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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

Overview

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

Listing Details MLS# 600717

Location, Tax & Legal

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
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

Contract Information

Listing Board
Key West Association
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
117481
Waterfront
Yes
Control Depth
35
Business Name
GRASSY KEY MARINA
# Parking Spaces
ample
Off Street Parking
ample
# Stories
2
Total # Buildings
4
Building SqFt
22069
Living Apx SqFt
900
Year Built
1970
Total Bedrooms
2
Total Units
0

Status Change Info

Sold Date
2022-09-23

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

Financial Status

Bank Owned
No
Potential Short Sale
No

More Information

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

Type

Apartment 3 or more
Yes
Grocery/Convenience
Yes
Marina
Yes
Retail
Yes

Fee Includes

Other
Yes

Dockage

Boat Ramp
Yes
Boat Slip
Yes

Appliances

Range
Yes
Refrigerator
Yes

Waterfront

Bay Front
Yes

Waterview

Bay/Gulf View
Yes

Construction

CBS
Yes
Combo Construction
Yes

Land Size

2 Less Than 5 Acres
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes

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
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.