12685 Overseas Highway, MARATHON, FL

$8,750,000

Previous Next

5,735

Square feet

About 12685 Overseas Highway

Waterfront motel and marina property in Marathon offered with thirteen transferable transient building rights, highway frontage, and redevelopment potential.Sea Cove is located on Overseas Highway with approximately 200 feet of US-1 frontage, more than two acres of buildable uplands, and additional bay bottom ownership. The property has a long history of marina and lodging use and includes an existing boat ramp with direct boating access. The site has historically supported motel operations, marina services, and small retail activity.The offering includes the real estate together with thirteen transferable transient building rights that allow nightly rental use within the City of Marathon, subject to zoning and City approval if relocated.Previous planning and engineering work studied redevelopment of the site as a marina focused project. Concept plans illustrate a dry boat storage structure of approximately 33,000 square feet accommodating roughly 150 dry racks together with approximately 30 wet slips. Prior discussions have also included extended dockage approaching 550 feet and potential marina services including fueling facilities, subject to required approvals.The site includes significant waterfront area together with bay bottom ownership that has historically supported dockage and marina activity.Showings by appointment only. Please do not visit the property or speak with employees without listing agent present.

Features of 12685 Overseas Highway

MLS® # 618856
Price $8,750,000
Bathrooms 0.00
Square Footage 5,735
Year Built 1957
Type Commercial Sale
Sub-Type Commercial
Status Active

Community Information

Address 12685 Overseas Highway
Area 18 - East of Holiday Inn US #1 & Coco Plum
Subdivision Driftwood Estates (54.0)
City MARATHON
County Monroe
State FL
Zip Code 33050

Amenities

Utilities FKAA, Buyer to Verify, Municipal Sewer
Parking Common Parking, Trailer Storage, Off Street Parking, Guest Parking
View Open Water View, Harbor/Marina View
Is Waterfront Yes
Waterfront Open Water

Interior

Appliances No Appliances
# of Stories 1

Exterior

Lot Description 2 Less Than 5 Acres
Construction CBS

Additional Information

Date Listed February 28th, 2026
Days on Market 49
Zoning MU - Mixed Use Commercial Mixed Use
Short Sale No
RE / Bank Owned No

Listing Details

AgentMallory Pinto
OfficeKeys Ocean Realty Inc.

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?