CUSTOM CONDO REBUILD! Once in a lifetime investment opportunity at Ocean Isles Fishing Village. Condominium units substantially damaged from Hurricane Irma have been demolished and are poised for redevelopment. These original studio apartments are slated to be rebuilt as 2 story 1 bedroom, 1.5 bath elevated apartments totaling approximately 750 sq (375 sq feet per floor). Total estimated cost to rebuild each of the units is $140,000.00. Seller will assign any and all interest in and to insurance proceeds and FEMA funds in the approximate amount of $42,000,$7,250, respectively. These units include all of the amenities associated with the condominium association including, but not limited to, swimming pool, docks,& recreation center. Images are as-is, changes possible during build.

  • MLS# 579995
  • Style Condominium
  • Sub-Type Resale
  • Status Active
  • Year 1962
  • Days On Site 223
Bed(s) 1
Bath(s) 1 Full, 1 Half
SQ Feet 750
Pool Yes
Story(s) 1 Story
Water Front Oceanfront
Listing Provided By:
Kathleen C Morgan  of  Century 21 Schwartz Realty BPK
261-11122018_170815
Ocean6
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Ocean111
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oceanplan111
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oceanplan2
oceanplan3
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oceanplan6
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oceanplan112
this listing $174,500
0.00%
$174,500 in Ocean Isles Fishing (52.5)
this listing 750 SqFt
0.00%
750 SqFt in Ocean Isles Fishing (52.5)
this listing $233 $/SqFt
0.00%
$233 $/SqFt in Ocean Isles Fishing (52.5)
this listing 223 on site
0.00%
223 on site in Ocean Isles Fishing (52.5)

Location

State FL
County Monroe
City Marathon
Zip Code 33050
Area Middle Keys
Community Name Ocean Isles Fishing (52.5)

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