10999 Ave 3rd Avenue, Marathon, FL 33050 — MLS photo

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10999 Ave 3rd Avenue, Marathon, FL 33050

Active · SingleFamilyResidence

$1,700,000

10999 Ave 3rd Avenue, Marathon, FL 33050

Beds
2
Baths
3
Living area
1,247 sq ft
$ / sq ft
$1,363/sq ft
Year built
1977
Lot size
10,125 sq ft
HOA fee
—
Annual tax
$10,682

About this property

Unapproved Short Sale for Non-Conforming 2 Bed/3 Bath Waterfront Home in Marathon. Large corner lot with 205 feet of water frontage. First floor has non-conforming addition of 2 bedrooms and living area. Second floor nicely updated with renovated kitchen, baths and impact windows throughout.

Interior & exterior features

Appliances

  • Dishwasher
  • Electric Range
  • Refrigerator
  • Washer

Cooling

  • Central Air
  • Electric

Heating

  • Central
  • Electric

Views

  • Canal

Waterfront

  • Canal Front
  • Intersecting Canal
  • Ocean Access

Parking

  • Driveway

Interior features

  • Upper Level Primary

Exterior features

  • Balcony
  • Security High Impact Doors

Pool

  • Pool

roof

  • Metal

construction

  • Block

association_amenities

  • Boat Dock
  • None
  • Pool

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

-$3,713

Cap rate
3.1%
Net yield
3.1%
Cash-on-cash return
-9.4%
Gross yield
4.9%
Mortgage payment
$8,059/mo
Down payment
$425,000
Loan amount
$1,275,000
Annual NOI
$52,154

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