Marathon, FL 33050
$3,100,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
80,400
Status:
Active
Current Price:
$3,100,000
List Date:
5/21/2025
Last Modified:
11/21/2025
Overview
Description
Unlock the potential of a rare waterfront asset in the Florida Keys. Positioned directly on Overseas Highway in Marathon, this property offers the foundation for a high-impact commercial or mixed-use redevelopment. Key features include very large parcel of commercial land and ~3.0 acres of submerged Bay Bottom-valuable for marine operations or added water access. Utility ready with electric and sewer connections in place. Existing dock is 150 ft. long, strong waterfront rights for boating, retail, or hospitality integration. This property sits in a high visibility, high traffic corridor with strong tourism and marine commerce potential. Whether you're targeting a boutique resort, marina operation, restaurant/bar, or mixed use development, this site offers a flexible canvas with real upside. Location. Access. Waterfront. Infrastructure. It's all here ready for your vision.
Listing Details MLS# 615114
Location, Tax & Legal
- Key/Island
- Marathon
- State/Province
- FL
- Zip Code
- 33050
- Subdivision
- Driftwood Estates (54.0)
- County
- Monroe
- Area
- 18 - East of Holiday Inn US #1 & Coco Plum
- City
- MARATHON
- Mile Marker
- 54
- Marathon Neighborhood
- Coco Plum
- Side
- Ocean
- Flood Zone
- AE,AE
- Alternate Key #
- 1444758
- Add'l Parcel #1
- 00100230-000000
- Parcel #
- 00362670-000000
- Zoning
- MU - Mixed Use Commercial Mixed Use
- Legal
- LOT 3 DRIFTWOOD ESTATES PB2-132 FAT DEER KEY OR527-841 OR886-957 OR1068-1148 OR1159-280 OR1159-1004 OR1273-115 OR1599-1
- Taxes
- 8763.15
- Tax Year
- 2024
Contract Information
- Listing Board
- Marathon/Lower Keys
- Limited Representation
- No
- Potential Short Sale
- No
- Bank Owned
- No
General Property Description
- Realtor.COM Type
- Commercial
- Style
- Commercial
- Lot SqFt
- 80400
- Waterfront
- Yes
- Control Depth
- 6
- Business Name
- LAMA REAL ESTATE MAN
- SqFt Source
- Property Data Card
- Year Built
- 1963
Association Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
Dockage
- Dock
- Wood
- Dock Length
- 150
- Dock Permit
- Yes
More Information
Financial Status
- Bank Owned
- No
- Potential Short Sale
- No
Remarks & Misc
- Remarks – Consumer
- Unlock the potential of a rare waterfront asset in the Florida Keys. Positioned directly on Overseas Highway in Marathon, this property offers the foundation for a high-impact commercial or mixed-use redevelopment. Key features include very large parcel of commercial land and ~3.0 acres of submerged Bay Bottom-valuable for marine operations or added water access. Utility ready with electric and sewer connections in place. Existing dock is 150 ft. long, strong waterfront rights for boating, retail, or hospitality integration. This property sits in a high visibility, high traffic corridor with strong tourism and marine commerce potential. Whether you're targeting a boutique resort, marina operation, restaurant/bar, or mixed use development, this site offers a flexible canvas with real upside. Location. Access. Waterfront. Infrastructure. It's all here ready for your vision.
- Directions
- Please use entrance off of Overseas Highway, 13755 with permission from the agent and seller.
Deed Restrictions
- Unknown
- Yes
Type
- Boat Care
- Yes
- Boat Sales/Service
- Yes
- Other Comrcl Style
- Yes
Fee Includes
- None
- Yes
Accounts & Meters
- # Electric Meters
- 2
Appliances
- No Appliances
- Yes
Waterfront
- Oceanfront
- Yes
- Open Water
- Yes
Waterview
- Harbor/Marina View
- Yes
- Ocean View
- Yes
- Open Water View
- Yes
Vehicle Storage
- Guest Parking
- Yes
- Common Parking
- Yes
- Trailer Storage
- Yes
Construction
- Concrete
- Yes
Land Size
- 2 Less Than 5 Acres
- Yes
Utilities
- Buyer to Verify
- Yes
- FKAA
- Yes
- Sewer Available
- Yes
Title
- Negotiable
- Yes
Property Rights
- Multi-Use/Commercial
- Yes
Miscellaneous
- High Traffc Location
- Yes
- High Visibility
- Yes
- Highway Frontage
- Yes
- Open Water View
- Yes
Property Features
Deed Restrictions:
Unknown
Type:
Boat Care; Boat Sales/Service; Other Comrcl Style
Waterfront:
Oceanfront; Open Water
Waterview:
Harbor/Marina View; Ocean View; Open Water View
Vehicle Storage:
Common Parking; Guest Parking; Trailer Storage
Utilities:
Buyer to Verify; FKAA; Sewer Available
Appliances:
No Appliances
Miscellaneous:
High Traffc Location; High Visibility; Highway Frontage; Open Water View
Construction:
Concrete
Land Size:
2 Less Than 5 Acres
Fee Includes:
None
Title:
Negotiable
Property Rights:
Multi-Use/Commercial
Listing Office:
Engel & Völkers Marathon
Last Updated: November - 21 - 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.