Marathon, FL 33050

$3,100,000
Property Type: Commercial Sale Lot Size (sq. ft.): 80,400 Status: Active
Current Price: $3,100,000 List Date: 5/21/2025 Last Modified: 11/21/2025

Description

Unlock the potential of a rare waterfront asset in the Florida Keys. Positioned directly on Overseas Highway in Marathon, this property offers the foundation for a high-impact commercial or mixed-use redevelopment. Key features include very large parcel of commercial land and ~3.0 acres of submerged Bay Bottom-valuable for marine operations or added water access. Utility ready with electric and sewer connections in place. Existing dock is 150 ft. long, strong waterfront rights for boating, retail, or hospitality integration. This property sits in a high visibility, high traffic corridor with strong tourism and marine commerce potential. Whether you're targeting a boutique resort, marina operation, restaurant/bar, or mixed use development, this site offers a flexible canvas with real upside. Location. Access. Waterfront. Infrastructure. It's all here ready for your vision.

More Information MLS# 615114

Contract Information

Current Price: $3,100,000 Listing Date: 2025-05-21 Listing Board: Marathon/Lower Keys List Price: $3,100,000 Limited Representation: No Potential Short Sale: No Bank Owned: No

Location Tax Legal

Key/Island: Marathon State/Province: FL Zip Code: 33050 Subdivision: Driftwood Estates (54.0) County: Monroe Area: 18 - East of Holiday Inn US #1 & Coco Plum

General Property Description

Realtor.COM Type: Commercial Style: Commercial Lot Size: 120 x 670 Lot SqFt: 80400 Waterfront: Yes Control Depth: 6 Business Name: LAMA REAL ESTATE MAN SqFt Source: Property Data Card Year Built: 1963

Status Change Info

Status: Active

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Dockage

Dock: Wood Dock Length: 150 Dock Permit: Yes

Financial Status

Bank Owned: No Potential Short Sale: No

Property Features

Deed Restrictions: Unknown Type: Boat Care; Boat Sales/Service; Other Comrcl Style Waterfront: Oceanfront; Open Water Waterview: Harbor/Marina View; Ocean View; Open Water View Vehicle Storage: Common Parking; Guest Parking; Trailer Storage Utilities: Buyer to Verify; FKAA; Sewer Available Appliances: No Appliances Miscellaneous: High Traffc Location; High Visibility; Highway Frontage; Open Water View Construction: Concrete Land Size: 2 Less Than 5 Acres Fee Includes: None Title: Negotiable Property Rights: Multi-Use/Commercial
Listing Office: Engel & Völkers Marathon
Last Updated: November - 21 - 2025
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.