59073 Overseas Highway, Marathon, FL 33050 (MLS# 600717)

59073 Overseas Highway, Marathon, FL 33050

$6,750,000

Property Type: Commercial Bedrooms: 2 Square Footage: 900 Lot Size (sq. ft.): 117,481 Status: Closed

Current Price: $6,750,000 List Date: 4/25/2022 Last Modified: 9/10/2024

Description

This Prime Bayside Marina is a diamond in the rough! Waterfront property is located in the heart of the middle Keys with 341' of frontage on Overseas Hwy at MM 59. Limited supply of Marina facilities in this immediate area serving Long Key, Conch Key, Duck Key, Grassy Key and Marathon. Total of 2.7 Acres of uplands. The City of Marathon recognizes 33 Wet Slips and 110 Dry rack storage. Four buildings with a total of over 22,000 sf. including 16,500 sf. metal frame boat storage barn. Businesses include operating Marina, Boat Ramp, Boat storage and wet slip rentals, Fishing Equipment rentals, Live & Frozen Bait & Tackle sales, plus fully & regularly stocked Grocery and Convenience Store with Beer & Wine license. Includes 4 on site apartments. Potential to add more boat barns and dry racks, likely could reintroduce Vehicle and Boat Fuel Sales, brand the convenience/gas store, plus many other options in this Mixed Use Zoning

More Information MLS# 600717

Contract Information

Listing Board: Key West Association Limited Representation: No Potential Short Sale: No Bank Owned: No For Sale/Lease: For Sale Current Price: $6,750,000 Listing Date: 2022-04-25 Sold Price: $6,750,000

Location, Tax & Legal

City: MARATHON Mile Marker: 58.9 Marathon Neighborhood: Grassy Key Side: Bay/Gulf Flood Zone: AE,AE,AE,VE,VE Alternate Key #: 1459062 Parcel #: 00375960-000000 Zoning: MU - Mixed Use Commercial Mixed Use Legal: TRACTS 11-12-13 SANS SOUCI PB2-160 GRASSY KEY G73-260 OR444-271 OR451-244/45 OR516-978/79 OR596-423 OR596-425 OR698-709 Taxes: 38488.36 Tax Year: 2021 Street #: 59073 Street Name: Overseas Street Suffix: Highway Key/Island: Marathon State/Province: FL Zip Code: 33050 Subdivision: Grassy Key (58.9) County: Monroe Area: 19 - Crawl Key & Grassy Key

General Property Description

Realtor.COM Type: Commercial Waterfront: Yes Control Depth: 35 Lot Size: 117481 Lot SqFt: 117481 Business Name: GRASSY KEY MARINA Total Units: 0 # Parking Spaces: ample Off Street Parking: ample # Stories: 2 Total # Buildings: 4 Building SqFt: 22069 Style: Commercial Living Apx SqFt: 900 Year Built: 1970 Total Bedrooms: 2

Remarks & Misc

Remarks – Consumer: This Prime Bayside Marina is a diamond in the rough! Waterfront property is located in the heart of the middle Keys with 341' of frontage on Overseas Hwy at MM 59. Limited supply of Marina facilities in this immediate area serving Long Key, Conch Key, Duck Key, Grassy Key and Marathon. Total of 2.7 Acres of uplands. The City of Marathon recognizes 33 Wet Slips and 110 Dry rack storage. Four buildings with a total of over 22,000 sf. including 16,500 sf. metal frame boat storage barn. Businesses include operating Marina, Boat Ramp, Boat storage and wet slip rentals, Fishing Equipment rentals, Live & Frozen Bait & Tackle sales, plus fully & regularly stocked Grocery and Convenience Store with Beer & Wine license. Includes 4 on site apartments. Potential to add more boat barns and dry racks, likely could reintroduce Vehicle and Boat Fuel Sales, brand the convenience/gas store, plus many other options in this Mixed Use Zoning

Association Info

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

Type

Apartment 3 or more: 1 Grocery/Convenience: 1 Marina: 1 Retail: 1

Fee Includes

Other: 1

Dockage

Boat Ramp: 1 Boat Slip: 1

Appliances

Range: 1 Refrigerator: 1

Waterfront

Bay Front: 1

Waterview

Bay/Gulf View: 1

Construction

CBS: 1 Combo Construction: 1

Land Size

2 Less Than 5 Acres: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2022-09-23 Sold Price: $6,750,000 Status: Closed

Property Features

Type: Apartment 3 or more; Grocery/Convenience; Marina; Retail Waterfront: Bay Front Waterview: Bay/Gulf View Dockage: Boat Ramp; Boat Slip Utilities: FKAA; Municipal Sewer Appliances: Range; Refrigerator Construction: CBS; Combo Construction Land Size: 2 Less Than 5 Acres Fee Includes: Other

Listing Office: RE/MAX Keys Connection (KW)

Last Updated: September - 10 - 2024

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