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
Listing Details MLS# 607711
Location, Tax & Legal
- 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
- 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
Contract Information
- Listing Board
- Marathon/Lower 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
- 130769
- Waterfront
- No
- # Parking Spaces
- ample parking
- Off Street Parking
- Yes
- Building SqFt
- 2066
- SqFt Source
- Property Data Card
- Living Apx SqFt
- 2066
- Year Built
- 1984
- Control Depth
- 0
- Total Units
- 0
Status Change Info
- Sold Date
- 2024-09-13
Association Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
Appliances
- Other
- Professional Kitchen
More Information
Financial Status
- Bank Owned
- No
- Potential Short Sale
- No
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
- Yes
License Info
- SRX (Non-Transferab)
- Yes
Type
- Bar
- Yes
- Restaurant
- Yes
- Retail
- Yes
Fee Includes
- None
- Yes
Dockage
- None
- Yes
Accounts & Meters
- # Water Meters
- Yes
- # Electric Meters
- Yes
Cooling
- Central Air
- Yes
Heating
- Electric
- Yes
Waterfront
- None
- Yes
Waterview
- No Waterview
- Yes
Vehicle Storage
- Off Street Parking
- Yes
Construction
- CBS
- Yes
- Combo Construction
- Yes
Land Size
- 2 Less Than 5 Acres
- Yes
Utilities
- FKAA
- Yes
- Municipal Sewer
- Yes
Property Rights
- Beverage License
- Yes
Miscellaneous
- Chickee Hut
- Yes
- Handicap Access
- Yes
- High Traffc Location
- Yes
- Highway Frontage
- Yes
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.