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Strong Investment Opportunity $6,900,000 Strong Investment Opportunity $6,900,000 Vacation Rental Compound Private turn-key waterfront compound for weekly rental community. Seven 4 bedroom, 3 bathroom new homes built to windstorm standards. Each home is setup to enjoy their own privacy w/ balconies, covered parking, private spas & approximately 40' of dockage per unit. Good rental history & future bookings. 1.42 acres directly on US Hwy-1 and over 700 linear feet of water frontage. Located next door to the Boathouse and across Shelter Bay from Key Colony Beach in Marathon, FL in the Heart of the Florida Keys. Vaca Cove The Owen Lucas Team Jody Owen 305-923-1902 or 12555 Overseas Hwy [email protected] Marathon FL 330503 Lynn Lucas 305-393-0559 or [email protected] ©2020 BHH Affiliates, LLC. Real Estate Brokerage Services are offered through the network member franchisees of BHH Affiliates, LLC. Most franchisees are independently owned and operated. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Information not verified or guaranteed. If your property is currently listed with a Broker, this is not intended as a solicitation. Equal Housing Opportunity. 3100 Overseas Highway $985,000 | MLS# 586078 12345 Strathmore Circle $0,000,000 | MLS# 1234 12345 Strathmore Circle $0,000,000 | MLS# 1234 Saddlebunch, FL Bedrooms: 0 | Bathrooms Westbury Lake, US Bedrooms: 6 | Bathrooms: 4 Westbury Lake, US Bedrooms: 6 | Bathrooms: 4 Area Description Town description Sq. Ft: 3,250 | Acres: 0.25 Town description Sq. Ft: 3,250 | Acres: 0.25 12345 Strathmore Circle $0,000,000 | MLS# 1234 12345 Strathmore Circle $0,000,000 | MLS# 1234 12345 Strathmore Circle $0,000,000 | MLS# 1234 Westbury Lake, US Bedrooms: 6 | Bathrooms: 4 Westbury Lake, US Bedrooms: 6 | Bathrooms: 4 Westbury Lake, US Bedrooms: 6 | Bathrooms: 4 Town description Sq. Ft: 3,250 | Acres: 0.25 Town description Sq. Ft: 3,250 | Acres: 0.25 Town description Sq. Ft: 3,250 | Acres: 0.25 12345 Strathmore Circle $0,000,000 | MLS# 1234 12345 Strathmore Circle $0,000,000 | MLS# 1234 12345 Strathmore Circle $0,000,000 | MLS# 1234 Westbury Lake, US Bedrooms: 6 | Bathrooms: 4 Westbury Lake, US Bedrooms: 6 | Bathrooms: 4 Westbury Lake, US Bedrooms: 6 | Bathrooms: 4 Town description Sq. Ft: 3,250 | Acres: 0.25 Town description Sq. Ft: 3,250 | Acres: 0.25 Town description Sq. Ft: 3,250 | Acres: 0.25 The Owen Lucas Team 12555 Overseas Hwy, Marathon, FL Jody Owen 305-923-1902 or Offered at $6,900,000 [email protected] Lynn Lucas 305-393-0559 or [email protected] ©2020 BHH Affiliates, LLC. Real Estate Brokerage Services are offered through the network member franchisees of BHH Affiliates, LLC. Most franchisees are independently owned and operated. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Information not verified or guaranteed. If your property is currently listed with a Broker, this is not intended as a solicitation. Equal Housing Opportunity. 3100 Overseas Highway $985,000 | MLS# 586078 12345 Strathmore Circle $0,000,000 | MLS# 1234 12345 Strathmore Circle $0,000,000 | MLS# 1234 Saddlebunch, FL Bedrooms: 0 | Bathrooms Westbury Lake, US Bedrooms: 6 | Bathrooms: 4 Westbury Lake, US Bedrooms: 6 | Bathrooms: 4 Area Description Town description Sq. Ft: 3,250 | Acres: 0.25 Town description Sq. Ft: 3,250 | Acres: 0.25 12345 Strathmore Circle $0,000,000 | MLS# 1234 12345 Strathmore Circle $0,000,000 | MLS# 1234 12345 Strathmore Circle $0,000,000 | MLS# 1234 Westbury Lake, US Bedrooms: 6 | Bathrooms: 4 Westbury Lake, US Bedrooms: 6 | Bathrooms: 4 Westbury Lake, US Bedrooms: 6 | Bathrooms: 4 Town description Sq. Ft: 3,250 | Acres: 0.25 Town description Sq. Ft: 3,250 | Acres: 0.25 Town description Sq. Ft: 3,250 | Acres: 0.25 12345 Strathmore Circle $0,000,000 | MLS# 1234 12345 Strathmore Circle $0,000,000 | MLS# 1234 12345 Strathmore Circle $0,000,000 | MLS# 1234 Westbury Lake, US Bedrooms: 6 | Bathrooms: 4 Westbury Lake, US Bedrooms: 6 | Bathrooms: 4 Westbury Lake, US Bedrooms: 6 | Bathrooms: 4 Town description Sq. Ft: 3,250 | Acres: 0.25 Town description Sq. Ft: 3,250 | Acres: 0.25 Town description Sq. Ft: 3,250 | Acres: 0.25 The Owen Lucas Team 12555 Overseas Hwy, Marathon, FL Jody Owen 305-923-1902 or Offered at $6,900,000 [email protected] Lynn Lucas 305-393-0559 or [email protected] ©2020 BHH Affiliates, LLC. Real Estate Brokerage Services are offered through the network member franchisees of BHH Affiliates, LLC. Most franchisees are independently owned and operated. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Information not verified or guaranteed. If your property is currently listed with a Broker, this is not intended as a solicitation. Equal Housing Opportunity. 12555 Overseas Hwy A, Marathon, FL 33050 594168 Commercial Active $6,900,000 Listing Board: Marathon/Lower Keys Range Pricing: Limitd Reprsntation: No As is Rght to Inspct: Yes For Sale/Lease: For Sale Potential Short Sale: No Bank Owned: No Species List: Off Shore Island: No Subdivision: Fat Deer Key (53.0) Mile Marker: 53 18 - East of Holiday Inn County: Monroe Area: KW Neighborhood: US #1 & Coco Plum Marathon Vaca East (Vaca to Coco) Side: Ocean Flood Zone: AE,AE Neighborhood: Alternate Key #: 1117374 Add'l Parcel #1: Add'l Parcel #2: MU - Mixed Use Parcel #: 00100490-000000 Bldg Nbr: 7 Zoning: Commercial Mixed Use Taxes: 39,331.99 Tax Year: 2019 Style: Commercial Lot Size: irregular Lot SqFt: 61,855 Waterfront: Yes Control Depth: 5 Business Name: Vaca Cove Year Established: # Parking Spaces: Off Street Parking: # Stories: Building Ht. Ft.: Total # Buildings: Building SqFt: 12,180 SqFt Source: Property Data Card Net Leasable Area: 12,180 Total Units: 7 Year Built: 2016 Total Bedrooms: 28 Full Baths: 21 Half Baths: 0 Total Baths: 21 Sold Comments: Sold Remarks: Remarks - Consumer: Offered for sale is Vaca Cove a 7 unit vacation rental property located in Marathon, FL. The property is comprised of 7 stilted waterfront homes, dockage accommodating up to 40' boats per home, resort sized pool, fishing dock/kayak launch and built in 2016. Each home is 1,740 Sq. Ft., 4 bedroom, 3 bath, open floor plan living area, large laundry, water front porches with open water views, private spas and covered parking. This is an active vacation rental property with established management and increasing numbers. Please do not go to property unscheduled. Call for more information. Directions: Located ocean side of US 1 at mile marker 53 beside the Boat House and Art Studio. Legal: 5 66 33 FAT DEER KEY PT LOT 3 AND ADJ BAY BOTTOM OR169-204(II DEED 22158) OR580-191/192 OR933-67/68 OR1033-1340E OR2489- Vehicle Storage: Covered Parking; Off Street License Info: # of City License: 7 Parking Association Info: Mandatory Home Owners Asc: Cooling/Heating: Ceiling Fans; Central A/C No; 1st Right of Refusal: No Utilities: Buyer to Verify; FKAA; Municipal Sewer; Floor: Tile Floor Accounts & Meters: # Water Meters: 7; # Electric Separate Meters Roof: Metal Roof Meters: 7 Interior Features: Furnished; Smoke Alarms; Land Size: 1 Less Than 2 Acres Property Info: # Boat Slips: 7; # Kitchens: 7; # Window Treatments Fee Includes: None Efficiencies: 7; # Refrigerators: 7; # Range/Ovens: Appliances: Dishwasher; Disposal; Dryer; Range; Terms: Buyer Obtain Finance 7; # Washers: 7; # Dryers: 7; # Dishwashers: 7 Refrigerator; Washer Title: Title Ins - Buyer Type: Other Services Miscellaneous: Chickee Hut; Fencing; High Financial Status: Bank Owned: No; Potential Waterfront: Open Water Visibility; Pool; Spa Short Sale: No Waterview: Harbor/Marina View; Open Water View Construction: Frame Dockage: Dock: Other; Basin Windows/Doors: Impact Rstnce Doors; Impact Rstnce Window Information is deemed to be reliable, but is not guaranteed. © 2021 MLS and FBS. The information on this sheet has been made available by the MLS and may not be the listing of the provider. Jody L. Owen, P.A. Lynn B. Lucas, P.A. Sales Professional Sales Professional 305.923.1902 305.393.0339 [email protected] [email protected] www.KeyRealEstate.com www. KeyRea !Estate.com Improvements: The property is improved with seven, elevated one-story modular wood frame construction vacation rental homes. All of the homes include four bedrooms and three full bathrooms. The units all feature unobstructed Bonefish Baywater views. Each of the subject structures contain 1,740 square feet of gross living area, plus a 240 square foot covered front porch and 24 square foot open entry porch. The subject complex has a gross building area of 12,180 square feet. According to the Monroe County Property Appraiser’s records, the subject structures were constructed in 2016. Overall the complex is in good condition. Amenities: gravel paved and concrete pavers parking area and driveways throughout the complex. In addition, the residential units include private above ground spa, covered parking, and covered porches. The project shares a sandy beach, tiki hut, swimming pool, sundeck plus extensive boat dockage. Dockage: Each unit has approximately a 40 foot (length overall) wet boat slip. Most of the dockage is above owned submerged land. No baybottom or submerged leases are in place. Subject Buildings Location Built Sq. Ft. 1255 Overseas Highway, Marathon Residential Vacation Homes House "A": 4
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