$3,150,000

1090 Overseas Highway

Marathon FL, 33050

Description

Listed $50,000 under appraised value. Rare opportunity to purchase the Historic 7 Mile Marina less than a mile from 7 Mile Bridge with over 360ft of US-1 frontage! Commercial property consists of protected marina, 3,600 sqft building. Marathon approved transferable building rights allowing 9,332 of commercial floor area, two tax keys totaling +/- 54,768 sqft or 1.25 acres. Property being sold ''AS IS'' no warranties or representations and no leases. Includes a deed restriction for neighboring property not to store straps within 75 ft of NE property line. Prior to 2014 fire, property had a 150 seat restaurant and office.

Details

MLS#590081
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1958
Days On Site268

Features

ZoningMU - M - Mixed Use - Maritime

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:
$3,150,000
low | high
Med:
$449,000
100% of Average
On Site:
268
low | high
Med:
291.5
91.938250428816% of Average
Listing Updated: November 25, 2020 8:09:09 PM PST
Steven Bielik LogoMLS Number: 590081
Listing Provided By:
Steven Bielik  of  Keys Realty LLC