$1,299,000

1240 Overseas Highway

Marathon FL, 33050

Description

This is your chance to own a piece of Keys History! The Historic 7 Mile Grill, a landmark waterfront restaurant established in the early 1950's can be yours! The turnkey operation includes a 74 seat restaurant, 360 Sq Ft Mobile Home w/ transferrable building right, as well as 149' of deep water dockage for fishing charters or boat rentals with the possibility to add 8 new slips. Prime location on US1 with charter boats next door and 3 new waterfront hotels within a short walking distance, including a soon to be open world-class oceanfront resort across the street. Excellent income and a great investment opportunity!

Details

MLS#582622
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1944
Days On Site514

Features

SQ Feet2,192
Story(s)1
ZoningMU - Mixed Use Commercial Mixed

Market Activity 33050

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Area Information

StateFL
CountyMonroe
CityMarathon
Zip Code33050
AreaMiddle Keys
SubareaOutside of Key West
Listing VS Median (in 33050)
Price:
$1,299,000
low | high
Med:
$485,000
100% of Average
SqFt:
2,192
low | high
Med:
1,456
83.576642335766% of Average
$ / SqFt:
$593
low | high
Med:
$333
93.790235938042% of Average
On Site:
514
low | high
Med:
299
100% of Average
Listing Updated: 04/01/2020