1090 Overseas Highway $3,150,000

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    1090 Overseas Highway Marathon, FL 33050

    • Commercial
    • MLS# 590081
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    Views: 15 Days On Site: 236

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    Property Details

    Listed $50,000 under appraised value. Rare opportunity to purchase the Historic 7 Mile Marina less than a mile from 7 Mile Bridge with over 360ft of US-1 frontage! Commercial property consists of protected marina, 3,600 sqft building. Marathon approved transferable building rights allowing 9,332 of commercial floor area, two tax keys totaling +/- 54,768 sqft or 1.25 acres. Property being sold ''AS IS'' no warranties or representations and no leases. Includes a deed restriction for neighboring property not to store straps within 75 ft of NE property line. Prior to 2014 fire, property had a 150 seat restaurant and office.

    • General Features
      • Land Size 1 Less Than 2 Acres
      • For Sale or Lease For Sale
      • Type Boat Sales/Service, Marina, Other Services, Restaurant, Retail
      • Style Commercial
      • As Is Right to Inspect Yes
      • Fee Includes None
      • KW Neighborhood Outside of Key West
      • Subdivision Riggs Sub (47.5)
      • Key Island Marathon
      • Potential Short Sale No
      • Bank Owned No
      • Taxes $11,383
      • Tax Year 2019
    • Building Features
      • Appliances No Appliances
      • Construction Other Construction
    • Property Features
      • Dockage - Dock Concrete
      • Dockage - Seawall Concrete
      • Side Bay/Gulf
      • Waterfront Property Yes
      • Waterfront Type Gulf Front
      • Utilities Buyer to Verify
      • Zoning MU - M - Mixed Use - Maritime

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    Neighborhood

    33050 (Marathon) Demographics

    43 Median Age
    1,036 Population Density (per sq. mile)
    35% College Educated
    $52,250 Estimated Median Income
    2,067 Estimated Total Home Owners
    1,429 Estimated Total Renters
    59% / 41% Estimated Owner / Renter Divide
    4 Estimated Average Household Size
    9,417 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $494,000 Median Sales Price
    42 Homes Sold
    57 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $3,150,000
        3/3/2020 4:24:00 AM New in Database Source New Value: $3,150,000

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        Listing information is provided in part by the Internet Data Exchange (IDX) program of the Florida Keys Board of REALTORS®, Inc. The information on this website is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2020 Florida Keys Board of REALTORS®, Inc. All rights reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.