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 4 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.
Details
| MLS # | 615112 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 32 |
| Listing Provided By | Engel & Völkers Marathon | Stephany Duvall |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 Total |
| Building(s) | 3 |
| Zoning | MU - Mixed Use Commercial Mixed |
| Acreage | 3.69 |
| Water Front | Yes |
| Property View | Harbor, Marina View, Open Water |
Taxes
| Property | 2406 |
|---|
Market Activity 33050
Request a showing
Request a showing
The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Coldwell Banker Schmitt are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.
Contact
Learn More About This Property
| State | FL |
|---|---|
| County | Monroe |
| City | MARATHON |
| Zip Code | 33050 |
| Area | 18 East of Holiday Inn US #1 & Coco Plum |
| Community Name | Driftwood Estates (54.0) |
| Listing VS Median (in Driftwood Estates (54.0)) | |
Price: $6,100,000 low | high Med: $2,200,000 On site: 32 low | high Med: 32.000000 | |
 | $6,995,0000 0Key Largo, FL 33037 |
 | $6,950,0000 0Key Largo, FL 33037 |
 | $5,000,000173xx S 277 StreetHomestead, FL 33031 |
 | $5,000,000248th St Us1Miami, FL 33032 |
The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Coldwell Banker Schmitt are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.
