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38 Coco Plum Drive

Marathon, FL 33050
  • $4,950,000
  • STATUS: Active Under Contract
  • ON SITE: 364 Days
  • MLS #: 614960
Under Contract
UPDATED: 6 min ago
$4,950,000
  • 0
    BEDS
  • 0.69
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 5,439
    SQFT
  • $910
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1994
County:

School Ratings & Info

Description

Exceptional commercial waterfront opportunity in the heart of Marathon. This prime commercial property consists of five contiguous lots totaling approximately 30,000 square feet, with 300' on Coco Plum Dr and 300 feet of waterfront. The property includes 18 boat slips with a control depth of approximately 5 feet, offering outstanding maritime access and functionality. Zoned MU-M (Multi-Use Maritime), this versatile zoning allows for a broad range of uses including maritime industry operations such as fishing equipment sales and service, seafood processing, marine-related manufacturing, and boat storage. Additional permitted uses include retail, restaurant, affordable housing, and residential development, making this a uniquely flexible investment property. Parcel IDs include: 00362930, 00362940, 00362950, 00362960, and 00362970. The seller will provide a complete list of all personal property included in the sale, including major furniture, fixtures, and equipment. This is a rare opportunity to acquire a substantial, high-exposure commercial property with extensive waterfront and mixed-use potential in one of the most desirable areas of the Florida Keys.

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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 Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.buyinthekeys.com/homes/163570285
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38 Coco Plum Drive Marathon, FL 33050

  • Price: $4,950,000
  • Status: Active Under Contract
  • On Site: 364 Days
  • Updated: 6 min ago
  • MLS #: 614960
0
Beds
1
Baths
0
½ Baths
0.69
Acres
5,439
SQFT
$910
$/SQFT
1994
Built
Neighborhood:
Coco Plum Beach (54.5)
County:
Monroe
Area:
18 - East Of Holiday Inn Us #1 & Coco Plum
Property Description
Exceptional commercial waterfront opportunity in the heart of Marathon. This prime commercial property consists of five contiguous lots totaling approximately 30,000 square feet, with 300' on Coco Plum Dr and 300 feet of waterfront. The property includes 18 boat slips with a control depth of approximately 5 feet, offering outstanding maritime access and functionality. Zoned MU-M (Multi-Use Maritime), this versatile zoning allows for a broad range of uses including maritime industry operations such as fishing equipment sales and service, seafood processing, marine-related manufacturing, and boat storage. Additional permitted uses include retail, restaurant, affordable housing, and residential development, making this a uniquely flexible investment property. Parcel IDs include: 00362930, 00362940, 00362950, 00362960, and 00362970. The seller will provide a complete list of all personal property included in the sale, including major furniture, fixtures, and equipment. This is a rare opportunity to acquire a substantial, high-exposure commercial property with extensive waterfront and mixed-use potential in one of the most desirable areas of the Florida Keys.
Exterior Features

Construction Materials CBS Dockage Other Dockage Exterior Features [] Parking Features [] Roof Concrete Roof Stories 1 View [] Waterview Open Water View Window Features []

Interior Features

Appliances Refrigerator Cooling [] Flooring Concrete Heating Other Heating YN True Interior Features []

Property Features

Association Fee Includes None Association YN No Association1st Right Of Refusal No Bank Owned No Business Type MarinaBoat CareBoat Sales/ServiceOther Services Control Depth 5 Electric [] Flood Zone AE For Sale Lease For Sale Frontage Type [] Land Size 1/2 - Less Than 1 AC Listing Terms [] Marathon Nbhd Coco Plum Mile Marker 54.5 Miscellaneous StorageLoading DockHigh VisibilityHighway FrontageOpen Water View Number Of Boat Slips 18 Potential Short Sale No Property Sub Type Commercial Special Licenses [] Tax Annual Amount 22621.34 Tax Legal Description BK 1 LT 14 COCO PLUM BEACH PB4-166 FAT DEER KEY OR580-134 OR584-174 OR2799-1322/23ORD OR2842-1508/09 OR2956-1161 OR2956 Tax Year 2025 Tenant Pays [] Utilities [] Utilities Info Municipal Sewer Waterfrnt Yes Waterfront Open Water Waterfront Features [] Waterfront YN Yes Zoning MU - M - Mixed Use - Maritime

Listing courtesy of Gregory Dully of RE/MAX All Keys Real Estate: 305-451-0060.


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 Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Jamie Engel & The Florida Keys Home Team | Coldwell Banker Schmitt Real Estate Co
85996 Overseas Highway
Islamorada FL, 33036