$8,250,000

6500 Overseas Highway

Marathon FL, 33050

Description

The subject property is located in the heart of Marathon, Florida at 6500 Overseas Highway. The property is currently a private estate with concrete wall and double gated entrances. Approximately 540 linear feet of Highway frontage and approximately 695 linear feet of water frontage (including cut-in boat slip). The property is vested with 5 Market Rate Transferable Building Rights and 1 Commercial Transferable Building Right of 1,836 SF. A letter of verification of rights from the City of Marathon is attached. FDOT recorded daily traffic count of 31,500.

Details

MLS#579071
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site815

Features

ZoningMU - Mixed Use Commercial Mixed
Acreage3.86
Water FrontOpen Water
Property ViewYes

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:
$8,250,000
low | high
Med:
$452,000
100% of Average
On Site:
815
low | high
Med:
15
100% of Average
Listing Updated: 05/27/2020
MLS Number: 579071
Listing Provided By:
Jody Owen  of  Berkshire Hathaway HomeServices Keys Real Estate