7537 Overseas Highway
Marathon, FL 33050

$3,900,000

Description

Located in the heart of Marathon in the Florida Keys, this large corner lot positioned property contains over 71,000 sq. ft. of land area and two structures totaling 6,750 sq. ft. of enclosed space with additional open air tiki leasable area making a total leasable area of at least 7,450 sq. ft. Formerly operated as a plant nursery and large restaurant/bar. The property is governed by Mixed Use zoning, allowing for a wide range use and development. Included with the sale is 4 market rate residential development rights. Large signage on site with 230 +/- linear feet of US 1. Frontage and recorded DOT daily traffic of 31,000. Possible Seller Financing.

Details

MLS#584882
StyleRetail
Sub-TypeResale
StatusActive
Year1991
Days On Site147

Features

SQ Feet6,750
Story(s)2
ZoningMU - Mixed Use Commercial Mixed

Market Activity 33050

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Area Information

StateFL
CountyMonroe
CityMarathon
Zip Code33050
AreaMiddle Keys
Listing VS Median (in 33050)
Price:
$3,900,000
low | high
Med:
$488,750
100% of Average
SqFt:
6,750
low | high
Med:
480
100% of Average
$ / SqFt:
$578
low | high
Med:
$254
100% of Average
On Site:
147
low | high
Med:
327.5
44.885496183206% of Average
Listing Updated: 08/18/2019
MLS Number: 584882
Listing Provided By:
Jody Owen  of  Berkshire Hathaway HomeServices Keys Real Estate