295 51St Street Gulf Marathon, FL 33050

This exceptional six-unit multi-family commercial property in Marathon, Florida, presents a lucrative investment opportunity. Located on 295 51st Street, this property enjoys convenient access from both 51st and 50th Streets. The complex comprises three buildings arranged around a tranquil courtyard featuring a refreshing pool, a tiki bar, and a grill – creating a desirable and relaxing atmosphere for residents. The property boasts five efficiency units and one spacious two-bedroom, two-bathroom unit, catering to a diverse range of tenants. Each unit has been extensively remodeled, showcasing modern amenities including tile flooring, impact-resistant windows, updated air conditioning systems, top-of-the-line appliances, stylish cabinets, and elegant quartz countertops. Ample off-street parking is available, accommodating over eight vehicles. The property is zoned MU Commercial and includes six transferable building rights (TBRs), offering significant flexibility for future development or expansion. This versatile property is ideal for investors seeking short-term rental income, long-term leasing opportunities, or other commercial ventures. A Confidentiality Agreement/Non-Disclosure Agreement (CA/NDA) and proof of funds or bank pre-approval are required for further consideration. The asking price is $1,600,000.