Seller requests offers! $170,000 price drop. This elevated 5-bedroom, 3-bath canal front home offers immediate direct Gulf access, making it a prime investment opportunity with strong rental potential. The property includes a 75-foot dock with a boat lift and step-down for easy boating access, and it's licensed for weekly rentals, already generating income. On the ground floor, a 2-bedroom, 1-bath living space with an updated kitchen provides the perfect guest or personal space or rental income. Outdoors, a heated and chilled pool and screened patio enhance the property's appeal as a high-demand rental or second home. The second story, has an open layout main living area with vaulted ceilings, a granite kitchen, and a large screened balcony overlooking the canal and pool. With 3 bedrooms and 2 baths, this home accommodates large groups comfortably. This property offers both lifestyle and financial benefits with its Gulf access, income-generating potential, and low-risk elevation. Perfect for investors seeking a steady revenue stream in a prime vacation rental market, 7 day minimum. Make your offer.
MLS# | 611805 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active |
Year | 1996 |
Days On Site | 33 |
Listing Provided By | Coldwell Banker Schmitt Real Estate Co. | Michelle Ann Wininger |
Buyer Commission | 2% |
Bed(s) | 5 |
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Bath(s) | 3 Total |
SQ Feet | 2,719 |
Pool | Yes |
Zoning | RM - Residential Medium |
Acreage | 0.17 |
Water Front | Yes |
Property View | Canal |
State | FL |
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County | Monroe |
City | MARATHON |
Zip Code | 33050 |
Area | 15 Sombrero Bch Rd to Vaca Cut Gulfside |
Community Name | Sea Air Estates (52.0) |
Listing VS Median (in Sea Air Estates (52.0)) | |
Price: $1,825,000 low | high Med: $1,562,000 SqFt: 2,719 low | high Med: 1,976 $ / SqFt: $671 low | high Med: $863 On Site: 33 low | high Med: 110.500000 |