7537 Overseas Highway $3,995,000

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    7537 Overseas Highway Marathon, FL 33050

    • 6,750 sq. ft.
    • Commercial
    • MLS# 590248
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    Views: 28 Days On Site: 231

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    Property Details

    Prime Mixed Use property in Marathon. Great location on Overseas Hwy directly across from Marathon airport and in center of town. 1.61 Acre property Includes entitlements for 10 Market Rate Residential Units, currently 2 apartments on site. 302' of frontage on US Hwy 1 with AADT count over 31,000 cars per day & easy access on/off highway. Mixed Use (MU) Zoning allows many commercial and residential uses. Large 8 x 18' Grandfathered Sign. AE Flood Zone. Formerly a popular Restaurant and Bar and large Nursery operation.

    • General Features
      • Land Size 1 Less Than 2 Acres
      • Building Square Footage 6,750
      • Type Auto Care, Auto Sales, Boat Care, Boat Sales/Service, Other Comrcl Style, Other Services
      • Style Commercial
      • Fee Includes None
      • Subdivision Paraiso Estate (51.0)
      • Key Island Marathon
      • Potential Short Sale No
      • Bank Owned No
      • Taxes $22,831
      • Tax Year 2019
    • Building Features
      • Construction Frame
    • Property Features
      • Dockage None
      • Side Median
      • Water View No Waterview
      • Waterfront Property No
      • Waterfront Type None
      • Utilities Buyer to Verify, FKAA, Municipal Sewer
      • Zoning MU - Mixed Use Commercial Mixed Use

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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

    $540,000 Median Sales Price
    44 Homes Sold
    61 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: $3,995,000
        3/12/2020 4:29:00 PM New in Database Source New Value: $3,995,000

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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.