Oasis By The Bay - Residential Project 2 Properties Offered at $27,429,829 CAD in Marathon, FL

Oasis By the Bay residential project consists of 14 homesites with an approved dock with 14 boat slips. The homes and lots are situated on a private cul-de-sac road, making this an enclave to paradise. 10 homes home sites are on the bay. The property has a total of 15 TBRs - 14 TBRs are allocated, the extra TBR is valuable and can be sold or transferred. Includes newly finished 14-slip dock with water and electricity to each slip. The project includes 2 acres of submerged land which is an important asset to the project, the submerged land avoids having to negotiate and maintain a long-term lease with the State for use of the submerged land for the dock.
Project has all utilities (Public water, Public sewer and electric) now installed along with on-site drainage. Units 9 and 10 Have just been completed September of 2025 and have Certificate of Occupancy.
The revenue expectation is as follows:

Completed Gulf front units 9 & 10 - $3,500,000 each Total revenue = $ 7,000,000
Remaining 8 Gulf front parcels w/docks $1,975,000 each Total revenue = $15,800,000
4 parcels in back $850,000 each Total revenue = $ 3,400,000
Total Project = $26,200,000

We are prepared to sell the entire project with all plans, permits, etc. for the project at a 25% discount on the expected revenue shown above, asking price of $19,650,000 this will allow your client to capture $6,550,000 on the existing land and buildings while retaining 100% of the profit potential on the construction of the remaining 12 homes.
Excellent investment opportunity for weekly rental community in highly sought after area. The City allows short term rentals.