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8700 Overseas Highway

Marathon, FL 33050
  • $6,900,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 613755
Price Reduced
UPDATED: 60 min ago
$6,900,000
  • 0
    BEDS
  • 1.67
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS

School Ratings & Info

Description

Seller is calling for offers...Attention Developers!!!....Direct oceanfront development opportunity located in the Economic Opportunity Zone in the Middle Keys. 1.67 acres with concrete seawall in place for (5) 30' dock spaces and (5) 30'-40' T-Docks are in permitting. Development agreement in place with the City of Marathon for (10) single family villas with (10) building entitlements in hand to start building today. Villas are concrete construction, four bedroom, 3.5 bath 2,643 sf under air, impact windows/doors/, metal roofs, open porches, roof top deck, elevator, private pools and assigned docks.This property features a protected boat basin with six lots and four oceanfront point lots with direct open ocean views and access. This rare, oceanfront parcel would make a fabulous private multi-family compound or build (10) vacation rental income producing villas and take advantage of the tax benefits from the EOZ.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Keys Home Network are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.keyshomenetwork.com/homes/160608552
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8700 Overseas Highway Marathon, FL 33050

  • Price: $6,900,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 60 min ago
  • MLS #: 613755
0
Beds
0
Baths
0
½ Baths
1.67
Acres
Neighborhood:
Misc Marathon East O (52.0)
County:
Monroe
Area:
16 - Sombrero Bch Rd To Vaca Cut - Oceanside
Property Description
Seller is calling for offers...Attention Developers!!!....Direct oceanfront development opportunity located in the Economic Opportunity Zone in the Middle Keys. 1.67 acres with concrete seawall in place for (5) 30' dock spaces and (5) 30'-40' T-Docks are in permitting. Development agreement in place with the City of Marathon for (10) single family villas with (10) building entitlements in hand to start building today. Villas are concrete construction, four bedroom, 3.5 bath 2,643 sf under air, impact windows/doors/, metal roofs, open porches, roof top deck, elevator, private pools and assigned docks.This property features a protected boat basin with six lots and four oceanfront point lots with direct open ocean views and access. This rare, oceanfront parcel would make a fabulous private multi-family compound or build (10) vacation rental income producing villas and take advantage of the tax benefits from the EOZ.
Exterior Features

Construction CBSOtherConcrete Dockage Dock PrivilegesAssigned Dock Dockage Dock Concrete Dockage Seawall Concrete Land Size 1 Less Than 2 Acres Lot Size 1.67 Roof Metal Roof Side Ocean Style Commercial Vehicle Storage Covered Parking Waterfront OceanfrontCanal Front Waterfront YN Yes Waterview Canal ViewOcean ViewOpen Water View

Interior Features

Appliances Dishwasher Appliances Other YES Cooling Heating Central Air Floor Tile Windows Doors Impact Rstnce WindowImpact Rstnce Doors

Property Features

Assoc Hoa YN Yes Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City MARATHON Commercial Type Other Services Control Depth 4 Deed Restrictions No Fee Includes None Fema List No Legal 1 66 32 KEY VACCAS PT LOT 4 OR1360-1125/26 OR136 Listing Board Marathon/Lower Keys Mile Marker 52.00 Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Property Rights Tranfrble Dev Right Property Type Commercial Recorded Plat Yes Tax Year 2024 Taxes 10957.26 Utilities FKAASeparate MetersMunicipal Sewer Zoning MU - Mixed Use Commercial Mixed Use

Listing courtesy of Jo Ann Cook of Ocean Sotheby's International Realty: .


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Keys Home Network are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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