81 Coco Plum Dr Marathon, FL 33050
- Industrial properties
- 2,055 SF
- 0.92 lot acres
Current Use by Public Records
- A M Electric, Inc / Landscape Lighting Designer / Electrician
- Sunmasters Elite Travel, Inc. / Travel Agency
Property Details for 81 Coco Plum Dr
- Year built
- 1981
- Lot size
- 0.92 lot acres
- Property size
- 2,055 SF
- Property type
- Industrial properties
- Property subtype
- Industrial live-work properties
- APN
- 00100240-000100
- APU
- 100240000100
Description
This exceptional Marathon, Florida property, listed at $3,800,000, offers a unique blend of commercial and residential opportunities. Currently operating as a successful electric company's base, the property includes a home (requiring modernization), multiple work sheds, ample parking for work vehicles and trailers, and extensive waterfront assets. These assets include a private boat ramp, at least five wet slips with fully refurbished docks (including one lift slip), and a Tiki hut covering another private lift slip. The property boasts substantial dockage in front of the home, with additional docks available. PVC sheet piling protects the northern bank. The approximately 5,000 annual property taxes reflect the value and location. The bottomlands are owned outright, eliminating submerged land lease concerns. The seller represents the property as environmentally tested and clean. This versatile property presents a rare chance to acquire a thriving business with significant residential and recreational potential in the desirable Florida Keys. The property's diverse uses and prime waterfront location make it an exceptional investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Marathon
- County
- Monroe
- State
- Florida
- Longitude
- -81.0138
- Latitude
- 24.7276
- CBSA code
- 28580
- CBSA name
- KEY WEST-MARATHON, FL MICROPOLITAN STATISTICAL AREA
