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$2,185,000
58162 Overseas
Marathon, FL 33050
MLS# 514811
Status: Closed
13 beds  |  13 baths


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Property Description
Gorgeous 11-unit oceanfront resort with 180' of waterfrontage including sandy beach & 130' pier for small boats. Eleven units in mix of private cottages, each with its own deck and spacious suites -- most with kitchens. Property has a boat rental operation -- boats included, with fishing & snorkeling equipment rentals. Great staff. Units are newly decorated. Great numbers & potential.

Details
Maps
Contract Information
Listing Board: Marathon/Lower Keys
Range Pricing: No
Limited Representation: No
Current Price: $2,185,000
Listing Date: 2003-01-24
Sold Price: $2,185,000
Location, Tax & Legal
City: MARATHON
Mile Marker: 58
Side: Ocean
Alternate Key #: 1454095
Add'l Parcel #1: 003709800000000000
Parcel #: 00371000-000000
Add'l Parcel #2: 003709800000000000
Zoning: SC - Sub Urban Commercial District
Legal: CRAINS SUBD OF GRASSY KEY PB 1-51 PT LOT 4, 5 & PT LOT 6 BLK 36 (PARCEL A)
Taxes: 26912
Tax Year: 2002
Street #: 58162
Street Name: Overseas
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
Subdivision: Grassy Key (58.9)
County: Monroe
Area: 19 - Crawl Key & Grassy Key
General Property Description
Realtor.COM Type: Rental
Waterfront: Yes
Control Depth: 1
Lot SqFt: 32400
Business Name: YELLOWTAIL INN
Total Units: 11
# Stories: 0
Building Ht. Ft.: 0
Total # Buildings: 0
Building SqFt: 6473
Style: Commercial
Year Built: 1958
Total Bedrooms: 13
Full Baths: 13
Total Baths: 13
Remarks & Misc
Remarks – Consumer: Gorgeous 11-unit oceanfront resort with 180' of waterfrontage including sandy beach & 130' pier for small boats. Eleven units in mix of private cottages, each with its own deck and spacious suites -- most with kitchens. Property has a boat rental operation -- boats included, with fishing & snorkeling equipment rentals. Great staff. Units are newly decorated. Great numbers & potential.
Deed Restrictions
No: 1
Type
Hotel/Motel: 1
Fee Includes
None: 1
Accounts & Meters
# Water Meters: 2
# Electric Meters: 3
Appliances
Range: 1
Refrigerator: 1
Property Info
# Kitchens: 10
Cooling
Ceiling Fans(s): 1
Central Air: 1
Wall/Window Unit(s): 1
Waterfront
Oceanfront: 1
Open Water: 1
Electric
220 Volt: 1
Circuit Breakers: 1
Waterview
Canal View: 1
Ocean View: 1
Open Water View: 1
Floor
Carpet: 1
Tile: 1
Vinyl: 1
Wood: 1
Interior Features
Drapes/Blinds Incl: 1
Laundry Room: 1
Split Bedroom: 1
Windows/Doors
Aluminum Windows: 1
Jalousie Windows: 1
Single Hung Windows: 1
Construction
CBS: 1
Frame: 1
Land Size
1/2 - Less Than 1 AC: 1
Terms
Buyer Obtain Finance: 1
Utilities
FKAA: 1
Septic Tank: 1
Roof
Combo Roof: 1
Shingle Roof: 1
Tar/Gravel Roof: 1
Status Change Info
Sold Date: 2003-10-30
Sold Price: $2,185,000
Status: Closed
Property Features
Deed Restrictions: No
Type: Hotel/Motel
Waterfront: Oceanfront; Open Water
Waterview: Canal View; Ocean View; Open Water View
Cooling: Ceiling Fans(s); Central Air; Wall/Window Unit(s)
Utilities: FKAA; Septic Tank
Interior Features: Drapes/Blinds Incl; Laundry Room; Split Bedroom
Appliances: Range; Refrigerator
Construction: CBS; Frame
Electric: 220 Volt; Circuit Breakers
Floor: Carpet; Tile; Vinyl; Wood
Roof: Combo Roof; Shingle Roof; Tar/Gravel Roof
Land Size: 1/2 - Less Than 1 AC
Fee Includes: None
Terms: Buyer Obtain Finance

Listing Office: Coldwell Banker Schmitt Real Estate Co.

Last Updated: September - 10 - 2024

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