MLS#613755
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONMisc Marathon East O (520)
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, there and a half bathrooms, 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.
Property Features
Property Type: Commercial - Business
Cooling: Central Air
Heating: Central, Electric
Lot Size: 1.67 Acres
Roof Type: Metal Roof
Taxes: $10,957
Feature Descriptions
Appliances: Dishwasher
Days on Site: 431
Dock: Concrete
Dockage: Dock Privileges, Assigned Dock
Exterior: CBS, Other, Concrete
Flooring: Tile
HOA (1st Right of Refusal) Y/N: No
HOA (Mandatory) Y/N: Yes
Key/Island: Marathon
Listing Board: Marathon/Lower Keys
Lot Dimensions: 1.67
Off Shore Island: No
Parcel #: 00101050-000100
Parking: Covered Parking
Seawall: Concrete
Utilities: FKAA, Separate Meters, Municipal Sewer
Waterfront: Oceanfront, Canal Front
Waterview: Canal View, Ocean View, Open Water View
Windows/Doors: Impact Rstnce Window, Impact Rstnce Doors
Zoning: MU - Mixed Use Commercial Mixed Use
Listed By / Shown By
Listed By
Agency Name: Ocean Sotheby's International
Agency Phone: (305) 735-4447
Shown By
Agent Name: Jeff Wright
Agent Phone: (386) 679-5063 Cell
Agency Title: Adams Cameron & Co. REALTORS
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8700 Overseas Highway | MLS# 613755
This commercial property located at 8700 Overseas Highway, Marathon, FL 33050 is currently listed for sale with an asking price of $6,900,000. Search Marathon real estate on jeffwright.adamscameron.com today.