Address Withheld By Seller, Marathon, FL 33050

Marathon
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Address Withheld By Seller,Marathon, FL 33050
$4,900,000
  • 3.69 Acres
  • Lots / Land
  • Active
Listed by: stephany duvall
Office: engel & vlkers marathon
MLS#:615454
Source:FL_FKBOR

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Price summary

  • Price:$4,900,000

About this home

Unlock the full potential of the Florida Keys commercial market with this offering of a rare combined set of parcels including Lot 2 & Lot 3 on Overseas Highway, and an additional parcel of ~3.0 acres of submerged bay bottom located in the heart of Marathon. These adjacent parcels and bay bottom present a unique opportunity for developers, investors, or end-users seeking high-traffic frontage, open-water access, and bay bottom rights. Property is zone Mixed Use Commercial (MU-C). Currently has two concrete dwellings on-site with 3 building rights, deep water access, and dockage. Direct open water with panoramic views and potential for dock development, boating, or a water sport business. Ideal for possible hotel/motel, retail, restaurant, marina, or mixed-use commercial ventures (subject to city approval). High visibility corridor daily on US-1/Overseas Highway. Benefit from strong foot traffic and year-round visitors. Ownership of the bay bottom opens unique possibilities for...

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Home facts

  • Listing ID #:615454
  • Added:11 day(s) ago
  • Updated:May 09, 2026 at 02:50 PM

Structure and exterior

  • Lot area:3.69 Acres
  • Lot Features:Highway Frontage, Water Frontage

Finances and disclosures

  • Price:$4,900,000
  • Tax amount:$22,827

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