1622 Overseas Highway

MARATHON, FL, 33050

$9,900,000

$2,911 per ft²
$9,900,000
$2,911 per ft²
Active
Active
 - For Sale
carpenters-square
3,400 ft²
property_type
Commercial
calendar
Built 1938
Incredible Waterfront Development opportunity Bayside in Marathon. 3.65 Acres of Bayside Uplands plus 1.1 Acre of environmentally sensitive land. Private boat basin with 10 or more boat docks able to accommodate up to 36' Vessels. Recent City of Marathon approval for 8 Waterfront units, 6 market rate and 2 Transient Dwelling units. See uploaded docs. Current plans available call for a Gated community with eight 3,500 sf. Waterfront Estate Homes each 2 story, 4bd/4.5 bath with separate 2bd/2.5ba Guesthouse. Each home will have private pools, parking, massive decks and porches. Compound would include tennis courts and a shared conference room. In addition, approval for 3,400 sf. of Commercial Transferrable Building Rights (TBR's) which will be separate from the residential development with a wall and heavy tropical landscaping. Owner may consider Seller financing to qualified buyer.
MLS® ID:
598912
Listed:
12/22/21
Updated:
8/12/22
Sotheby's International Realty
OceanSIR

Exterior/Building Features

Lot Size
4.75 acres lot
Architectural Style
Commercial

Other Property Details

Area Name
7 Mile Bridge to Sombrero Bch Rd E & W
Taxes
$35573.89
Tax Frequency
per YEAR
Garage
No
View
Y
County
Monroe
Utilities
FKAA, Municipal Sewer
Zoning
MU - M - Mixed Use - Maritime

 

Courtesy of Curtis A Skomp, CCIM, RE/MAX Keys Connection (KW)

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys Board of Realtors®, Florida Keys MLS, Inc. Real Estate Listings held by brokerage firms other than Sotheby's International Realty are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

Copyright 2022 Florida Keys Board of Realtors®, Florida Keys MLS, Inc.

Data last updated: 8/12/22

Sotheby's International Realty
OceanSIR
Contact