6950 Overseas Highway, Marathon, FL 33050
$1,550,000
Property Type:
Commercial
Square Footage:
2,066
Lot Size (sq. ft.):
130,769
Status:
Closed
Current Price:
$1,550,000
List Date:
12/07/2023
Last Modified:
9/13/2024
Description
High visibility local seafood restaurant and market available for sale. Includes Real Estate, all furnishings, fixtures, and equipment (FF&E.) Property provides ample parking for 160 seat restaurant with a 6COP SRX Liquor License. Well established location known by locals and visitors alike. Multi-faceted operation with 2,066 sq ft containing high quality dining, fresh seafood market, catering, seafood shipping operation, and tiki bar. Business added 700 sq ft of open deck for extra seating and liquor license in 2022. Owner is extremely active and generous in not only the Marathon community but Keyswide. Stepped up during Covid to provide food for those in need, as well as finding hard to obtain items for locals to purchase. Value proposition is Growth, growth, growth for this business as profits have been invested back into the business. Real Estate consists of 3 acres +/- acres, 11,761 sq ft of which is a corner lot including improvement and 60 +/- linear feet on US 1, with Signage and centrally located in Marathon's main commerce bubble. The remaining 2.73 acres is deemed environmentally sensitive.
More Information MLS# 607711
Contract Information
Listing Board: Marathon/Lower Keys
Limited Representation: No
Potential Short Sale: No
Bank Owned: No
For Sale/Lease: For Sale
Current Price: $1,550,000
Listing Date: 2023-12-04
Sold Price: $1,550,000
Location, Tax & Legal
City: MARATHON
Mile Marker: 51
Marathon Neighborhood: Mid-Town - Gulf (Sombrero to Airport)
Side: Bay/Gulf
Flood Zone: AE,AE,AE,VE
Alternate Key #: 1407445
Parcel #: 00331400-000000
Zoning: MU - Mixed Use Commercial Mixed Use
Legal: ROOSEVELT POINT PLAT 1 PB5-5 KEY VACA TRACT C See lengthy Legal Descriptions in Documents Section
Taxes: 8067.96
Tax Year: 2023
Street #: 6950
Street Name: Overseas
Street Suffix: Highway
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
Subdivision: Roosevelt Point #1 (51.0)
County: Monroe
Area: 15 - Sombrero Bch Rd to Vaca Cut Gulfside
General Property Description
Realtor.COM Type: Commercial
Waterfront: No
Control Depth: 0
Lot Size: Irregular
Lot SqFt: 130769
Total Units: 0
# Parking Spaces: ample parking
Off Street Parking: Yes
SqFt Source: Property Data Card
Building SqFt: 2066
Style: Commercial
Living Apx SqFt: 2066
Year Built: 1984
Remarks & Misc
Remarks – Consumer: High visibility local seafood restaurant and market available for sale. Includes Real Estate, all furnishings, fixtures, and equipment (FF&E.) Property provides ample parking for 160 seat restaurant with a 6COP SRX Liquor License. Well established location known by locals and visitors alike. Multi-faceted operation with 2,066 sq ft containing high quality dining, fresh seafood market, catering, seafood shipping operation, and tiki bar. Business added 700 sq ft of open deck for extra seating and liquor license in 2022. Owner is extremely active and generous in not only the Marathon community but Keyswide. Stepped up during Covid to provide food for those in need, as well as finding hard to obtain items for locals to purchase. Value proposition is Growth, growth, growth for this business as profits have been invested back into the business. Real Estate consists of 3 acres +/- acres, 11,761 sq ft of which is a corner lot including improvement and 60 +/- linear feet on US 1, with Signage and centrally located in Marathon's main commerce bubble. The remaining 2.73 acres is deemed environmentally sensitive.
Deed Restrictions
Unknown: 1
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
SRX (Non-Transferab): 1
Type
Bar: 1
Restaurant: 1
Retail: 1
Fee Includes
None: 1
Dockage
None: 1
Accounts & Meters
# Water Meters: 1
# Electric Meters: 1
Appliances
Other: Professional Kitchen
Cooling
Central Air: 1
Heating
Electric: 1
Waterfront
None: 1
Waterview
No Waterview: 1
Vehicle Storage
Off Street Parking: 1
Construction
CBS: 1
Combo Construction: 1
Land Size
2 Less Than 5 Acres: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Property Rights
Beverage License: 1
Miscellaneous
Chickee Hut: 1
Handicap Access: 1
High Traffc Location: 1
Highway Frontage: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Sold Date: 2024-09-13
Sold Price: $1,550,000
Status: Closed
Property Features
Deed Restrictions: Unknown
License Info: SRX (Non-Transferab)
Type: Bar; Restaurant; Retail
Waterfront: None
Waterview: No Waterview
Dockage: None
Vehicle Storage: Off Street Parking
Cooling: Central Air
Heating: Electric
Utilities: FKAA; Municipal Sewer
Miscellaneous: Chickee Hut; Handicap Access; High Traffc Location; Highway Frontage
Construction: CBS; Combo Construction
Land Size: 2 Less Than 5 Acres
Fee Includes: None
Property Rights: Beverage License
Listing Office:
Coldwell Banker Schmitt Real Estate Co.
Last Updated: September - 13 - 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.