38 Coco Plum Drive, Marathon, FL 33050 (MLS# 614960)

38 Coco Plum Drive, Marathon, FL 33050

$4,950,000

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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: 8/31/2026

Overview

Description

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 opp ... (Read more)

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

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

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: August - 31 - 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.