396-452 50th Street Gulf - Apartments FOR SALE


Marathon, FL 33050
$1,500,000 USD
305-923-9487
396-452 50th Street Gulf, Marathon, FL for Sale
$1,500,000 USD
Apartments - FOR SALE
1/9
null | Request Cap Rate

396-452 50th Street Gulf
Marathon, FL 33050


OVERVIEW

Improved price and motivated sellers make this a great opportunity to own two full duplexes in Marathon! Owner financing is available for qualified buyers. The first duplex, located at 452/454 50th St Gulf, features two units, each with 2 bedrooms and 1 bathroom. The second duplex includes #396, a 3-bedroom, 2-bath unit, and #398, a 2-bedroom, 1-bath unit. These properties can be purchased separately or together, but both transactions must close on the same day. Seller financing is available with a $400,000 down payment for the combined purchase. The remaining balance will be amortized over 25 years at 6% interest, with a balloon payment due at the end of the sixth year. This is a rare investment opportunity—contact us today for more details!

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$379 USD /SF

# OF UNITS

4

PRICE/UNIT

$375,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

IS

APN/PARCEL ID

00328100-000000,00328110-000000

ASK ABOUT THIS PROPERTY

Lynn GoodwinColdwell Banker Schmitt Real Estate CompanyMore Info
305-923-9487

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Lynn GoodwinColdwell Banker Schmitt Real Estate CompanyMore Info
305-923-9487

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.