, Marathon, FL 33050 (MLS# 615114)

Marathon, FL 33050

$3,100,000

Property Type: Commercial Sale Lot Size (sq. ft.): 80,400 Status: Active

Current Price: $3,100,000 List Date: 5/21/2025 Last Modified: 11/21/2025

Description

Unlock the potential of a rare waterfront asset in the Florida Keys. Positioned directly on Overseas Highway in Marathon, this property offers the foundation for a high-impact commercial or mixed-use redevelopment. Key features include very large parcel of commercial land and ~3.0 acres of submerged Bay Bottom-valuable for marine operations or added water access. Utility ready with electric and sewer connections in place. Existing dock is 150 ft. long, strong waterfront rights for boating, retail, or hospitality integration. This property sits in a high visibility, high traffic corridor with strong tourism and marine commerce potential. Whether you're targeting a boutique resort, marina operation, restaurant/bar, or mixed use development, this site offers a flexible canvas with real upside. Location. Access. Waterfront. Infrastructure. It's all here ready for your vision.

More Information MLS# 615114

Contract Information

Listing Board: Marathon/Lower Keys Limited Representation: No Potential Short Sale: No Bank Owned: No Current Price: $3,100,000 Listing Date: 2025-05-21 List Price: $3,100,000

Location, Tax & Legal

City: MARATHON Mile Marker: 54 Marathon Neighborhood: Coco Plum Side: Ocean Flood Zone: AE,AE Alternate Key #: 1444758 Add'l Parcel #1: 00100230-000000 Parcel #: 00362670-000000 Zoning: MU - Mixed Use Commercial Mixed Use Legal: LOT 3 DRIFTWOOD ESTATES PB2-132 FAT DEER KEY OR527-841 OR886-957 OR1068-1148 OR1159-280 OR1159-1004 OR1273-115 OR1599-1 Taxes: 8763.15 Tax Year: 2024 Key/Island: Marathon State/Province: FL Zip Code: 33050 Subdivision: Driftwood Estates (54.0) County: Monroe Area: 18 - East of Holiday Inn US #1 & Coco Plum

General Property Description

Realtor.COM Type: Commercial Waterfront: Yes Control Depth: 6 Lot Size: 120 x 670 Lot SqFt: 80400 Business Name: LAMA REAL ESTATE MAN SqFt Source: Property Data Card Style: Commercial Year Built: 1963

Remarks & Misc

Remarks – Consumer: Unlock the potential of a rare waterfront asset in the Florida Keys. Positioned directly on Overseas Highway in Marathon, this property offers the foundation for a high-impact commercial or mixed-use redevelopment. Key features include very large parcel of commercial land and ~3.0 acres of submerged Bay Bottom-valuable for marine operations or added water access. Utility ready with electric and sewer connections in place. Existing dock is 150 ft. long, strong waterfront rights for boating, retail, or hospitality integration. This property sits in a high visibility, high traffic corridor with strong tourism and marine commerce potential. Whether you're targeting a boutique resort, marina operation, restaurant/bar, or mixed use development, this site offers a flexible canvas with real upside. Location. Access. Waterfront. Infrastructure. It's all here ready for your vision. Directions: Please use entrance off of Overseas Highway, 13755 with permission from the agent and seller.

Deed Restrictions

Unknown: 1

Association Info

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

Type

Boat Care: 1 Boat Sales/Service: 1 Other Comrcl Style: 1

Fee Includes

None: 1

Dockage

Dock Length: 150 Dock: Wood Dock Permit: Yes

Accounts & Meters

# Electric Meters: 2

Appliances

No Appliances: 1

Waterfront

Oceanfront: 1 Open Water: 1

Waterview

Harbor/Marina View: 1 Ocean View: 1 Open Water View: 1

Vehicle Storage

Guest Parking: 1 Common Parking: 1 Trailer Storage: 1

Construction

Concrete: 1

Land Size

2 Less Than 5 Acres: 1

Utilities

Buyer to Verify: 1 FKAA: 1 Sewer Available: 1

Title

Negotiable: 1

Property Rights

Multi-Use/Commercial: 1

Miscellaneous

High Traffc Location: 1 High Visibility: 1 Highway Frontage: 1 Open Water View: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Status: Active

Property Features

Deed Restrictions: Unknown Type: Boat Care; Boat Sales/Service; Other Comrcl Style Waterfront: Oceanfront; Open Water Waterview: Harbor/Marina View; Ocean View; Open Water View Vehicle Storage: Common Parking; Guest Parking; Trailer Storage Utilities: Buyer to Verify; FKAA; Sewer Available Appliances: No Appliances Miscellaneous: High Traffc Location; High Visibility; Highway Frontage; Open Water View Construction: Concrete Land Size: 2 Less Than 5 Acres Fee Includes: None Title: Negotiable Property Rights: Multi-Use/Commercial

Listing Office: Engel & Völkers Marathon

Last Updated: November - 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.