1090 Overseas Highway, Marathon, FL 33050
$3,000,000
Property Type:
Commercial
Baths:
1
Lot Size (sq. ft.):
54,768
Status:
Closed
Current Price:
$3,000,000
List Date:
10/20/2021
Last Modified:
9/09/2024
Description
Back on market! Listed Approx $250,000 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 8,332 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 lobster traps within 75 ft of NE property line. Prior to 2014 fire, property had a 150 seat restaurant and office.
More Information MLS# 594979
Contract Information
Listing Board: Marathon/Lower Keys
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
For Sale/Lease: For Sale
Species List: No
Current Price: $3,000,000
Listing Date: 2021-03-04
Sold Price: $3,000,000
Location, Tax & Legal
City: MARATHON
Mile Marker: 47.5
Marathon Neighborhood: Old Town West (11th to 25th)
Side: Bay/Gulf
Alternate Key #: 00101780-000100
Parcel #: 00101780-00010000
Add'l Parcel #2: 00101780-00020000
Zoning: MU - M - Mixed Use - Maritime
Taxes: 18087.42
Tax Year: 2020
Street #: 1090
Street Name: Overseas
Street Suffix: Highway
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
Subdivision: Riggs Sub (47.5)
County: Monroe
Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
General Property Description
Realtor.COM Type: Commercial
Waterfront: Yes
Control Depth: 3
Lot Size: 1.26 acres
Lot SqFt: 54768
Style: Commercial
Year Built: 1958
Full Baths: 1
Total Baths: 1
Remarks & Misc
Remarks – Consumer: Back on market! Listed Approx $250,000 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 8,332 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 lobster traps within 75 ft of NE property line. Prior to 2014 fire, property had a 150 seat restaurant and office.
Directions: Located at mile marker 47.5 on the gulf/bay side
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Type
Boat Sales/Service: 1
Marina: 1
Restaurant: 1
Retail: 1
Other Services: 1
Fee Includes
None: 1
Dockage
Dock: Concrete
Seawall: Concrete
Appliances
No Appliances: 1
Waterfront
Gulf Front: 1
Waterview
Bay/Gulf View: 1
Harbor/Marina View: 1
Construction
Other: 1
Land Size
1 Less Than 2 Acres: 1
Utilities
Buyer to Verify: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Sold Date: 2021-12-29
Sold Price: $3,000,000
Status: Closed
Property Features
Type: Boat Sales/Service; Marina; Restaurant; Retail; Other Services
Waterfront: Gulf Front
Waterview: Bay/Gulf View; Harbor/Marina View
Utilities: Buyer to Verify
Appliances: No Appliances
Construction: Other
Land Size: 1 Less Than 2 Acres
Fee Includes: None
Listing Office:
Keys Realty LLC
Last Updated: September - 09 - 2024
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