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Address Not Available By Request

Marathon, FL 33050
  • $4,900,000
  • STATUS: Active
  • ON SITE: 335 Days
  • MLS #: 615454
UPDATED: 40 min ago
$4,900,000
  • 0
    BEDS
  • 3.69
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

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.

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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/164949177
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Address Not Available By Request Marathon, FL 33050

  • Price: $4,900,000
  • Status: Active
  • On Site: 335 Days
  • Updated: 40 min ago
  • MLS #: 615454
0
Beds
0
Baths
0
½ Baths
3.69
Acres
Neighborhood:
Driftwood Estates (54.0)
County:
Monroe
Area:
18 - East Of Holiday Inn Us #1 & Coco Plum
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.
Exterior Features

Dock Wood Dock Length 150 Exterior Features [] View [] Waterview Open Water View

Property Features

Additional Parcels Description 00100230-000000 Assoc1st Right Of Refusal No Association YN No Bank Owned No Community Features [] Control Depth 6 Deed Restricts Unknown Electric Electric on Site Existing Utilities Electric on SiteSewerWater Meter Flood Zone AEAE Frontage Type [] Green Energy Generation [] Land Size 2 Less Than 5 Acres Listing Terms [] Lot Features Highway FrontageWater Frontage Marathon Nbhd Coco Plum Mile Marker 54 Mobile Home Lot No Potential Short Sale No Property Rights Transfer Bldg Rights Security Features No Security Tax Annual Amount 22827 Tax Legal Description LOT 3 DRIFTWOOD ESTATES PB2-132 FAT DEER KEY OR527-841 OR886-957 OR1068-1148 OR1159-280 OR1159-1004 OR1273-115 OR1599-19 Tax Year 2024 Title Negotiable Total Lots 3 Utilities [] Waterfrnt Yes Waterfront Open Water Waterfront Features [] Waterfront YN Yes Zoning MU - Mixed Use Commercial Mixed Use

Listing courtesy of Stephany Duvall of Engel & Völkers Marathon: .


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