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1655 Overseas Highway, Marathon, FL 33050

$770,000
Property Type: Commercial Sale Bedrooms: 18 Baths: 18.1 Square Footage: 877 Lot Size (sq. ft.): 18,685 Status: Closed
Current Price: $770,000 List Date: 1/23/2018 Last Modified: 12/03/2025

Overview

Description

Commercial opportunity in the Middle Keys for renovation or redevelopment. Great US1 exposure with commercial/retail space and residential units. 18 market rate building allocations. Zoned MU- Commercial. 6 separate buildings: 4 apartment buildings with 4 apartments each, 1 building on US1 with retail space and 2 studio efficiencies and 1 maintenance building at rear of property. 18 residential units total. Vacant property, has not been inhabited since 2015.

Listing Details MLS# 578383

Location, Tax & Legal

Street #
1655
Street Name
Overseas
Street Suffix
Highway
Key/Island
Marathon
State/Province
FL
Zip Code
33050
Subdivision
Parrish Sub (48.0)
County
Monroe
Area
13 - 7 Mile Bridge to Sombrero Bch Rd E & W
City
MARATHON
Mile Marker
48
Side
Ocean
Flood Zone
AE,AE
Alternate Key #
1400777
Parcel #
00326650-000000
Zoning
MU - Mixed Use Commercial Mixed Use
Legal
BK 1 NLY 250FT LT 22 AND NLY 250FT OF W1/2 LT 21 PARRISH SUB MARATHON SUB SUB OF GOV LT 2 SEC 9 TWP 66 S RGE PB2-18 OR52
Taxes
21176.45
Tax Year
2016

Contract Information

Listing Board
Marathon/Lower Keys
Limited Representation
No
As is Rght to Inspct
Yes
For Sale/Lease
For Sale
Potential Short Sale
No
Bank Owned
No
Species List
No

General Property Description

Realtor.COM Type
Commercial
Style
Residential Income
Lot SqFt
18685
Waterfront
No
Building SqFt
11005
SqFt Source
Tax Records
Living Apx SqFt
877
Year Built
1954
Total Bedrooms
18
Full Baths
18
Half Baths
Yes
Total Baths
18.1
Control Depth
0
Total Units
0

Status Change Info

Sold Date
2018-08-17
Sold Comments
18 Market Rate Building Rights did not convey

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

Property Info

# Kitchens
18
# Efficiencies
2
1 Bed/Bath
8
2 Bed/Bath
8

More Information

Financial Status

Bank Owned
No
Potential Short Sale
No

Remarks & Misc

Remarks – Consumer
Commercial opportunity in the Middle Keys for renovation or redevelopment. Great US1 exposure with commercial/retail space and residential units. 18 market rate building allocations. Zoned MU- Commercial. 6 separate buildings: 4 apartment buildings with 4 apartments each, 1 building on US1 with retail space and 2 studio efficiencies and 1 maintenance building at rear of property. 18 residential units total. Vacant property, has not been inhabited since 2015.
Directions
Mile Marker 48 in Marathon, directly off US1. Across the street from Blue-Green The Hammocks.

Type

Apartment 3 or more
Yes

Fee Includes

None
Yes

Dockage

None
Yes

Appliances

No Appliances
Yes

Waterfront

None
Yes

Waterview

No Waterview
Yes

Vehicle Storage

Guest Parking
Yes
Off Street Parking
Yes

Construction

CBS
Yes

Land Size

1/4 - 1/2 Acre
Yes

Terms

Buyer Obtain Finance
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes

Title

Negotiable
Yes

Property Rights

Transfer Bldg Rights
Yes

Miscellaneous

Pool
Yes

Roof

Combo Roof
Yes
Tile Roof
Yes

Property Features

Type: Apartment 3 or more Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Guest Parking; Off Street Parking Utilities: FKAA; Municipal Sewer Appliances: No Appliances Miscellaneous: Pool Construction: CBS Roof: Combo Roof; Tile Roof Land Size: 1/4 - 1/2 Acre Fee Includes: None Terms: Buyer Obtain Finance Title: Negotiable Property Rights: Transfer Bldg Rights
Listing Office: Ocean Sotheby's International Relaty
Last Updated: December - 03 - 2025
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.