For more information on this property, contact American Caribbean Real Estate at 3056644966 or

59073 Overseas Highway
MARATHON, Florida FL 33050
Sold For: $6,750,000
Listing ID 600717
Status Closed
Sold Date 9/23/2022
Bedrooms 2
SqFt 22,069
Subdivision Grassy Key (58.9)
Year Built 1970

Property Description:

This Prime Bayside Marina is a diamond in the rough! Waterfront property is located in the heart of the middle Keys with 341' of frontage on Overseas Hwy at MM 59. Limited supply of Marina facilities in this immediate area serving Long Key, Conch Key, Duck Key, Grassy Key and Marathon. Total of 2.7 Acres of uplands. The City of Marathon recognizes 33 Wet Slips and 110 Dry rack storage. Four buildings with a total of over 22,000 sf. including 16,500 sf. metal frame boat storage barn. Businesses include operating Marina, Boat Ramp, Boat storage and wet slip rentals, Fishing Equipment rentals, Live & Frozen Bait & Tackle sales, plus fully & regularly stocked Grocery and Convenience Store with Beer & Wine license. Includes 4 on site apartments. Potential to add more boat barns and dry racks, likely could reintroduce Vehicle and Boat Fuel Sales, brand the convenience/gas store, plus many other options in this Mixed Use Zoning

Primary Features

County: Monroe
Property Sub Type: Commercial
Property Type: Commercial
Subdivision: Grassy Key (58.9)
Year Built: 1970
Zoning: MU - Mixed Use Commercial Mixed Use


Appliances: Range, Refrigerator
Appliances: Other: YES
Number of Stories: 2


Construction: CBS, Combo Construction
Control Depth: 35
Dockage: Boat Ramp, Boat Slip
Flood Zone: AE,AE,AE,VE,VE
Land Size: 2 Less Than 5 Acres
Lot Size: 117481
Lot SqFt: 117481
Off Street Parking: ample
Side: right
Style: Commercial
Total Number of Buildings: 4
Waterfront: yes
Waterfront Type: Bay Front
Waterview: Bay/Gulf View


Area: 19 - Crawl Key & Grassy Key
Key/Island: Marathon
Mile Marker: 58.9
Parcel Number: 00375960-000000


Days On Market: 150
Type 2: Apartment 3 or more,Grocery/Convenience,Marina,Retail
Utilities: FKAA, Municipal Sewer


1st Right of Refusal: no
Bank Owned: no
Fee Includes: Other
Financial Status: Bank Owned: no
Financial Status: Potential Short Sale: no
For Sale/Lease: For Sale
HOA: no
Net Leasable Area: 900
Potential Short Sale: no
Tax Year: 2021
Taxes: 38488.36

Zoning Info

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Contact - Listing ID 600717

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American Caribbean Real Estate

81800 Overseas Highway
Islamorada, FL 33036
Phone: 3056644966
Fax: 3056648719

Data services provided by IDX Broker