6200 Overseas Highway, Marathon, FL 33050

$7,900,000
9
BD
9
BA
5,242
SqFt
List Price
$7,900,000
MLS#
603218
Style
Multi-Units
Status
ACTIVE
Island
Marathon
County
Monroe
City
Marathon
Area
15 - Sombrero Bch Rd to Vaca Cut Gulfside
Subdivision
Casa Manana Shores (50.5)
Bedrooms
9
Bathrooms
9
Living Area
5,242
Year Built
1953
Days on Market
64

Property 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.

Additional Information

Taxes
$120
Construction
Other
Pets
Pets Allowed
Waterview Description
Bay/Gulf View, Open Water View
Waterfront
Yes
Waterfront Description
Bay Front, Gulf Front, Open Water
Dockage
Basin
Side
Bay/Gulf
Control Depth
4
Zoning
MU - Mixed Use Commercial Mixed Use
Flood Zone
AE-8,9,10, VE-12
Mile Marker
50.5
Community Features
Airstrip, Beach, Bike Paths
Min Rental Days
7

Mortgage Calculator

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Listing Courtesy Of Coldwell Banker Schmitt Real Estate Co., Contact: (305) 743-5181