, FL -
4 Beds, 4 Baths (full), Commercial
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 4 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 water-related commercial activity. Rare opportunity to acquire two contiguous parcels with waterfront, bay bottom rights, four dwelling rights and highway presence. Whether youre envisioning a boutique resort, a landmark restaurant on the water, or a marine-focused business, this combined site offers everything you need - land, location, and lifestyle.
Listing Summary for
Price:
$6,100,000
Bedrooms:
4
Bathrooms:
4
Half Baths:
n/a
Square Footage:
n/a
Lot Sq. Ft.:
160,800
Year Built:
n/a
Property Type:
Commercial
Sub-Type:
Commercial
MLS® #:
615112
Status:
Active
Address:
City:
State:
FL
Zip:
33050
County:
Monroe
Key:
Marathon
Side of Island:
Ocean
Community:
Driftwood Estates
Mile Marker:
54.00
Tax Year:
2024
Date Listed:
05-21-2025
Additional Information
Is Waterfront:
Yes
Waterfront Type:
n/a
View
n/a
Has Pool:
n/a
Pool Info:
n/a
Short Sale:
No
Foreclosure:
No
Pets:
n/a
Docakge Type:
n/a
Dockage Length:
n/a
Dockage Seawall:
n/a
Dockage Construction:
n/a
Security:
n/a
Building Construction:
n/a
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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. The MLS data provided for the property above (615112) is provided courtesy of (Engel & Volkers Marathon). Data last updated on 06-15-2025.
