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Wade M. Berlin

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574 & 576 99th Street Ocean
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PRICED AT ONLY: $1,400,000

Address: 574 & 576 99th Street Ocean, MARATHON, FL 33050

Description

Beautifully renovated and fully turnkey duplex located on a deep water canal in the heart of Marathon. This rare income producing property features two spacious 2BD/2BA units, each offering approximately 927 sq. ft. of updated coastal living with impact windows and doors, granite countertops, stainless steel appliances, tile flooring throughout, and covered parking. Renovated in 2018, the property blends modern finishes with the relaxed Florida Keys boating lifestyle.A true boater's dream, each side offers its own 30' concrete dock and seawall (60' total) complete with 30 amp shore power. Enjoy quick ocean access and easy Gulf access via Vaca Cut, making this an exceptional setup for anglers and boating enthusiasts alike. The waterside outdoor spaces are designed for entertaining and enjoying the Keys lifestyle, featuring string lighting, solar lit dock pilings, under dock fish lights that attract snapper and tarpon, and frequent manatee visits along the canal.Located directly adjacent to Oceanfront Park & Dog Park, owners and guests enjoy immediate access to one of Marathon's premier waterfront parks offering a dog park, kayak launch, open green space, waterfront walking areas, playgrounds, and frequent community events. Conveniently located near Sombrero Beach, shopping, dining, and Florida Keys Marathon International Airport.Currently tenant occupied with both units rented month to month. This property also has strong vacation rental potential. Ideal opportunity to live in one side while renting the other, or maximize income potential with a fully turnkey investment property in one of the Florida Keys' most desirable boating communities. Current Insurances are very reasonable:$3,841 Flood (Covers both sides)576 $4,303 Wind 574 $4,129 Wind576 $860 HO/Liability 574 $721 HO/Liabilty(Pictures are of 576 99th, 574 is the same layout/finishes. Access can be arranged)
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  • MLS#: 619866 ( Townhome )
  • Street Address: 574 & 576 99th Street Ocean
  • Viewed: 1
  • Price: $1,400,000
  • Price sqft: $755
  • Waterfront: Yes
  • Waterfront Type: Canal Front
  • Year Built: 1959
  • Bldg sqft: 1854
  • Bedrooms: 4
  • Total Baths: 4
  • Full Baths: 4
  • Days On Market: 3
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Features
Building and Construction
  • Absolute Longitude: 81.043801
  • Construction: CBS
  • Floor: Tile
  • Porchbalcony: Patio
  • Roof: Other Roof
  • Sqft Source: Property Data Card
Property Information
  • Property Condition: Updated/Remodeled
  • Property Group Id: 19990816212109142258000000
Garage and Parking
  • Vehicle Storage: Carport, Covered Parking, Off Street Parking
Eco-Communities
  • Off Shore Island: No
  • Water View: Canal View
Utilities
  • Cooling: Central Air
  • Gf Interior Features: Tankless Hot Wtr Htr
  • Heating: Central
  • Pets: Pets Allowed
  • Pub Sewer Hkup: Yes
  • Utilities: Buyer to Verify
  • Windowsdoors: Impact Rstnce Window, Impact Rstnce Doors
Amenities
  • Neighborhood Feature: Airstrip, Bike Paths
Finance and Tax Information
  • Association Info Association Fee: 0.00
  • Fee Includes: None
  • Tax Year: 2025
Rental Information
  • Min Rental Days: 7.00
  • Rentals Allowed: Yes
Other Features
  • Alternate Key Num: 00351980-000100
  • Appliances: Washer, Stainless Steel Appliance(s), Disposal, Microwave, Range, Refrigerator, Dishwasher
  • As Is Rght To Inspct: Yes
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: No
  • Deed Restrictions: No
  • Dockage Dock Length: 60
  • Dockage Seawall: Concrete
  • Flood Zone: AE 7
  • Furnished: Furnished, Partially
  • Interior Features: Granite Counter Top
  • Mile Marker: 52.00
  • Parcel Num: 00351980-000100
  • Side: Ocean
  • Style: Duplex
  • Zoning: RH - Residential High
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Wade M. Berlin