1 Kyle Way S

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1 Kyle Way S

Marathon, FL 33050
Asking Price
$1.45M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for purchase in Marathon, Florida.
  • The property is listed at an asking price of $1,450,000.
  • Located in the Florida Keys with coordinates 24.7047, -81.1233.
  • This asset is well-positioned within the Monroe County residential market.
  • Multifamily properties in this region serve established housing demand.

What's Special

Multifamily residential housing serves as the primary use case for this apartment building located at 1 Kyle Way S in Marathon, Florida. Situated within the Florida Keys, this property benefits from the region's unique geography and consistent demand for coastal residential units. The Marathon submarket maintains a distinct appeal for both long-term residents and those seeking flexible housing options in this island community. Investors focused on the Monroe County real estate market may find this asset aligns with portfolios targeting stabilized income streams in a supply-constrained environment. Given the steady population characteristics of the Florida Keys and the robust tourism-driven economy of the region, this multifamily building represents a tangible entry point into the local housing sector. Whether managing existing tenancy or assessing future repositioning, this asset provides a direct presence in one of the most geographically concentrated residential markets in the United States.

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NOI
$80,000
Cap Rate
5.52%
DSCR
0.93
Underwater
Cash-on-Cash
-1.40%
Monthly Payment
$7,173.809
Annual Cash Flow
$-6,085.706

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