57622 Overseas Hwy Highway $1,350,000


    57622 Overseas Hwy Highway Marathon, FL 33050

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    • 3,082 sq. ft.
    • Commercial
    • MLS# 594236
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    Views: 42 Days On Site: 85

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    Property Details

    White Sands Inn is located in Marathon, FL on the Atlantic Ocean with views that will take your breath away. Unfortunately, hurricane Irma took it's toll on the first floor of this little motel. The owners have made most major repairs but ran out of money to complete the motel. Currently being sold as-is with the new owner to complete the first floor. The second floor was not damaged and occupied. All reasonable offers will be considered. Don't let this deal get away. Seller has all plans and estimates to pass on to the new owner. Most of the major work is completed. Call for details. Please do not visit the property without an appointment. Property comes with 1 market rate (single family building right) and 4 transient motel rights.

    • General Features
      • Land Size 1 Less Than 2 Acres
      • Building Square Footage 3,082
      • For Sale or Lease For Sale
      • Type Apartment 3 or more, Hotel/Motel
      • Style Commercial
      • As Is Right to Inspect Yes
      • Fee Includes None
      • Subdivision Grassy Key (58.9)
      • Key Island Marathon
      • Potential Short Sale No
      • Bank Owned No
      • Taxes $17,655
      • Tax Year 2019
    • Building Features
      • Appliances Range, Refrigerator
      • Construction Frame
      • Stories 2.0
    • Property Features
      • Dockage - Dock Wood
      • Side Ocean
      • Water View Ocean View, Open Water View
      • Waterfront Property Yes
      • Waterfront Type Oceanfront, Open Water
      • Utilities FKAA, Municipal Sewer, Separate Meters
      • Zoning MU - Mixed Use Commercial Mixed Use



    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

    $574,300 Median Sales Price
    69 Homes Sold
    53 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: $1,350,000
        3/27/2021 7:26:54 PM Status Changed Source New Value: Contingent/Show
        3/19/2021 8:23:30 AM Price Reduced Source New Value: $1,350,000 -6.9%
        3/12/2021 9:23:25 AM Status Changed Source New Value: Active
        2/21/2021 8:23:24 AM Status Changed Source New Value: Contingent/Show
        1/19/2021 1:24:00 PM New in Database Source New Value: $1,450,000

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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 2021 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.