11400 Overseas Highway, Marathon, FL 33050 (MLS# 571750)

11400 Overseas Highway, Marathon, FL 33050

$2,880,000

Property Type: Commercial Baths: 17 Square Footage: 22,069 Lot Size (sq. ft.): 42,570 Status: Closed

Current Price: $2,880,000 List Date: 8/23/2016 Last Modified: 9/10/2024

Description

TOWN SQUARE MALL in Marathon! 46 Units with 66 Parking Spaces and 17 bathrooms! Sought after retail & professional office space is a highly visible location off US 1. Good mix of tenants including Frank's Grill, Post Office, hair & nail salons, realtors, attorneys. Complete remodel in 2008 including: roof, central bathrooms, new a/c units in each unit, wind resistant windows & doors, railings, etc. See Supplement

Supplements: Complete Remodel in 2008 Includes: New Truss & Aluminum and Metal Roof, Central Bathrooms, New A/C Units and Electrical Panels in each unit, wind resistant doors & windows, aluminum railings, paint & new signage. Building is elevated with a crawl space underneath. CBS construction with pre-stressed hollow core concrete floors and ceilings. Complete spawling repair during renovation.

More Information MLS# 571750

Contract Information

Listing Board: Marathon/Lower Keys Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No For Sale/Lease: For Sale Species List: No Current Price: $2,880,000 Listing Date: 2016-08-23 Sold Price: $2,880,000

Location, Tax & Legal

City: MARATHON Off Shore Island: No Mile Marker: 53 Side: Bay/Gulf Flood Zone: AE,AE Alternate Key #: 1412538 Parcel #: 00334860-000000 Zoning: MU - Mixed Use Commercial Mixed Use Legal: KEY COLONY SUBDIVISION NO 3 PB4-10 KEY VACA LOTS 2 17 AND18 LESS S'LY 7' AND HALF VACATED ALLEY Taxes: 24848.24 Tax Year: 2016 Street #: 11400 Street Name: Overseas Street Suffix: Highway Key/Island: Marathon State/Province: FL Zip Code: 33050 Subdivision: Key Colony Sub (53.0) County: Monroe Area: 15 - Sombrero Bch Rd to Vaca Cut Gulfside

General Property Description

Realtor.COM Type: Commercial Waterfront: No Control Depth: 0 Lot SqFt: 42570 Business Name: Town Square Mall Total Units: 46 # Parking Spaces: 66 SqFt Source: Property Data Card Building SqFt: 22069 Style: Commercial Living Apx SqFt: 22069 Year Built: 1973 Full Baths: 17 Total Baths: 17

Remarks & Misc

Remarks – Consumer: TOWN SQUARE MALL in Marathon! 46 Units with 66 Parking Spaces and 17 bathrooms! Sought after retail & professional office space is a highly visible location off US 1. Good mix of tenants including Frank's Grill, Post Office, hair & nail salons, realtors, attorneys. Complete remodel in 2008 including: roof, central bathrooms, new a/c units in each unit, wind resistant windows & doors, railings, etc. See Supplement Directions: Off US 1 at Mile marker 53

Deed Restrictions

Unknown: 1

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

License Info

# of City License: 46 Non Trans Rntl Lic: 1

Type

Office Buildings: 1 Professional Service: 1 Restaurant: 1 Retail: 1 Shop/Strip Center: 1 Other Services: 1

Fee Includes

None: 1

Dockage

None: 1

Appliances

No Appliances: 1

Cooling

Central Air: 1 Heat Pump: 1 Wall/Window Unit(s): 1

Waterfront

None: 1

Electric

220 Volt: 1

Waterview

No Waterview: 1

Floor

Combo: 1 Concrete: 1 Other: 1

Windows/Doors

Aluminum Windows: 1 Impact Rstnce Doors: 1 Impact Rstnce Window: 1 Other Windows/Doors: 1

Vehicle Storage

Guest Parking: 1 Common Parking: 1

Construction

CBS: 1

Land Size

1/2 - Less Than 1 AC: 1

Utilities

FKAA: 1 Sewer Available: 1

Miscellaneous

Elevator: 1 High Traffc Location: 1 High Visibility: 1 Highway Frontage: 1

Roof

Metal Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2018-08-29 Sold Price: $2,880,000 Status: Closed

Property Features

Deed Restrictions: Unknown License Info: Non Trans Rntl Lic Type: Office Buildings; Professional Service; Restaurant; Retail; Shop/Strip Center; Other Services Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Common Parking; Guest Parking Cooling: Central Air; Heat Pump; Wall/Window Unit(s) Utilities: FKAA; Sewer Available Appliances: No Appliances Miscellaneous: Elevator; High Traffc Location; High Visibility; Highway Frontage Construction: CBS Electric: 220 Volt Floor: Combo; Concrete; Other Roof: Metal Roof Land Size: 1/2 - Less Than 1 AC Fee Includes: None

Listing Office: Coldwell Banker Schmitt Real Estate Co.

Last Updated: September - 10 - 2024

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