12235-37 Overseas Highway, Marathon, FL 33050 (MLS# 590195)

12235-37 Overseas Highway, Marathon, FL 33050

$975,000

Virtual Tour

https://my.matterport.com/show/?m=peAGP6aBv1j&mls=1

Property Type: Commercial Sale Bedrooms: 1 Baths: 3 Lot Size (sq. ft.): 40,600 Status: Closed

Current Price: $975,000 List Date: 4/20/2021 Last Modified: 12/02/2025

Description

Virtual Showings now available via Facetime, call for an appointment. MULTI USE PROPERTY. 3492 SQ FT NEWLY REFURBISHED COMMERCIAL BLDG, MANY POSSIBLE USES INCLUDING RETAIL, OFFICE SPACE, AND/OR WAREHOUSE . PROPERTY INCLUDES 1/1 UPDATED COTTAGE APARTMENT, AND VACANT LOT WITH MANY POSSIBLE USES INCLUDING PARKING FOR 20 + VEHICLES, ACCESS TO A LIMITED WATERFRONT. ALSO MAY BE POSSIBLE TO BUILD WORKFORCE HOUSING. VEGETATION STUDY ON FILE. SOME SELLER FINANCING POSSIBLE, 30% DOWN INT RATE TBD, 5 YR BALLOON.

More Information MLS# 590195

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: Yes Current Price: $975,000 Listing Date: 2020-03-07 Sold Price: $975,000

Location, Tax & Legal

City: MARATHON Off Shore Island: No Mile Marker: 53 Marathon Neighborhood: Vaca East (Vaca to Coco) Side: Ocean Alternate Key #: 1117561, 1117358, 1117340 Add'l Parcel #1: 00100470-000000 Parcel #: 00100460-000000 Add'l Parcel #2: 00100610-000000 Zoning: MU - Mixed Use Commercial Mixed Use Legal: 5 66 33 Fat Deer Key Pt Lt 3, 5 66 33 Pt Lt 3, Fat Deer Key, 5 66 33 Fat Deer Key Bay Bottom South and Adj Pt Gov lot 3 Taxes: 8097.83 Tax Year: 2019 Street #: 12235-37 Street Name: Overseas Street Suffix: Highway Key/Island: Marathon State/Province: FL Zip Code: 33050 Subdivision: Fat Deer Key (53.0) County: Monroe Area: 18 - East of Holiday Inn US #1 & Coco Plum

General Property Description

Realtor.COM Type: Commercial Waterfront: Yes Control Depth: 1 Lot Size: 80 x 126.35/ 100 x 293 Lot SqFt: 40600 # Parking Spaces: 8 /30+ SqFt Source: Tax Records Total # Buildings: 2 Building SqFt: 3492 Style: Commercial Year Built: 1973 Total Bedrooms: 1 Full Baths: 2 Half Baths: 1 Total Baths: 3

Remarks & Misc

Remarks – Consumer: Virtual Showings now available via Facetime, call for an appointment. MULTI USE PROPERTY. 3492 SQ FT NEWLY REFURBISHED COMMERCIAL BLDG, MANY POSSIBLE USES INCLUDING RETAIL, OFFICE SPACE, AND/OR WAREHOUSE . PROPERTY INCLUDES 1/1 UPDATED COTTAGE APARTMENT, AND VACANT LOT WITH MANY POSSIBLE USES INCLUDING PARKING FOR 20 + VEHICLES, ACCESS TO A LIMITED WATERFRONT. ALSO MAY BE POSSIBLE TO BUILD WORKFORCE HOUSING. VEGETATION STUDY ON FILE. SOME SELLER FINANCING POSSIBLE, 30% DOWN INT RATE TBD, 5 YR BALLOON. Directions: OCEAN SIDE OF OVERSEAS HWY BETWEEN 122ND ST AND CORAL LAGOON. SIGNAGE ON HIGHWAY.

Status Change Info

Sold Comments: Complicated but smooth transaction. Sold Date: 2021-07-29 Sold Price: $975,000 Status: Closed

Association Info

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

Type

Office Buildings: 1 Professional Service: 1 Retail: 1 Other Services: 1

Fee Includes

None: 1

Misc Property Info

Recorded Plat: Yes

Dockage

None: 1

Accounts & Meters

# Sewer Accounts: 1 # Water Meters: 1 # Electric Meters: 1

Appliances

Range: 1 Refrigerator: 1

Property Info

# Kitchens: 1 # Refrigerators: 1

Cooling

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

Waterfront

Canal Front: 1 Open Water: 1

Electric

Circuit Breakers: 1 Other Electric: 1

Waterview

No Waterview: 1

Floor

Combo: 1 Vinyl: 1

Windows/Doors

Aluminum Windows: 1

Vehicle Storage

Car(s): 4+ Guest Parking: 1 Off Street Parking: 1

Construction

CBS: 1 Frame: 1

Land Size

1/2 - Less Than 1 AC: 1

Terms

Buyer Obtain Finance: 1 Other Financing: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Title

Title Ins - Buyer: 1

Miscellaneous

High Traffc Location: 1 High Visibility: 1 Residence on Premise: 1

Roof

Metal Roof: 1 Tar/Gravel Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Property Features

Type: Office Buildings; Professional Service; Retail; Other Services Waterfront: Canal Front; Open Water Waterview: No Waterview Dockage: None Vehicle Storage: Guest Parking; Off Street Parking Cooling: Central Air; Wall/Window Unit(s) Utilities: FKAA; Municipal Sewer Appliances: Range; Refrigerator Miscellaneous: High Traffc Location; High Visibility; Residence on Premise Construction: CBS; Frame Electric: Circuit Breakers; Other Electric Floor: Combo; Vinyl Roof: Metal Roof; Tar/Gravel Roof Land Size: 1/2 - Less Than 1 AC Fee Includes: None Terms: Buyer Obtain Finance; Other Financing Title: Title Ins - Buyer

Listing Office: Key Colony Beach Realty

Last Updated: December - 02 - 2025

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