6200 Overseas Highway, MARATHON, FL

$7,900,000

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9

Beds

9

Baths

5,242

Square feet

About 6200 Overseas Highway

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.

Features of 6200 Overseas Highway

MLS® # 604385
Price $7,900,000
Bedrooms 9
Bathrooms 9.00
Full Baths 9
Square Footage 5,242
Year Built 1953
Type Commercial
Sub-Type Commercial
Status Active

Community Information

Address 6200 Overseas Highway
Area 15 - Sombrero Bch Rd to Vaca Cut Gulfside
Subdivision Casa Manana Shores (50.5)
City MARATHON
County Monroe
State FL
Zip Code 33050

Amenities

Utilities FKAA, Municipal Sewer, Other Sewer/Water
View Open Water View, Bay/Gulf View
Is Waterfront Yes
Waterfront Bay Front, Gulf Front, Open Water

Exterior

Lot Description 5 Less Than 10 Acres
Construction Other Construction

Additional Information

Date Listed March 1st, 2023
Days on Market 24
Zoning MU - Mixed Use Commercial Mixed Use
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentSamuel Williams
OfficeColdwell Banker Schmitt Real Estate Co.

Listing Map

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