REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Stephany Duvall Engel & Völkers Marathon
$ 4,900,000
Est. payment | /mo
3.69 Acres Lot
$ 4,900,000
Est. payment | /mo
3.69 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Driftwood Estates (54.0)
MLS Listing ID 615454
HOA Y/N No
Annual Tax Amount $22,827
Tax Year 2024
Lot Size 3.691 Acres
Acres 3.69
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.
Exterior
Waterfront Description Open Water
Garage No
Building
Lot Description Water Frontage, Highway Frontage
Others
Miscellaneous Mobile Home Lot
Security Features No Security