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6200 Overseas Highway

Marathon, FL 33050
  • $7,900,000
  • STATUS: Active
  • ON SITE: 114 Days
  • MLS #: 603218
$7,900,000
  • 9
    BEDS
  • 8.64
    ACRES
  • 9
    BATHS
  • 0
    1/2 BATHS
  • 5,242
    SQFT
  • $1,507
    $/SQFT
Type:
Multi-Family
Built:
1953
County:

School Ratings & Info

Description

Development opportunity! 20 parcels consisting largely of Mixed-use commercial zoning and some residential. Any strictly commercial use such as a marina, office, restaurant, or retail use would not require TBR's. There is an abundance of commercial square footage in Marathon which could allow a significant development. Property has 500 ft of US 1 frontage with over 600 ft of shoreline on the Gulf of Mexico. Site contains 9 units/development rights consisting of 6 transient and 3 market rates. Surveys available, lot is partially cleared with 2019 Vegetation survey on file. Close to multiple national tenants and located on Direct open water. Site has no medians on its US1 corridor, and a turning lane runs the entire 500 ft. Protected dockage and High Visibility both North and South make this a quality site for National tenants. There is currently multi-unit housing located on site, No leases in place everything month to month. Property is approx. 8 acres plus or minus. Survey, Veg Survey, Determination letter, Letter of site condition available upon request. Property is suited for residential and commercial development, with several single-family home lots on the west side and acres of Mixed use spanning across US1. An affordable housing component is also possible subject to the availability of any new entitlements.

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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/135024181
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6200 Overseas Highway Marathon, FL 33050

  • Price: $7,900,000
  • Status: Active
  • On Site: 114 Days
  • MLS #: 603218
9
Beds
9
Baths
0
½ Baths
8.64
Acres
5,242
SQFT
$1,507
$/SQFT
1953
Built
Neighborhood:
Casa Manana Shores (50.5)
County:
Monroe
Area:
15 - Sombrero Bch Rd To Vaca Cut Gulfside
Property Description
Development opportunity! 20 parcels consisting largely of Mixed-use commercial zoning and some residential. Any strictly commercial use such as a marina, office, restaurant, or retail use would not require TBR's. There is an abundance of commercial square footage in Marathon which could allow a significant development. Property has 500 ft of US 1 frontage with over 600 ft of shoreline on the Gulf of Mexico. Site contains 9 units/development rights consisting of 6 transient and 3 market rates. Surveys available, lot is partially cleared with 2019 Vegetation survey on file. Close to multiple national tenants and located on Direct open water. Site has no medians on its US1 corridor, and a turning lane runs the entire 500 ft. Protected dockage and High Visibility both North and South make this a quality site for National tenants. There is currently multi-unit housing located on site, No leases in place everything month to month. Property is approx. 8 acres plus or minus. Survey, Veg Survey, Determination letter, Letter of site condition available upon request. Property is suited for residential and commercial development, with several single-family home lots on the west side and acres of Mixed use spanning across US1. An affordable housing component is also possible subject to the availability of any new entitlements.
Exterior Features

Above Flood No Building Style Ground Level Construction Other Dock Length 67 Dockage Basin Land Size 5 Less Than 10 Acres Pool YN No Side Bay/Gulf Style Multi-Units Waterfront Bay FrontGulf FrontOpen Water Waterfront YN Yes Waterview Bay/Gulf ViewOpen Water View

Interior Features

Appliances Other Yes

Property Features

Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal Yes Auction No Bank Owned No Bank Owned Financial Status No City Marathon Control Depth 4 Deed Restrictions Unknown Fee Includes None Flood Zone Ae-8910Ve-12 Listing Board Marathon/Lower Keys Mile Marker 50.50 Min Rental Days 7.00 Neighborhood Features AirstripBeachBike Paths Off Shore Island No Pets Pets Allowed Potential Short Sale No Potential Short Sale Financial Status No Public Sewer Hookup Yes Rentals Allowed Yes Species List Yes Sq Ft Source Tax Records Tax Exemptions None Tax Year 2021 Taxes 120.80 Utilities Elect Separate MeterFkaaMunicipal SewerSewer AvailableWater Separate Meter Zoning Mu - Mixed Use Commercial Mixed Use

Listing courtesy of Samuel Williams of Coldwell Banker Schmitt Real Estate Co.: (305) 743-5181.


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