11711 Overseas Hwy Highway

MARATHON, FL, 33050

$350,000

$350,000
Under Contract
Under Contract
 - For Sale
baths
2 Baths
property_type
Commercial
calendar
Built 1957
Terrific, money making Mom & Pop business. Perfect business for new owner/operators. Same owners nearly 20 years and retiring. Well known and a local's favorite 30 seat restaurant and Fish & Meat Market. Very favorable long term lease in a visible location on Overseas Hwy. Affordable rent of $2,500 per mos. plus sales tax & utilities. Gross near $740,000 in 2021 and strong net income. Includes business name, domain & website www.floridalobster.com, menu, all furniture, fixtures and equipment & agreed upon inventory. Room to grow by opening weekends, expanding retail lines, increasing prices and new blood! 4.5 Stars on Tripadvisor and #8 of 76 places to eat in Marathon. Financials are available to qualified buyers with a Confidential and Non-Disclosure Agreement.
MLS® ID:
599897
Listed:
3/1/22
Updated:
8/12/22
Sotheby's International Realty
OceanSIR

Interior Features

Total Bedrooms
0
Total Bathrooms
2

Exterior/Building Features

Lot Size
8,615 ft² lot
Architectural Style
Commercial

Other Property Details

Area Name
Sombrero Bch Rd to Vaca Cut - Oceanside
Taxes
$4862.65
Tax Frequency
per YEAR
Garage
No
View
Y
County
Monroe
Utilities
Buyer to Verify
Zoning
MU - Mixed Use Commercial Mixed Use

Property History

Date
Event
Price
Value
7/6/22
Under Contract
-
-
3/8/22
Price Change
$350,000
-22%

 

Courtesy of Gregory Dully, RE/MAX All Keys Real Estate

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
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