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7435 Overseas Highway
Marathon FL 33050 US

$2,450,000

Active Listing ID 612249
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4 bed
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2.00 Bath (2 Full)
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Other

$2,450,000

Active Listing ID 612249
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7435 Overseas Highway Presenting one of the last significant parcels available in the Middle Keys! This expansive 1.61-acre property boasts over 200 feet of prime frontage on US Highway 1, making it an ideal location for high-visibility commercial or mixed-use development. The property includes a 2, 979 sq. ft. commercial building and has site plan approval for eight residential market-rate units, offering an incredible opportunity to generate both commercial and residential income. The property also has an SRX liquor license approved by the city. The affordable housing density permits up to 24 units, aligning with city code to address local housing needs. Additionally, the property features three curb cuts on US 1, side street access via 75th Street, and a median cut for easy access from both directions. A high-profile billboard on-site provides exceptional signage visibility for businesses. There are also four existing ROGOs, with the option to negotiate these separately. Whether you're considering commercial, residential, or a mixed-use development, this strategically located parcel offers a rare opportunity to leverage the vibrant growth of the Middle Keys.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 2450000
  • unparsedaddress: 7435 Overseas Highway
  • postalcity: Marathon
  • stateorprovince: FL
  • country: US
  • postalcode: 33050
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 24.720337
  • longitude: -81.060432
  • listagentfullname: Team Gardner/Langley
  • listagentemail: commercial@keysrealestate.com
  • listagentkey: 3yd-KWARFL-20080619155121704955000000
  • listagentmlsid: 20080619155121704955000000
  • listagentpreferredphone: 3052945155
  • listagentofficephone: 3052945155
  • listofficekey: 3yd-KWARFL-20070803221344494963000000
  • listagentstatelicense: BK612006
  • listofficemlsid: 20070803221344494963000000
  • disclaimer: Copyright © 2024 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: KWARFL
  • yearbuilt: 1991
  • listagenturl: http://www.keysrealestate.com
  • countyorparish: Monroe
  • parcelnumber: 00343500-000000
  • appliances: None
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • view: Water
  • waterfrontyn: False
  • franchiseaffiliation: Berkshire Hathaway HomeServices
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -81.06043, 24.720337
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"susan@keysrealestate.com", "ListBrokerageCity":"Key West", "ListBrokerageCountry":"US", "ListBrokerageEmail":"info@keysrealestate.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/KWARFL/060114707e9011e1b78c12313904e194/20190802195037982.png", "ListBrokerageName":"Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty", "ListBrokeragePhone":"305-294-5155", "ListBrokeragePostalCode":"33040", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"336 Duval St", "ListBrokerageWebsiteUrl":"http://www.keysrealestate.com", "ListOfficeAddress1":"336 Duval St.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"20110223211150165049000000", "ListOfficeCity":"Key West", "ListOfficeCountry":"US", "ListOfficeEmail":"info@keysrealestate.com", "ListOfficePostalCode":"33040", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Apartment 3 or more, Bar, Retail, Restaurant, Office Buildings, Hotel/Motel", "ListingURL":"https://listings.listhub.net/pages/KWARFL/612249/?channel=rexren", "MLSModificationTimestamp":"2024-11-14T18:14:59Z", "Neighborhoods":[{"Description":null, "Name":"16 - Sombrero Bch Rd to Vaca Cut - Oceanside"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":23601, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/15/2024 2:14:15 AM GMT
Source Updated Date: 12/22/2024 6:50:18 AM GMT

Courtesy of: Team Gardner/Langley, Berkshire Hathaway Knight & Gardner, commercial@keysrealestate.com

Copyright © 2024 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.