12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
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12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
12685 Overseas Highway
For Sale

12685 Overseas Highway

12685 Overseas Highway, Marathon, FL 33050

$8,750,000
Waterfront motel and marina property in Marathon offered with thirteen transferable transient building rights, highway frontage, and redevelopment potential.Sea Cove is located on Overseas Highway with approximately 200 feet of US-1 frontage, more than two acres of buildable uplands, and additional bay bottom ownership. The property has a long history of marina and lodging use and includes an existing boat ramp with direct boating access. The site has historically supported motel operations, marina services, and small retail activity.The offering includes the real estate together with thirteen transferable transient building rights that allow nightly rental use within the City of Marathon, subject to zoning and City approval if relocated.Previous planning and engineering work studied redevelopment of the site as a marina focused project. Concept plans illustrate a dry boat storage structure of approximately 33,000 square feet accommodating roughly 150 dry racks together with approximately 30 wet slips. Prior discussions have also included extended dockage approaching 550 feet and potential marina services including fueling facilities, subject to required approvals.The site includes significant waterfront area together with bay bottom ownership that has historically supported dockage and marina activity.Showings by appointment only. Please do not visit the property or speak with employees without listing agent present.

5,735 Sq.Ft. LIVING AREA

2.4 Acres lot

Features & Amenities

Interior

  • APPLIANCES No Appliances

Area & Lot

  • Status For Sale
  • Living Area5,735 Sq.Ft.
  • Total Area5,735 Sq.Ft.
  • Lot Area2.4 Acres
  • MLS® ID618856
  • TypeCommercial
  • YEAR BUILT1957
  • NeighborhoodMarathon
  • Water FrontageOpen Water
  • View DescriptionOpen Water View, Harbor/Marina View

Exterior

  • STORIES1
  • utilitiesFKAA, Buyer to Verify, Municipal Sewer
  • lot features2 Less Than 5 Acres
  • parkingCommon Parking, Trailer Storage, Off Street Parking, Guest Parking
  • HOA AmenitiesNone

Financial

  • Sales Price$8,750,000
  • Real Estate Tax $19,477/yr
  • Zoning MU - Mixed Use Commercial Mixed Use
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Schedule a Showing

We would love to show you this beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Showing

We would love to show you this beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 12685 Overseas Highway, Marathon, FL 33050. We are reviewing your request and will be in touch shortly!

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