1090 Overseas Highway

Marathon, FL
$ 3,150,000 Beds 0 Baths 2
Monthly Estimate* How much can I afford?

Listed $50,000 under appraised value. Rare opportunity to purchase the Historic 7 Mile Marina less than a mile from 7 Mile Bridge with over 360ft of US-1 frontage! Commercial property consists of protected marina, 3,600 sqft building. Marathon approved transferable building rights allowing 9,332 of commercial floor area, two tax keys totaling +/- 54,768 sqft or 1.25 acres. Property being sold ''AS IS'' no warranties or representations and no leases. Includes a deed restriction for neighboring property not to store straps within 75 ft of NE property line. Prior to 2014 fire, property had a 150 seat restaurant and office.

Commercial

  • Price
  • $ 3,150,000
  • Lot Size
  • 1.26 Acres
  • Bedrooms
  • 0
  • Full Bathrooms
  • 2
  • Year Built
  • 1958
  • Half Bathrooms
  • 0
  • City, Zip
  • Marathon
  • Taxes
  • 11383
  • County
  • MONROE
  • Style
  • Commercial
  • Area
  • 7 Mile Bridge to Sombrero Bch Rd E & W
  • MLS#
  • 590081
  • Zip
  • 33050
Listing Provided by: Keys Realty LLC

Features

General

Appliances No Appliances
Bank Owned No
Construction Other
Fee Includes None
Full Baths 2
KW Neighborhood Outside of Key West
Lot Sqft 54768.00
Property Type C
Status Active
Style Commercial
Subdivision Riggs Sub (47.5)
Utilities Buyer to Verify
View Bay/Gulf View, Harbor/Marina View
Year Built 1958
Zoning MU - M - Mixed Use - Maritime

Exterior Features

Latitude 24.708422
Longitude -81.113268
Control Depth 5
Dockage: Dock Concrete
Dockage: Seawall Concrete
Land Size 1 Less Than 2 Acres
Lot Size 1.26 acres
Side Bay/Gulf
Species List No
Waterfront Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Doral, FL office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/3/2020 Listed $3,150,000

Property vs Zip Code Average in 33050

Price
AVG $4.14M
$3.15M
Taxes
AVG $14,603
$11,383
Visits
AVG 30
22
Year Built
AVG 1975
1958
Walkscore
AVG 37
29
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

1090 Overseas Highway Marathon, FL is a Single Family Home for sale at $3150000 and a lot size of 1.26 Acres Acre(s). 1090 Overseas Highway Marathon has 0 bedrooms, 2 baths and was built in 1958. The property's zip code is 33050 which is in Marathon, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.