Marathon, FL 33050
Marathon, FL 33050
Marathon, FL 33050
Marathon, FL 33050
Marathon, FL 33050
Marathon, FL 33050
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Amy Bruggeman

Amy Bruggeman

+1(305) 619-0818
Listed by Stephany Duvall Engel & Völkers Marathon
$ 4,900,000
Est. payment | /mo

4 Beds

4 Baths

3.69 Acres Lot

Save
$ 4,900,000
Est. payment | /mo
Save

4 Beds

4 Baths

3.69 Acres Lot

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Driftwood Estates (54.0)

MLS Listing ID 615112

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 1950

Annual Tax Amount $22,827

Tax Year 2024

Lot Size 3.691 Acres

Acres 3.69

Lot Dimensions 670 x 240

Property Sub-Type Commercial

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.

Location

State FL

County Monroe

Area 18 - East Of Holiday Inn Us #1 & Coco Plum

Zoning MU - Mixed Use Commercial Mixed Use

Direction Please use entrance off of Overseas Highway, 13755 with permission from the agent and seller.

Interior

Cooling Wall/Window Unit(s), Ceiling Fans(s)

Window Features Other Windows/Doors

Appliance Range, Refrigerator

Exterior

Parking Features Trailer Storage, Common Parking, Guest

Utilities Available FKAA, Municipal Sewer, Separate Meters, Buyer To Verify, Sewer Available

Waterfront Description Oceanfront, Open Water

Roof Type Combo Roof, Concrete Roof, Other Roof

Garage No

Others

HOA Fee Include None

Miscellaneous High Visibility, Highway Frontage, High Traffic Location, Residence on Premise, Fencing

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