property?
This property features: Oceanfront property with **stunning ocean and sunrise/sunset views.**; Newer 2021 construction with transferable warranty covering appliances until 2032.; Community amenities include a modern lounge area, fire pits, sun deck, outdoor kitchen, **inground pool, and optional private marina boat slip.**
(407) 404-1846 Call to check price and availability
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