1655 Overseas Highway, Marathon, FL 33050
$770,000
Property Type:
Commercial Sale
Bedrooms:
18
Baths:
18.1
Square Footage:
877
Lot Size (sq. ft.):
18,685
Status:
Closed
Current Price:
$770,000
List Date:
1/23/2018
Last Modified:
12/03/2025
Description
Commercial opportunity in the Middle Keys for renovation or redevelopment. Great US1 exposure with commercial/retail space and residential units. 18 market rate building allocations. Zoned MU- Commercial. 6 separate buildings: 4 apartment buildings with 4 apartments each, 1 building on US1 with retail space and 2 studio efficiencies and 1 maintenance building at rear of property. 18 residential units total. Vacant property, has not been inhabited since 2015.
More Information MLS# 578383
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: $770,000
Listing Date: 2018-01-23
Sold Price: $770,000
Location, Tax & Legal
City: MARATHON
Mile Marker: 48
Side: Ocean
Flood Zone: AE,AE
Alternate Key #: 1400777
Parcel #: 00326650-000000
Zoning: MU - Mixed Use Commercial Mixed Use
Legal: BK 1 NLY 250FT LT 22 AND NLY 250FT OF W1/2 LT 21 PARRISH SUB MARATHON SUB SUB OF GOV LT 2 SEC 9 TWP 66 S RGE PB2-18 OR52
Taxes: 21176.45
Tax Year: 2016
Street #: 1655
Street Name: Overseas
Street Suffix: Highway
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
Subdivision: Parrish Sub (48.0)
County: Monroe
Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
General Property Description
Realtor.COM Type: Commercial
Waterfront: No
Control Depth: 0
Lot SqFt: 18685
Total Units: 0
SqFt Source: Tax Records
Building SqFt: 11005
Style: Residential Income
Living Apx SqFt: 877
Year Built: 1954
Total Bedrooms: 18
Full Baths: 18
Half Baths: 1
Total Baths: 18.1
Remarks & Misc
Remarks – Consumer: Commercial opportunity in the Middle Keys for renovation or redevelopment. Great US1 exposure with commercial/retail space and residential units. 18 market rate building allocations. Zoned MU- Commercial. 6 separate buildings: 4 apartment buildings with 4 apartments each, 1 building on US1 with retail space and 2 studio efficiencies and 1 maintenance building at rear of property. 18 residential units total. Vacant property, has not been inhabited since 2015.
Directions: Mile Marker 48 in Marathon, directly off US1. Across the street from Blue-Green The Hammocks.
Status Change Info
Sold Comments: 18 Market Rate Building Rights did not convey
Sold Date: 2018-08-17
Sold Price: $770,000
Status: Closed
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Type
Apartment 3 or more: 1
Fee Includes
None: 1
Dockage
None: 1
Appliances
No Appliances: 1
Property Info
# Kitchens: 18
# Efficiencies: 2
1 Bed/Bath: 8
2 Bed/Bath: 8
Waterfront
None: 1
Waterview
No Waterview: 1
Vehicle Storage
Guest Parking: 1
Off Street Parking: 1
Construction
CBS: 1
Land Size
1/4 - 1/2 Acre: 1
Terms
Buyer Obtain Finance: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Title
Negotiable: 1
Property Rights
Transfer Bldg Rights: 1
Miscellaneous
Pool: 1
Roof
Combo Roof: 1
Tile Roof: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Property Features
Type: Apartment 3 or more
Waterfront: None
Waterview: No Waterview
Dockage: None
Vehicle Storage: Guest Parking; Off Street Parking
Utilities: FKAA; Municipal Sewer
Appliances: No Appliances
Miscellaneous: Pool
Construction: CBS
Roof: Combo Roof; Tile Roof
Land Size: 1/4 - 1/2 Acre
Fee Includes: None
Terms: Buyer Obtain Finance
Title: Negotiable
Property Rights: Transfer Bldg Rights
Listing Office:
Ocean Sotheby's International Realty
Last Updated: December - 03 - 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.