1090 Overseas Highway, Marathon, FL 33050 (MLS# 594979)

1090 Overseas Highway, Marathon, FL 33050

$3,000,000

Property Type: Commercial Sale 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

Overview

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.

Listing Details MLS# 594979

Location, Tax & Legal

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

Contract Information

Listing Board: Marathon/Lower Keys
Limited Representation: No
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
Species List: No

General Property Description

Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 54768
Waterfront: Yes
Control Depth: 3
Year Built: 1958
Full Baths: Yes
Total Baths: Yes

Status Change Info

Under Contract Date: 2021-11-18
Leased Date: 2021-12-29

Association Info

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

Dockage

Dock: Concrete
Seawall: Concrete

More Information

Financial Status

Bank Owned: No
Potential Short Sale: No

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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