Property profile

104 52Nd Street Ocean Marathon, FL 33050

OFF-MARKET
Retail properties & Spaces
Property ID
US18-8258100
Built 2001
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Property summary

AI-generated overview

This exceptional 2001-built multifamily property in Marathon, Florida, presents a lucrative investment opportunity. Located at 104 52nd Street Ocean, this stunning waterfront property boasts breathtaking views and direct access to the Atlantic Ocean via a wide canal. The property includes a substantial 174-foot dock and a semi-private boat ramp, easily accommodating four or more boats or even a yacht. Currently operating as a highly successful, licensed short-term vacation rental, this turnkey business generates a six-figure annual income. The property is completely furnished and priced well below a recent appraisal. The main residence features three large bedrooms, each with its own ensuite bathroom and ample storage. This luxurious property offers the perfect blend of tranquil retreat and profitable business venture in the heart of the Florida Keys' deep-sea fishing capital, making it an ideal investment for discerning buyers seeking a high-return property with exceptional amenities and stunning ocean views. The property is situated in Monroe County, Florida, zip code 33050. The asking price is $1,447,000. This is a multifamily property, specifically categorized as an apartment building, duplex/triplex/quadruplex, and includes retail space.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2001
UPID US18-8258100

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

104 52Nd Street Ocean Marathon, FL 33050
Marathon metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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