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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.
