Address Withheld By Seller, Marathon, FL 33050
Local realty services provided by:CENTURY 21 Circle
Address Withheld By Seller,Marathon, FL 33050
$4,900,000
- 3.69 Acres
- Lots / Land
- Active
Listed by: stephany duvall
Office: engel & vlkers marathon
MLS#:615454
Source:FL_FKBOR
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Price summary
- Price:$4,900,000
About this home
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 3 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 you're 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....
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Home facts
- Listing ID #:615454
- Added:2 day(s) ago
- Updated:April 30, 2026 at 02:46 PM
Structure and exterior
- Lot area:3.69 Acres
- Lot Features:Highway Frontage, Water Frontage
Finances and disclosures
- Price:$4,900,000
- Tax amount:$22,827
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