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$310,000
Marathon
First Professional   - MM: 50.00
Bed, Baths, 947 SqFt Days Listed: 128
Commercial - Active - Waterfront No
Side of Island: Ocean - n/a

GREAT OPPORTUNITY TO OWN WELL ESTABLISHED BEAUTY SALON OR SPACE TO SUIT BYERS NEEDS. PROFESSIONAL OFFICES ONLY ALLOWED BY CONDO RULES. Currently set up for 3-4 hair stylists, 2 private rooms for massage or esthetician, and room for manicurists. Seller cannot close prior to January 2, 2025, however the Buyer can lease the space with no structural changes prior to closing.

$479,000
Marathon
Gulfside Village   - MM: 50.00
1 Bed, 1 Baths, 1,421 SqFt Days Listed: 212
-12.91% ($71,000) 4 Price Changes : Last Change 2 Days Ago
Commercial - Active - Waterfront No
Side of Island: Bay/Gulf - n/a

Come see this beautiful office that has been completely renovated recently. With over 1,400 sq feet of office, this would make a great Dr. Office, Real Estate, Exc.Seller will consider leasing property out!!

$585,000
Marathon
Gulfside Village   - MM: 50.00
1 Bed, 1 Baths, 1,860 SqFt Days Listed: 272
Commercial - Active - Waterfront No
Side of Island: Bay/Gulf - n/a

Commercial Space Directly in the Middle of Gulfside Village. Triple Net Long Term Lease with existing Verizon Wireless tenants. Excellent Visibility! Excellent Rental History! Gulfside Village offers ample parking spaces, clean shopping center and friendly retail owners. Unit 21 has 1,860 sq feet of space, half bathroom and large storage/office area in the back of the store. Please DO NOT DISTURB the existing tenants/company.

$725,000
Marathon
Fat Deer Key   - MM: 53.00
3 Bed, 3 Baths, 1,784 SqFt Days Listed: 337
-23.68% ($225,000) 2 Price Changes : Last Change 193 Days Ago
Residential I - Active - Waterfront No
Side of Island: Bay/Gulf - n/a

Commercial property along US 1 with highway frontage. This property features an 8,091 sq ft. lot and 1,784 sq ft. Double-sided billboard included producing $2,000 monthly. Zoned for mixed-use commercial, it offers versatile business potential, as well as outside storage. Currently a residence, presenting an opportunity for conversion to commercial use.

$975,000
Marathon
Key Colony Subdivision   - MM: 53.00
Bed, Baths, SqFt Days Listed: 361
Commercial - Active - Waterfront No
Side of Island: Median - n/a

Remarkable opportunity to build a direct highway frontage commercial building in the heart of the Keys! This could be an owner occupied business or investment property. Current plan is for a 2700sqft building with drive through. Previous plans called for five units of 1000sqft (retail & professional services) in one building for a total of 5,000sqft. Owner is also open to a ground lease depending on terms. Residential TBR that was connected to this lot has been split off and sold. This listing is for the lot only. Phase 1 complete, ready for your buildout!Do not walk property, it is fenced/locked.

$1,550,000
Marathon
Palms, The   - MM: 53.00
1 Bed, 1 Baths, 2,359 SqFt Days Listed: 325
Commercial - Active - Waterfront No
Side of Island: Ocean - n/a

Welcome to your ideal commercial space for auto repair in Marathon, Florida! This strategically located building is designed to meet all your automotive business needs. Take advantage of its prime position just off the Overseas Highway, ensuring maximum exposure for your enterprise. The building is fully equipped for auto repair, featuring two spacious car bays and multiple car lifts. Whether youre conducting routine maintenance or more complex repairs, this space is tailored to streamline your operations. Efficiently manage your business with the included office space. A dedicated area for paperwork, client consultations, and administrative tasks ensures a well-organized workspace. Additionally, ample storage space is available for your tools and equipment. Enhance your capabilities with an additional concrete ramp lift on the side of the building. This feature adds versatility to your services, allowing you to handle a variety of automotive projects. Strategic Location Situated right off the Overseas Highway, your business will benefit from high visibility and easy accessibility. This prime location is sure to attract passing traffic and potential customers, boosting your brand presence. Enjoy the convenience of rear access via 105th Street, providing an alternate entry point for deliveries, staff, or clients. This accessibility adds flexibility to your business operations. The building includes 1 bd/ 1 ba apartment on the upper floor. This presents a unique opportunity for added income or provides a comfortable living space for on-site management.This commercial property is not just a workspace; its a strategic investment in the success of your auto repair business. Take advantage of the comprehensive facilities, prime location, and additional income potential. Dont miss out on this opportunity to elevate your automotive business. Contact us today to schedule a viewing!

$1,650,000
Marathon
Key Colony Subdivision   - MM: 53.00
Bed, Baths, 7,130 SqFt Days Listed: 304
-8.33% ($150,000) 1 Price Change : Last Change 63 Days Ago
Commercial - Active - Waterfront No
Side of Island: Bay/Gulf - n/a

ATTENTION ALL INVESTORS! Dont miss this opportunity of a lifetime that has just come about after being in the family for over 50 years, the largest stand alone commercial warehouse building 7,130 sqft in Marathon, is now up for sale, built in 1974 and totally remodeled in 2018/2019 with a new hurricane rated commercial grade metal roof, completely rewired with all new LED lighting, new HVAC systems, remodeled ADA compliance bathrooms, interior and exterior walls painted, new hurricane proof loading area door, fully insulated and landscaped. This property is located directly off HWY US1, with great visibility and highway frontage access.What makes this property appealing to all investors is the well- established long term nationally recognized tenant (Advanced Discount Auto Parts) who has occupied the building since 1991 (33 years) (Absolute NNN + Lease), with no expenses to the owner whatsoever, the nationally recognized tenant maintains all the building expenses and property maintenance, including maintaining the roof, HVAC systems, plumbing, electrical, exterior and interior walls and the property. The tenant is also required by the lease to be responsible for all insurances, including providing liability insurance for the tenant and the landlord, flood, wind and fire insurance, plus all taxes accessed on the property including the sales and use taxes. All these expenses are approximately 45K to 55K annually and paid by the tenant directly, not including any and all maintenance expenses paid by the tenant. So dont miss this opportunity!!Absolute NNN + Lease in place until 2032:March 2022 to Feb. 2027: $5,954.00 per monthMarch 2027 to Feb. 2032: $6,527.00 per month ..(3) additional 5-year tenant renewal options starting in 2032 and ending in 2047. 6th Extension: March 2032 to Feb. 2037 $9,000.00 monthly, 7th Extension: March 2037 to Feb. 2042 $10,000.00 monthly, 8th Extension March 2042 to Feb. 2047: $11,000.00 monthly

$1,799,000
Marathon
Coco Plum   - MM: 54.60
Bed, Baths, SqFt Days Listed: 75
Commercial - Contingent - Waterfront Yes
Side of Island: Ocean - n/a

Limitless opportunities with this waterfront commercial property in Coco Plum -Marathon, Florida. This 19,602 sq. ft. lot awards you with ample space on a very wide 100 ft. canal. Whether youre looking for a place to run a fishing business or just need somewhere to put all your land and water toys, this is it! Theres plenty of room for RVs, vehicles, trailers & more with 115 of waterfront dockage. Ocean access is almost immediate from this property, ideal for anyone utilizing deep water slips. A portion of the bay bottom conveys, 50 foot vessels can easily be accommodated. Real estate only, no business conveys.

$1,999,999
Marathon
Little Venice   - MM: 53.00
Bed, Baths, 3,429 SqFt Days Listed: 47
Commercial - Active - Waterfront No
Side of Island: Median - n/a

Prime corner location and fantastic commercial opportunity! This oversized CBS building has 3,429 sq feet of air conditioned space plus a double drive through and an open patio upstairs. Commercial zoning allows for many office or retail uses. Very visible 15,000 sq ft corner lot with ample parking for customers and employees.

$2,100,000
Marathon
Stirrup Key Bight   - MM: 52.50
Bed, Baths, 4,140 SqFt Days Listed: 68
Commercial - Active - Waterfront No
Side of Island: N/A - n/a

Business & Real Estate - Now available is a unique opportunity to own both the real estate and the business of Captain Brians Pool and Spa, a well-established and highly profitable pool and spa company in Marathon, FL. Located at 10699 Aviation Blvd, this turnkey business has been serving the Florida Keys since 2018, providing American-made hot tubs, pool supplies, and landscaping services to a loyal clientele of over 100 residential and commercial customers.Situated on a busy corner, this property offers high visibility and easy access, surrounded by other popular Marathon attractions. The building itself is solidly built with concrete block construction and has been well-maintained, boasting 4,284 sq. ft. of space that includes a large showroom and ample storage areas. The layout provides flexibility for future expansion, whether adding more retail space or extending services.Captain Brians Pool and Spa is the exclusive dealer of Strong Spas in the Keys, positioning it as the go-to destination for luxury hot tubs and pool essentials. The business is currently generating substantial cash flow, with ample opportunity to grow through expanded services, increased hours of operation, or new product offerings.

$2,200,000
Marathon
Woodburns Subdivision   - MM: 49.50
7 Bed, 7 Baths, 2,614 SqFt Days Listed: 251
Commercial - Active - Waterfront No
Side of Island: Bay/Gulf - n/a

Exceptional 6-unit multi-family commercial property conveniently accessible from both 51st Street and 50th Street. This property offers unparalleled convenience and charm in the heart of Marathon. Comprised of three buildings surrounding a serene courtyard oasis complete with a sparkling pool, tiki bar, and grill. Boasting a total of five efficiencies and a separate two-bedroom, two-bathroom unit, making it an investors dream. Each unit has undergone extensive remodeling, featuring tile floors, impact windows, AC systems, state-of-the-art appliances, cabinets, and quartz countertops. Ample off-street parking for over eight vehicles. Zoned MU Commercial with six TBRs (Building Rights), this property offers versatile opportunities for investors, whether for short-term rentals, long-term leasing, or commercial endeavors.CA/NDA and proof of funds or bank pre-approval is required.

$2,450,000
Marathon
Paraiso Estate   - MM: 51.00
4 Bed, 4 Baths, 2,396 SqFt Days Listed: 31
Commercial - Active - Waterfront No
Side of Island: Ocean - n/a

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 youre 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.

$3,200,000
Marathon
Riggs Subdivision   - MM: 47.50
4 Bed, 4 Baths, 2,565 SqFt Days Listed: 328
Residential I - Active - Waterfront Yes
Side of Island: Bay/Gulf - n/a

Waterfront multifamily. More than one acre on the water. Demo existing multifamily and rebuild to suit. Adjacent commercial lot included in sale (parcel id 00101610-000300). Many possible uses. See attachment. Call today.

$3,950,000
Marathon
Marathon Beach   - MM: 49.00
4 Bed, 4 Baths, 7,706 SqFt Days Listed: 53
-12.22% ($550,000) 2 Price Changes : Last Change 10 Days Ago
Commercial - Active - Waterfront No
Side of Island: Bay/Gulf - n/a

Rare chance to acquire an iconic restaurant, bar, and retail opportunity, with a uniquely versatile 5 COP unrestricted Liquor License. The sale includes real estate, renovated building, and a spacious 4+ -bedroom, 2-bathroom apartment on the second floor currently listed on Airbnb. The property boasts a large indoor bar and dining area with air conditioning, as well as an outdoor bar with a stage for live performances. Situated on the highly visible Overseas Highway, it offers over 340 feet of highway frontage, a prominent billboard for southbound traffic, and a historic neon sign visible to northbound travelers. There is plenty of parking for both employees and customers, and the property underwent major renovations between 2016 and 2017, with additional upgrades made recently. Included in the sale are all furnishings, fixtures, restaurant and liquor store equipment, coolers, and a unique 5 COP unrestricted liquor license, and inventory. The property also includes a transferable city of Marathon Market Rate TBR (Transferable Building Right.) and is licensed for 157 seats, covering both indoor and outdoor areas.Despite its established reputation for cold drinks, great food, a pub atmosphere, arcade games, and live music, there is still room for significant growth with hands-on ownership. This property offers a solid foundation and excellent potential for further expansion and success.The Overseas Pub& Grill has played a significant role in Marathon for over 70 years. Most recently the establishment has become the center of a robust philanthropic effort, spearheaded by key personnel, raising considerable funds for those needing help, both near and far.

$6,290,000
Marathon
Marathon Heights   - MM: 50.50
13 Bed, 13 Baths, 4,461 SqFt Days Listed: 284
-9.82% ($685,000) 1 Price Change : Last Change 58 Days Ago
Commercial - Active - Waterfront No
Side of Island: Bay/Gulf - n/a

A rare and unique income producing Hotel in Marathon. Tropical Cottages is a boutique & very profitable Mom and Pop Motel. Total of 11 valuable Transient Licenses, 13 Rooms plus office with kitchen & check in room. There are 9 buildings on the property, 8 adorable free standing cottages and the main building with 3 rooms. Each room has been tastefully and tropically renovated inside and out. Each room is unique and comes fully furnished. Most of the units have small kitchenettes including sink with microwave and refrigerator. All units have refrigerator & microwave. Each of the cottages have shiny new Victorian shingle roofs. Additionally, there is a large Tiki Hut & Bar along with Food Truck with seating area. The Food Truck is leased for $5,000 per mos. and the Tiki Bar operations are owner operated. Both add to income and a great amenity for the guests. On site is a full laundry room with Commercial grade washers/dryers and storage rooms throughout. All housekeeping is done on site. Small but friendly efficient staff has been there long term and willing to stay on with new owners. There are a total of 6 lots encompassing over 1/2 acre of land, total .56 Ac or 24,384 sf. There is ample off street parking for guests. Zoning is GC and land use is recognized as Hotel/Motel. Bonus of Deeded waterfront access at the end of 61st St. which has a boat ramp and staging area for all types of watercrafts and sports. Same family ownership since 2010. Tropical Cottages was started back in the mid 1950s as a Fish camp and is one of the few remaining Mom & Pop Motels throughout the Florida Keys. Priced at just over 7% cap rate. Motel generates substantial Net income year after year to current owners. Sellers may consider Seller Financing to a qualified buyer and must have 40%-50% or more down payment. Terms to be negotiated.

$14,500,000
Marathon
Casa Manana Shores   - MM: 50.50
6 Bed, 6 Baths, 10,852 SqFt Days Listed: 166
Commercial - Active - Waterfront Yes
Side of Island: Bay/Gulf - n/a

Casa Manana Shores, located in the heart of Marathon, is a developers dream or a private owners potential paradise. This secured gulf front estate offers 3.86 acres of land and is surrounded by an eight foot concrete wall with three gated entrances. The property boasts approximately 540 linear feet of Highway frontage and 695 linear feet of water frontage. It offers 218 feet of concrete dockage, including a cut-in protected boat slip. There is even room for a helicopter landing pad. This unique property is zoned mixed-use commercial and comes with one commercial transferable building right. It is currently a private residence with a separate garage and workshop. The 10,852 square foot mansion is solid concrete construction with concrete pilings and copper pipes. It has ten bedrooms, six and a half bathrooms, and a sauna, game room and great room. Repairs are needed, and the interior needs substantial updating. An attached partially screened enclosure holds an impressive 12 ft deep swimming pool that measures 25 x 50 ft. The garage/workshop is a separate structure with two rooms with mini split air conditioning. The existing structures could be demolished for those with a vision, leaving you with a 3.86 acre blank canvas in the center of town. Its versatile designation offers multiple possibilities for residential and/or commercial use. Over the years it has previously housed a motel with a marina, a 19-unit trailer park, and a restaurant. This property lends itself to a variety of development or rehabilitation possibilites to create the vision of your dreams!

The information being provided by the Florida Keys MLS is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated on 12-14-2024.
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