Search
$250,000
Marathon, FL 33050
MLS# 608856
Status: Closed
1 / 1
Property Description
It is no secret that Marathon Florida is one of the most desired cities to live in the Florida Keys. However, unlike many other cities throughout the state of Florida, if you purchase a residential lot in Marathon, you are not guaranteed that you will be able to be approved to build on it. To build, you will need a building right & many lots in the city do not come with building rights. This means even though you own your lot, it could take years to be approved to build if ever and with talks of a potential upcoming building moratorium, the chance to secure a transferrable building right is becoming increasingly limited. With the purchase of this building right, you now will have the opportunity to build right away. So, do not miss out on this unique opportunity. TRANSFER FEES ARE INCLUDED AT THIS PRICE. Buyer is responsible for all closing costs. The transfer of this building right must be approved by the city of Marathon.
Details
Maps
Contract Information
Listing Date: 2024-02-22
Listing Board: Marathon/Lower Keys
Sold Price: $250,000
Location Tax Legal
Street #: 525
Street Name: 22nd St Ocean
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
Property Right Description
Property Rights Type: Transferrable Building Right
Transfer Fee Paid By: Seller
Status Change Info
Sold Date: 2024-10-01
Sold Price: $250,000
Sold Comments: Sold with No Nonsense Real Estate.
Status: Closed
Property Features
Jurisdiction: Marathon
Transferrable Building Right: Buyer to Verify
Listing Office: No Nonsense Real Estate Branch Office
Last Updated: October - 01 - 2024
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.