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6799 Overseas Highway, Marathon, FL 33050

$1,700,000
Property Type: Commercial Sale Bedrooms: 3 Baths: 6 Square Footage: 4,858 Lot Size (sq. ft.): 10,465 Status: Closed
Current Price: $1,700,000 List Date: 12/26/2025 Last Modified: 12/30/2025

Overview

Description

Exceptional opportunity to acquire a stabilized, fully leased multi-tenant commercial property in the heart of Marathon. Strategically positioned along US-1, this two-story 4,858 SF concrete building offers outstanding visibility, strong traffic counts, and reliable income from a diverse tenant mix. The property consists of three (3) commercial retail/office units on the ground floor and three (3) residential apartments on the second floor, providing a balanced combination of commercial and residential income streams. With long-term tenants in place, this asset delivers immediate cash flow and minimal vacancy risk. Situated on a 10,465 SF (0.24-acre) parcel, the site includes 5,586 SF of asphalt parking, supporting both tenant and customer convenience. The property is surrounded by strong commercial activity including restaurants, marinas, retail centers, and medical facilities, ensuring consistent demand.

Listing Details MLS# 617835

Location, Tax & Legal

Street #
6799
Street Name
Overseas
Street Suffix
Highway
Key/Island
Marathon
State/Province
FL
Zip Code
33050
Subdivision
Sea Crest (50.5)
County
Monroe
Area
16 - Sombrero Bch Rd to Vaca Cut - Oceanside
City
MARATHON
Mile Marker
50.5
Marathon Neighborhood
Mid-Town - Ocean (Sombrero to 71st)
Side
Ocean
Flood Zone
AE,AE
Alternate Key #
1416495
Parcel #
00338860-000000
Add'l Parcel #2
1416495
Zoning
MU - Mixed Use Commercial Mixed Use
Legal
SEA CREST KEY VACA PB2-144 N'LY 125 FT LOT 1 BK 1 OR643-743 OR2554-2395/96
Taxes
10389.76
Tax Year
2025

Contract Information

Listing Board
Florida Keys
Limited Representation
No
As is Rght to Inspct
No
Potential Short Sale
No
Bank Owned
No

General Property Description

Realtor.COM Type
Commercial
Style
Commercial
Lot SqFt
10465
Waterfront
No
# Stories
2
Total # Buildings
Yes
Building SqFt
4858
SqFt Source
Tax Records
Living Apx SqFt
4858
Total Units
6
Year Built
1987
Total Bedrooms
3
Full Baths
5
Half Baths
Yes
Total Baths
6
Control Depth
0

Status Change Info

Sold Date
2025-12-30

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
Exceptional opportunity to acquire a stabilized, fully leased multi-tenant commercial property in the heart of Marathon. Strategically positioned along US-1, this two-story 4,858 SF concrete building offers outstanding visibility, strong traffic counts, and reliable income from a diverse tenant mix. The property consists of three (3) commercial retail/office units on the ground floor and three (3) residential apartments on the second floor, providing a balanced combination of commercial and residential income streams. With long-term tenants in place, this asset delivers immediate cash flow and minimal vacancy risk. Situated on a 10,465 SF (0.24-acre) parcel, the site includes 5,586 SF of asphalt parking, supporting both tenant and customer convenience. The property is surrounded by strong commercial activity including restaurants, marinas, retail centers, and medical facilities, ensuring consistent demand.

Deed Restrictions

No
Yes

Type

Apartment 3 or more
Yes
Office Buildings
Yes
Retail
Yes
Shop/Strip Center
Yes

Fee Includes

None
Yes

Dockage

None
Yes

Appliances

Range
Yes
Refrigerator
Yes

Cooling

Ceiling Fans(s)
Yes
Central Air
Yes

Waterfront

None
Yes

Electric

Circuit Breakers
Yes

Waterview

No Waterview
Yes

Vehicle Storage

Assigned Parking
Yes
Common Parking
Yes

Construction

CBS
Yes

Land Size

1/4 - 1/2 Acre
Yes

Terms

Seller Finance Psble
Yes

Utilities

FKAA
Yes
Separate Meters
Yes
Septic Tank
Yes

Property Rights

Multi-Use/Commercial
Yes
Other/See Remarks
Yes

Miscellaneous

Elevator
Yes
Handicap Access
Yes
High Traffc Location
Yes
High Visibility
Yes
Highway Frontage
Yes
Lobby
Yes
Residence on Premise
Yes
Storage
Yes

Property Features

Deed Restrictions: No Type: Apartment 3 or more; Office Buildings; Retail; Shop/Strip Center Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Assigned Parking; Common Parking Cooling: Ceiling Fans(s); Central Air Utilities: FKAA; Separate Meters; Septic Tank Appliances: Range; Refrigerator Miscellaneous: Elevator; Handicap Access; High Traffc Location; High Visibility; Highway Frontage; Lobby; Residence on Premise; Storage Construction: CBS Electric: Circuit Breakers Land Size: 1/4 - 1/2 Acre Fee Includes: None Terms: Seller Finance Psble Property Rights: Multi-Use/Commercial; Other/See Remarks
Listing Office: RE/MAX All Keys Real Estate
Last Updated: December - 30 - 2025
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.