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Address Not Available By Request

Marathon, FL 33050
  • $4,900,000
  • STATUS: Active
  • ON SITE: 330 Days
  • MLS #: 615112
UPDATED: 80 min ago
$4,900,000
  • 4
    BEDS
  • 3.69
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Ratings & Info

Description

Unlock the full potential of the Florida Keys commercial market with this offering of a rare combined set of parcels including Lot 2 & Lot 3 on Overseas Highway, and an additional parcel of ~3.0 acres of submerged bay bottom located in the heart of Marathon. These adjacent parcels and bay bottom present a unique opportunity for developers, investors, or end-users seeking high-traffic frontage, open-water access, and bay bottom rights. Property is zone Mixed Use Commercial (MU-C). Currently has two concrete dwellings on-site with 3 building rights, deep water access, and dockage. Direct open water with panoramic views and potential for dock development, boating, or a water sport business. Ideal for possible hotel/motel, retail, restaurant, marina, or mixed-use commercial ventures (subject to city approval). High visibility corridor daily on US-1/Overseas Highway. Benefit from strong foot traffic and year-round visitors. Ownership of the bay bottom opens unique possibilities for water-related commercial activity. Rare opportunity to acquire two contiguous parcels with waterfront, bay bottom rights, four dwelling rights and highway presence. Whether you're envisioning a boutique resort, a landmark restaurant on the water, or a marine-focused business, this combined site offers everything you need - land, location, and lifestyle.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Beach Club Brokers are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.kwrealhomesforsale.com/homes/164064932
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Address Not Available By Request Marathon, FL 33050

  • Price: $4,900,000
  • Status: Active
  • On Site: 330 Days
  • Updated: 80 min ago
  • MLS #: 615112
4
Beds
4
Baths
0
½ Baths
3.69
Acres
1950
Built
Neighborhood:
Driftwood Estates (54.0)
County:
Monroe
Area:
18 - East Of Holiday Inn Us #1 & Coco Plum
Property Description
Unlock the full potential of the Florida Keys commercial market with this offering of a rare combined set of parcels including Lot 2 & Lot 3 on Overseas Highway, and an additional parcel of ~3.0 acres of submerged bay bottom located in the heart of Marathon. These adjacent parcels and bay bottom present a unique opportunity for developers, investors, or end-users seeking high-traffic frontage, open-water access, and bay bottom rights. Property is zone Mixed Use Commercial (MU-C). Currently has two concrete dwellings on-site with 3 building rights, deep water access, and dockage. Direct open water with panoramic views and potential for dock development, boating, or a water sport business. Ideal for possible hotel/motel, retail, restaurant, marina, or mixed-use commercial ventures (subject to city approval). High visibility corridor daily on US-1/Overseas Highway. Benefit from strong foot traffic and year-round visitors. Ownership of the bay bottom opens unique possibilities for water-related commercial activity. Rare opportunity to acquire two contiguous parcels with waterfront, bay bottom rights, four dwelling rights and highway presence. Whether you're envisioning a boutique resort, a landmark restaurant on the water, or a marine-focused business, this combined site offers everything you need - land, location, and lifestyle.
Exterior Features

Attached Garage YN No Construction Materials Concrete Dock Wood Dock Length 150 Dock Permit Yes Exterior Features [] Parking Features Storage Roof Concrete RoofCombo RoofOther Roof Vehicle Storage Common ParkingGuest ParkingTrailer Storage View [] Waterview Open Water ViewOcean ViewHarbor/Marina View Window Features [] Windows Doors Other Windows/Doors

Interior Features

Appliances RefrigeratorRange Cooling Wall/Window Unit(s)Ceiling Fans(s) Cooling YN Yes Flooring [] Interior Features [] Number Of Efficiencies 2 Number Of Kitchens 4

Property Features

Additional Parcels Description 00100230-000000 Association Fee Includes None Association YN No Association1st Right Of Refusal No Bank Owned No Business Type MarinaOtherBoat CareBoat Sales/Service Control Depth 6 Deed Restrictions Unknown Electric [] Flood Zone AEAE Frontage Type [] Land Size 2 Less Than 5 Acres Listing Terms [] Marathon Nbhd Coco Plum Mile Marker 54 Miscellaneous Residence on PremiseFencingHigh Traffc LocationHigh VisibilityHighway Frontage Number Of Separate Electric Meters 1 Number Of Separate Water Meters 1 Potential Short Sale No Property Rights Transfer Bldg RightsMulti-Use/Commercial Property Sub Type Commercial Special Licenses [] Tax Annual Amount 22827.23 Tax Legal Description LOT 3 DRIFTWOOD ESTATES PB2-132 FAT DEER KEY OR527-841 OR886-957 OR1068-1148 OR1159-280 OR1159-1004 OR1273-115 OR1599-1 Tax Year 2024 Tenant Pays [] Title Negotiable Utilities [] Utilities Info FKAAMunicipal SewerSewer AvailableBuyer to VerifySeparate Meters Waterfrnt Yes Waterfront OceanfrontOpen Water Waterfront Features [] Waterfront YN Yes Zoning MU - Mixed Use Commercial Mixed Use

Listing courtesy of Stephany Duvall of Engel & Völkers Marathon: .


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Beach Club Brokers are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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