Marathon, FL 33050 — MLS photo

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Marathon, FL 33050

Active · Office

$1,100,000

Marathon, FL 33050

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
—
Lot size
17,095 sq ft
HOA fee
—
Annual tax
—

About this property

FOR SALE OR LEASE COMMERCIAL CONDOMINIUM Suite Size: ± 4,139 SF Units are divisible and contain separate entrances • Unit 16: ± 700 SF • Unit 17: ± 3,440 SF Zoning: MU - Mixed Use Commercial Parking: 14 Spaces @ 1: 300 SF Total Building Parking: 60 Spaces Building Area: ± 17,095 SF Year Built: 1978 Property Taxes: $1,050 per year Operating Expenses: $1,781.00 per month • Fully improved medical suite adaptable for a variety of medical specialties • Multiple exam rooms, lab & diagnostic rooms, offices, conference rooms, staff and guest areas • Suitable for professional offices and retail services in a high-traffic business location • Well-maintained by current ownership • Ready for immediate operation with only cosmetic improvements or minor changes, avoiding increased material costs and permitting delays

Property location

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Marathon, FL 33050

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
Office
Lot size
17,095 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Monroe
MLS listing ID
A11889293
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$2,153

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$5,215/mo
Down payment
$275,000
Loan amount
$825,000
Annual NOI
$36,740

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.