38 Coco Plum Drive, Marathon, FL 33050
$4,950,000
Property Type:
Commercial Sale
Baths:
1
Square Footage:
5,439
Lot Size (sq. ft.):
30,000
Status:
Contingent
Current Price:
$4,950,000
List Date:
5/09/2025
Last Modified:
1/08/2026
Listing Details MLS# 614960
Location, Tax & Legal
- Street #
- 38
- Street Name
- Coco Plum
- Street Suffix
- Drive
- Key/Island
- Marathon
- State/Province
- FL
- Zip Code
- 33050
- Subdivision
- Coco Plum Beach (54.5)
- County
- Monroe
- Area
- 18 - East of Holiday Inn US #1 & Coco Plum
- City
- MARATHON
- Mile Marker
- 54.5
- Marathon Neighborhood
- Coco Plum
- Side
- Ocean
- Flood Zone
- AE
- Alternate Key #
- 1445011
- Parcel #
- 00362930-000000
- Zoning
- MU - M - Mixed Use - Maritime
- Legal
- BK 1 LT 14 COCO PLUM BEACH PB4-166 FAT DEER KEY OR580-134 OR584-174 OR2799-1322/23ORD OR2842-1508/09 OR2956-1161 OR2956
- Taxes
- 22621.34
- Tax Year
- 2025
Contract Information
- Listing Board
- Florida Keys
- Limited Representation
- No
- For Sale/Lease
- For Sale
- Potential Short Sale
- No
- Bank Owned
- No
General Property Description
- Realtor.COM Type
- Commercial
- Style
- Commercial
- Lot SqFt
- 30000
- Waterfront
- Yes
- Control Depth
- 5
- # Stories
- Yes
- Total # Buildings
- Yes
- Building SqFt
- 5439
- SqFt Source
- Tax Records
- Living Apx SqFt
- 5439
- Year Built
- 1994
- Full Baths
- Yes
- Total Baths
- Yes
Status Change Info
- Contingent
- Contingent
Association Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
Property Info
- # Boat Slips
- 18
More Information
Financial Status
- Bank Owned
- No
- Potential Short Sale
- No
Remarks & Misc
- Remarks – Consumer
- Exceptional commercial waterfront opportunity in the heart of Marathon. This prime commercial property consists of five contiguous lots totaling approximately 30,000 square feet, with 300' on Coco Plum Dr and 300 feet of waterfront. The property includes 18 boat slips with a control depth of approximately 5 feet, offering outstanding maritime access and functionality. Zoned MU-M (Multi-Use Maritime), this versatile zoning allows for a broad range of uses including maritime industry operations such as fishing equipment sales and service, seafood processing, marine-related manufacturing, and boat storage. Additional permitted uses include retail, restaurant, affordable housing, and residential development, making this a uniquely flexible investment property. Parcel IDs include: 00362930, 00362940, 00362950, 00362960, and 00362970. The seller will provide a complete list of all personal property included in the sale, including major furniture, fixtures, and equipment. This is a rare opportunity to acquire a substantial, high-exposure commercial property with extensive waterfront and mixed-use potential in one of the most desirable areas of the Florida Keys.
- Directions
- Rt1/ Overseas Hwy to Coco Plum
Type
- Boat Care
- Yes
- Boat Sales/Service
- Yes
- Marina
- Yes
- Other Services
- Yes
Fee Includes
- None
- Yes
Dockage
- Other Dockage
- Yes
Appliances
- Refrigerator
- Yes
Heating
- Other
- Yes
Waterfront
- Open Water
- Yes
Waterview
- Open Water View
- Yes
Floor
- Concrete
- Yes
Construction
- CBS
- Yes
Land Size
- 1/2 - Less Than 1 AC
- Yes
Utilities
- Municipal Sewer
- Yes
Miscellaneous
- High Visibility
- Yes
- Highway Frontage
- Yes
- Loading Dock
- Yes
- Open Water View
- Yes
- Storage
- Yes
Roof
- Concrete Roof
- Yes
Property Features
Type:
Boat Care; Boat Sales/Service; Marina; Other Services
Waterfront:
Open Water
Waterview:
Open Water View
Dockage:
Other Dockage
Heating:
Other
Utilities:
Municipal Sewer
Appliances:
Refrigerator
Miscellaneous:
High Visibility; Highway Frontage; Loading Dock; Open Water View; Storage
Construction:
CBS
Floor:
Concrete
Roof:
Concrete Roof
Land Size:
1/2 - Less Than 1 AC
Fee Includes:
None
Listing Office:
RE/MAX All Keys Real Estate
Last Updated: January - 08 - 2026
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.