$7,900,000 $42,409 est/mo Sourced by Back At You

6200 Overseas Highway,Marathon, FL 33050

Marathon FL, 33050

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Description

Development opportunity! 20 parcels consisting largely of Mixed-use commercial zoning and some residential. Any strictly commercial use such as a marina, office, restaurant, or retail use would not require TBR's. There is an abundance of commercial square footage in Marathon which could allow a significant development. Property has 500 ft of US 1 frontage with over 600 ft of shoreline on the Gulf of Mexico. Site contains 9 units/development rights consisting of 6 transient and 3 market rates. Surveys available, lot is partially cleared with 2019 Vegetation survey on file. Close to multiple national tenants and located on Direct open water. Site has no medians on its US1 corridor, and a turning lane runs the entire 500 ft. Protected dockage and High Visibility both North and South make this a quality site for National tenants. There is currently multi-unit housing located on site, No leases in place everything month to month. Property is approx. 8 acres plus or minus. Survey, Veg Survey, Determination letter, Letter of site condition available upon request. Property is suited for residential and commercial development, with several single-family home lots on the west side and acres of Mixed use spanning across US1. An affordable housing component is also possible subject to the availability of any new entitlements.

Details

MLS#603218
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusContingent/Show
Year1953
Days On Site460
Listing Provided ByColdwell Banker Schmitt Real Estate Co. | Samuel Davis Williams

Features

Bed(s)9
Bath(s) 9 Total
SQ Feet5,242
ZoningMU - Mixed Use
Acreage8.64

Market Activity 33050

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.

The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Coldwell Banker Schmitt are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.

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StateFL
CountyMonroe
CityMarathon
Zip Code33050
Area15 Sombrero Bch Rd to Vaca Cut Gulfside
Community NameCasa Manana Shores (50.5)
Listing VS Median (in Casa Manana Shores (50.5))
Price:
$7,900,000
low | high
Med:
$7,900,000
50% of Average
SqFt:
5,242
low | high
Med:
5,242
50% of Average
$ / SqFt:
$1,507
low | high
Med:
$1,507
50% of Average
On Site:
460
low | high
Med:
460.000000
100% of Average
Sourced by Back At You
Listing Updated: July 14, 2023 at 7:55:54 PM PDT
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