3574 Overseas Highway, Marathon, FL 33050

$21,393.86
Property Type: Commercial Lease Bedrooms: 4 Square Footage: 7,706 Status: Closed
Current Price: $21,393.86 List Date: 7/11/2025 Last Modified: 7/21/2025

Description

Discover a rare chance to lease a well-known restaurant destination along the Overseas Highway. This versatile property features a fully equipped restaurant and bar on the ground floor, complete with a 5 COP restaurant liquor license, an expansive indoor dining area with air conditioning, a large bar, and an inviting outdoor bar and stage ideal for live music and events. The premises are licensed for 157 seats across indoor and outdoor spaces, and all furnishings, fixtures, equipment, and coolers are included for an effortless transition. Enjoy unmatched visibility with over 340 feet of highway frontage and prominent signage facing both northbound and southbound traffic, capturing the attention of drivers in all directions. Ample parking provides convenient access for both guests and staff. The second floor hosts a spacious 4-bedroom, 2-bath apartment, offering flexible use as an on-site residence or an income-producing rental. The apartment is available separately for $3,500 per month, while the restaurant and bar space can be leased for $15,000 per month. Triple net charges and applicable sales tax are additional and not included in the quoted monthly rates.

More Information MLS# 615767

Contract Information

Listing Board: Key West Association Limited Representation: No For Sale/Lease: For Lease Listing Date: 2025-07-11 Sold Price: $21,393.86

Location, Tax & Legal

KW Neighborhood: Outside of Key West City: MARATHON Mile Marker: 49 Side: Median Flood Zone: AE Alternate Key #: 1414581 Parcel #: 00336920-000000 Zoning: 122 - 238 - Ordinances Legal: BK 4 PT LT 4 AND ALL LTS 8 -9-10 AND PT LT 11 AND ADJ PORTION OF OLD STATE RD 4A MARATHON BEACH SUB PB2-16 G58-240/41 OR Taxes: 25350.32 Tax Year: 2024 Street #: 3574 Street Name: Overseas Street Suffix: Highway Key/Island: Marathon State/Province: FL Zip Code: 33050 Subdivision: Marathon Beach (49.0) County: Monroe Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W

General Property Description

Realtor.COM Type: Commercial Waterfront: No Style: Commercial Lot Size: Irregular Lot SqFt: 33824 Control Depth: 0 Off Street Parking: 35+ # Stories: 2 Building SqFt: 10294 Total Units: 0 Living Apx SqFt: 7706 Year Built: 1953 Total Bedrooms: 4 Full Baths: 2 Half Baths: 2

Remarks & Misc

Remarks – Consumer: Discover a rare chance to lease a well-known restaurant destination along the Overseas Highway. This versatile property features a fully equipped restaurant and bar on the ground floor, complete with a 5 COP restaurant liquor license, an expansive indoor dining area with air conditioning, a large bar, and an inviting outdoor bar and stage ideal for live music and events. The premises are licensed for 157 seats across indoor and outdoor spaces, and all furnishings, fixtures, equipment, and coolers are included for an effortless transition. Enjoy unmatched visibility with over 340 feet of highway frontage and prominent signage facing both northbound and southbound traffic, capturing the attention of drivers in all directions. Ample parking provides convenient access for both guests and staff. The second floor hosts a spacious 4-bedroom, 2-bath apartment, offering flexible use as an on-site residence or an income-producing rental. The apartment is available separately for $3,500 per month, while the restaurant and bar space can be leased for $15,000 per month. Triple net charges and applicable sales tax are additional and not included in the quoted monthly rates.

Association Info

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

License Info

SRX (Non-Transferab): 1

Type

Bar: 1

Fee Includes

Other: 1

Dockage

None: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Refrigerator: 1 Washer: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Construction

Concrete: 1

Land Size

More than 1 Lot: 1

Utilities

Buyer to Verify: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2025-07-21 Sold Price: $21,393.86 Status: Closed

Property Features

License Info: SRX (Non-Transferab) Type: Bar Waterfront: None Waterview: No Waterview Dockage: None Utilities: Buyer to Verify Appliances: Dishwasher; Disposal; Dryer; Refrigerator; Washer Construction: Concrete Land Size: More than 1 Lot Fee Includes: Other
Listing Office: Berkshire Hathaway HomeServices Knight & Gardner Realty
Last Updated: July - 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.