57612 Overseas Highway, Marathon, FL 33050 (MLS# 586558)

57612 Overseas Highway, Marathon, FL 33050

$1,775,000

Property Type: Commercial Lot Size (sq. ft.): 45,780 Status: Closed

Current Price: $1,775,000 List Date: 7/19/2019 Last Modified: 9/10/2024

Overview

Description

1.05 +/- acres of palm studded ocean front withsandy beach zoned Mixed Use Commercial zoned uplands plus 0.52 acres bay bottom. Land is cleared and ready for re-development and conveys with Building Rights for 12 Transient Units, 1 Market Rate Unit and 1322 sq.ft. of commercial sq. footage which can be redeveloped onsite. Flood Zones are VE 10, 11 and 13'. All utilities including water, electric and central sewer are available to the site. 242' of frontage on US #1 and the Atlantic Ocean. This was previously the site of the Seashell motel and Gallagher's restaurant. Call LA for full package including survey and letter of determination of building rights vesting the property.

Listing Details MLS# 586558

Location, Tax & Legal

Street #: 57612
Street Name: Overseas
Street Suffix: Highway
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
Subdivision: Crains Sub (58.0)
County: Monroe
Area: 19 - Crawl Key & Grassy Key
City: MARATHON
Mile Marker: 58
Marathon Neighborhood: Grassy Key
Side: Ocean
Flood Zone: VE,VE,AE,AE
Alternate Key #: 8890834
Parcel #: 00373910-000200
Zoning: MU - Mixed Use Commercial Mixed Use
Legal: CRAINS SUB PB1-51 GRASSY KEY SOUTH SIDE OF FLAGLER ST TO OCEAN PT BETWEEN BKS 53-58 AND ADJ ABANDONED PT OF FLAGLER ST O
Taxes: 18521.02
Tax Year: 2018

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

General Property Description

Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 45780
Waterfront: Yes
Control Depth: 0
Total Units: 0

Status Change Info

Sold Date: 2019-11-22

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No

Financial Status

Bank Owned: No
Potential Short Sale: No

More Information

Remarks & Misc

Remarks – Consumer: 1.05 +/- acres of palm studded ocean front withsandy beach zoned Mixed Use Commercial zoned uplands plus 0.52 acres bay bottom. Land is cleared and ready for re-development and conveys with Building Rights for 12 Transient Units, 1 Market Rate Unit and 1322 sq.ft. of commercial sq. footage which can be redeveloped onsite. Flood Zones are VE 10, 11 and 13'. All utilities including water, electric and central sewer are available to the site. 242' of frontage on US #1 and the Atlantic Ocean. This was previously the site of the Seashell motel and Gallagher's restaurant. Call LA for full package including survey and letter of determination of building rights vesting the property.

Type

Hotel/Motel: Yes

Fee Includes

Other: Yes

Dockage

None: Yes

Appliances

No Appliances: Yes

Waterfront

Oceanfront: Yes

Waterview

Ocean View: Yes
Open Water View: Yes

Construction

Other: Yes

Land Size

1 Less Than 2 Acres: Yes

Utilities

Buyer to Verify: Yes

Property Features

Type: Hotel/Motel Waterfront: Oceanfront Waterview: Ocean View; Open Water View Dockage: None Utilities: Buyer to Verify Appliances: No Appliances Construction: Other Land Size: 1 Less Than 2 Acres Fee Includes: Other

Listing Office: Coldwell Banker Schmitt Real Estate Co.

Last Updated: September - 10 - 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.

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