4000 Overseas Highway, Marathon, FL 33050
$1,500,000
Property Type:
Vacant Land
Lot Size (sq. ft.):
38,000
Status:
Closed
Current Price:
$1,500,000
List Date:
5/02/2024
Last Modified:
10/18/2024
Listing Details MLS# 606932
Location, Tax & Legal
- Street #
- 4000
- Street Name
- Overseas
- Street Suffix
- Highway
- Key/Island
- Marathon
- State/Province
- FL
- Zip Code
- 33050
- County
- Monroe
- Subdivision
- Marathon Beach (49.0)
- Area
- 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
- City
- MARATHON
- Mile Marker
- 49
- Marathon Neighborhood
- Old Town East (25th to Sombrero)
- Side
- Bay/Gulf
- Flood Zone
- AE 8
- Alternate Key #
- 1414875
- Parcel #
- 00337220-000000
- Zoning
- MU - Mixed Use Commercial Mixed Use
- Deed Restrictions
- Unknown
- Legal
- BK 2 LTS 6,7 & 8 MARATHON BEACH PB2-21
- Taxes
- 6087.75
- Tax Year
- 2022
Contract Information
- Listing Board
- Marathon/Lower Keys
- Limited Representation
- No
- As is Rght to Inspct
- Yes
- Potential Short Sale
- No
- Bank Owned
- No
General Property Description
- Realtor.COM Type
- Vacant Land
- Waterfront
- No
- Lot Dimensions
- 200' x 190'
- Lot SqFt
- 38000
- Lot Sqft Source
- Property Data Card
- Survey Available
- Yes
- Control Depth
- 0
Status Change Info
- Sold Date
- 2024-10-17
- Sold Comments
- Congratulations to my Sellers and Buyer!
Miscellaneous Info
- Mobile Home Lot
- No
Financial Status
- Bank Owned
- No
- Potential Short Sale
- No
More Information
Remarks & Misc
- Remarks – Consumer
- This incredible elevated 38,000 sq. ft. corner property with 200 feet of Overseas Highway frontage is zoned mixed use and can accommodate numerous development opportunities. The lot is enclosed with fill, a CBS retaining wall, and topped with a CBS fence. This unique large lot provides plenty of height and space to add offices or other buildings with adequate parking area. The lot was filled and graded to provide protection from rising water levels. A 2016 Elevation Certificate showed the Flood Zone as AE 8 and the lowest adjacent finish grade next to the building in back of the lot to be at 8.1 ft. After Hurricane Irma in 2017 the lot had only 3 palm fronds to remove. The lot includes most of the right-of-way along Overseas Highway which helps in getting approval for a second entrance on Overseas Highway, if needed. (Contact the City of Marathon for details.) Remember commercial buildings do not require TBR's, and the City of Marathon has commercial sq. ft. space available. The 850 sq. ft. office situated toward the back of the lot should enhance any business you are planning. Added features of the office include two office spaces, break room, storage area, 1 ½ baths, generator with 2000-gallon propane tank, handicap ramp and parking area. There is a second water meter for irrigation. Call today for a showing to see this spacious mixed-use property. Please do not walk the property without the listing agent.
- Directions
- MM 49 in Marathon, FL Gulf side corner of Overseas Highway and 41st Street.
Assoc/Misc Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
Dockage
- None
- Yes
Tax Exemptions
- None
- Yes
Waterfront
- None
- Yes
Waterview
- No Waterview
- Yes
Location/Site
- Cleared Site
- Yes
- Corner Lot
- Yes
- Fenced
- Yes
- Highway Frontage
- Yes
- Paved Street
- Yes
Existing Utilities
- Electric on Site
- Yes
- Sewer
- Yes
- Water Line
- Yes
- Water Meter
- Yes
Land Size
- 1/2 - Less Than 1 AC
- Yes
Terms
- Buyer Obtain Finance
- Yes
- No Seller Finance
- Yes
Title
- Title Ins - Buyer
- Yes
Property Features
Tax Exemptions:
None
Waterfront:
None
Dockage:
None
Waterview:
No Waterview
Existing Utilities:
Electric on Site; Sewer; Water Line; Water Meter
Land Size:
1/2 - Less Than 1 AC
Terms:
Buyer Obtain Finance; No Seller Finance
Title:
Title Ins - Buyer
Listing Office:
Coldwell Banker Schmitt Real Estate Co.
Last Updated: October - 18 - 2024
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.