1655 Overseas Highway, Marathon, FL 33050 (MLS# 578383)

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

Overview

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.

Listing Details MLS# 578383

Location, Tax & Legal

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

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: Residential Income
Lot SqFt: 18685
Waterfront: No
Building SqFt: 11005
SqFt Source: Tax Records
Living Apx SqFt: 877
Year Built: 1954
Total Bedrooms: 18
Full Baths: 18
Half Baths: Yes
Total Baths: 18.1

Status Change Info

Under Contract Date: 2018-03-22
Leased Date: 2018-08-17
Sold Comments: 18 Market Rate Building Rights did not convey

Association Info

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

Property Info

# Kitchens: 18
# Efficiencies: 2
1 Bed/Bath: 8
2 Bed/Bath: 8

More Information

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

Last Updated: December - 03 - 2025

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