1655 Overseas Highway, Marathon, FL 33050 (MLS# 578383)

1655 Overseas Highway, Marathon, FL 33050

$770,000

Property Type: Commercial Sale Bedrooms: 18 Baths: 18.1 Square Footage: 877 Lot Size (sq. ft.): 18,685 Status: Closed

Current Price: $770,000 List Date: 1/23/2018 Last Modified: 12/03/2025

Description

Commercial opportunity in the Middle Keys for renovation or redevelopment. Great US1 exposure with commercial/retail space and residential units. 18 market rate building allocations. Zoned MU- Commercial. 6 separate buildings: 4 apartment buildings with 4 apartments each, 1 building on US1 with retail space and 2 studio efficiencies and 1 maintenance building at rear of property. 18 residential units total. Vacant property, has not been inhabited since 2015.

More Information MLS# 578383

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: $770,000 Listing Date: 2018-01-23 Sold Price: $770,000

Location, Tax & Legal

City: MARATHON Mile Marker: 48 Side: Ocean Flood Zone: AE,AE Alternate Key #: 1400777 Parcel #: 00326650-000000 Zoning: MU - Mixed Use Commercial Mixed Use Legal: BK 1 NLY 250FT LT 22 AND NLY 250FT OF W1/2 LT 21 PARRISH SUB MARATHON SUB SUB OF GOV LT 2 SEC 9 TWP 66 S RGE PB2-18 OR52 Taxes: 21176.45 Tax Year: 2016 Street #: 1655 Street Name: Overseas Street Suffix: Highway Key/Island: Marathon State/Province: FL Zip Code: 33050 Subdivision: Parrish Sub (48.0) County: Monroe Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W

General Property Description

Realtor.COM Type: Commercial Waterfront: No Control Depth: 0 Lot SqFt: 18685 Total Units: 0 SqFt Source: Tax Records Building SqFt: 11005 Style: Residential Income Living Apx SqFt: 877 Year Built: 1954 Total Bedrooms: 18 Full Baths: 18 Half Baths: 1 Total Baths: 18.1

Remarks & Misc

Remarks – Consumer: Commercial opportunity in the Middle Keys for renovation or redevelopment. Great US1 exposure with commercial/retail space and residential units. 18 market rate building allocations. Zoned MU- Commercial. 6 separate buildings: 4 apartment buildings with 4 apartments each, 1 building on US1 with retail space and 2 studio efficiencies and 1 maintenance building at rear of property. 18 residential units total. Vacant property, has not been inhabited since 2015. Directions: Mile Marker 48 in Marathon, directly off US1. Across the street from Blue-Green The Hammocks.

Status Change Info

Sold Comments: 18 Market Rate Building Rights did not convey Sold Date: 2018-08-17 Sold Price: $770,000 Status: Closed

Association Info

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

Type

Apartment 3 or more: 1

Fee Includes

None: 1

Dockage

None: 1

Appliances

No Appliances: 1

Property Info

# Kitchens: 18 # Efficiencies: 2 1 Bed/Bath: 8 2 Bed/Bath: 8

Waterfront

None: 1

Waterview

No Waterview: 1

Vehicle Storage

Guest Parking: 1 Off Street Parking: 1

Construction

CBS: 1

Land Size

1/4 - 1/2 Acre: 1

Terms

Buyer Obtain Finance: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Title

Negotiable: 1

Property Rights

Transfer Bldg Rights: 1

Miscellaneous

Pool: 1

Roof

Combo Roof: 1 Tile Roof: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Property Features

Type: Apartment 3 or more Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Guest Parking; Off Street Parking Utilities: FKAA; Municipal Sewer Appliances: No Appliances Miscellaneous: Pool Construction: CBS Roof: Combo Roof; Tile Roof Land Size: 1/4 - 1/2 Acre Fee Includes: None Terms: Buyer Obtain Finance Title: Negotiable Property Rights: Transfer Bldg Rights

Listing Office: Ocean Sotheby's International

Last Updated: December - 03 - 2025

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