59073 Overseas Highway, Marathon, FL 33050
$6,750,000
Property Type:
Commercial
Bedrooms:
2
Square Footage:
900
Lot Size (sq. ft.):
117,481
Status:
Closed
Current Price:
$6,750,000
List Date:
4/25/2022
Last Modified:
9/10/2024
Description
This Prime Bayside Marina is a diamond in the rough! Waterfront property is located in the heart of the middle Keys with 341' of frontage on Overseas Hwy at MM 59. Limited supply of Marina facilities in this immediate area serving Long Key, Conch Key, Duck Key, Grassy Key and Marathon. Total of 2.7 Acres of uplands. The City of Marathon recognizes 33 Wet Slips and 110 Dry rack storage. Four buildings with a total of over 22,000 sf. including 16,500 sf. metal frame boat storage barn. Businesses include operating Marina, Boat Ramp, Boat storage and wet slip rentals, Fishing Equipment rentals, Live & Frozen Bait & Tackle sales, plus fully & regularly stocked Grocery and Convenience Store with Beer & Wine license. Includes 4 on site apartments. Potential to add more boat barns and dry racks, likely could reintroduce Vehicle and Boat Fuel Sales, brand the convenience/gas store, plus many other options in this Mixed Use Zoning
More Information MLS# 600717
Contract Information
Listing Board: Key West Association
Limited Representation: No
Potential Short Sale: No
Bank Owned: No
For Sale/Lease: For Sale
Current Price: $6,750,000
Listing Date: 2022-04-25
Sold Price: $6,750,000
Location, Tax & Legal
City: MARATHON
Mile Marker: 58.9
Marathon Neighborhood: Grassy Key
Side: Bay/Gulf
Flood Zone: AE,AE,AE,VE,VE
Alternate Key #: 1459062
Parcel #: 00375960-000000
Zoning: MU - Mixed Use Commercial Mixed Use
Legal: TRACTS 11-12-13 SANS SOUCI PB2-160 GRASSY KEY G73-260 OR444-271 OR451-244/45 OR516-978/79 OR596-423 OR596-425 OR698-709
Taxes: 38488.36
Tax Year: 2021
Street #: 59073
Street Name: Overseas
Street Suffix: Highway
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
Subdivision: Grassy Key (58.9)
County: Monroe
Area: 19 - Crawl Key & Grassy Key
General Property Description
Realtor.COM Type: Commercial
Waterfront: Yes
Control Depth: 35
Lot Size: 117481
Lot SqFt: 117481
Business Name: GRASSY KEY MARINA
Total Units: 0
# Parking Spaces: ample
Off Street Parking: ample
# Stories: 2
Total # Buildings: 4
Building SqFt: 22069
Style: Commercial
Living Apx SqFt: 900
Year Built: 1970
Total Bedrooms: 2
Remarks & Misc
Remarks – Consumer: This Prime Bayside Marina is a diamond in the rough! Waterfront property is located in the heart of the middle Keys with 341' of frontage on Overseas Hwy at MM 59. Limited supply of Marina facilities in this immediate area serving Long Key, Conch Key, Duck Key, Grassy Key and Marathon. Total of 2.7 Acres of uplands. The City of Marathon recognizes 33 Wet Slips and 110 Dry rack storage. Four buildings with a total of over 22,000 sf. including 16,500 sf. metal frame boat storage barn. Businesses include operating Marina, Boat Ramp, Boat storage and wet slip rentals, Fishing Equipment rentals, Live & Frozen Bait & Tackle sales, plus fully & regularly stocked Grocery and Convenience Store with Beer & Wine license. Includes 4 on site apartments. Potential to add more boat barns and dry racks, likely could reintroduce Vehicle and Boat Fuel Sales, brand the convenience/gas store, plus many other options in this Mixed Use Zoning
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Type
Apartment 3 or more: 1
Grocery/Convenience: 1
Marina: 1
Retail: 1
Fee Includes
Other: 1
Dockage
Boat Ramp: 1
Boat Slip: 1
Appliances
Range: 1
Refrigerator: 1
Waterfront
Bay Front: 1
Waterview
Bay/Gulf View: 1
Construction
CBS: 1
Combo Construction: 1
Land Size
2 Less Than 5 Acres: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Sold Date: 2022-09-23
Sold Price: $6,750,000
Status: Closed
Property Features
Type: Apartment 3 or more; Grocery/Convenience; Marina; Retail
Waterfront: Bay Front
Waterview: Bay/Gulf View
Dockage: Boat Ramp; Boat Slip
Utilities: FKAA; Municipal Sewer
Appliances: Range; Refrigerator
Construction: CBS; Combo Construction
Land Size: 2 Less Than 5 Acres
Fee Includes: Other
Listing Office:
RE/MAX Keys Connection (KW)
Last Updated: September - 10 - 2024
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