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
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.
More Information MLS# 615114
Contract Information
Listing Board: Marathon/Lower Keys
Limited Representation: No
Potential Short Sale: No
Bank Owned: No
Current Price: $3,100,000
Listing Date: 2025-05-21
List Price: $3,100,000
Location, Tax & Legal
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
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
General Property Description
Realtor.COM Type: Commercial
Waterfront: Yes
Control Depth: 6
Lot Size: 120 x 670
Lot SqFt: 80400
Business Name: LAMA REAL ESTATE MAN
SqFt Source: Property Data Card
Style: Commercial
Year Built: 1963
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: 1
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Type
Boat Care: 1
Boat Sales/Service: 1
Other Comrcl Style: 1
Fee Includes
None: 1
Dockage
Dock Length: 150
Dock: Wood
Dock Permit: Yes
Accounts & Meters
# Electric Meters: 2
Appliances
No Appliances: 1
Waterfront
Oceanfront: 1
Open Water: 1
Waterview
Harbor/Marina View: 1
Ocean View: 1
Open Water View: 1
Vehicle Storage
Guest Parking: 1
Common Parking: 1
Trailer Storage: 1
Construction
Concrete: 1
Land Size
2 Less Than 5 Acres: 1
Utilities
Buyer to Verify: 1
FKAA: 1
Sewer Available: 1
Title
Negotiable: 1
Property Rights
Multi-Use/Commercial: 1
Miscellaneous
High Traffc Location: 1
High Visibility: 1
Highway Frontage: 1
Open Water View: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Status: Active
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
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