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  4. 3574 Overseas Highway 1-7, MARATHON, FL 33050
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3574 Overseas Highway 1-7
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PRICED AT ONLY: $4,800,000

Address: 3574 Overseas Highway 1-7, MARATHON, FL 33050

Description

Tremendous Opportunity to Purchase this trophy, landmark Restaurant, Bar & Liquor Store. Known in Marathon for nearly a century! Real Estate and renovated Building included. Large inside bar and dining room with AC and also outdoor bar with stage. Plus 5bd/2ba apartment on 2nd floor rented on AirBnB included. Great visibility on Overseas Hwy with over 340' of highway frontage. In addition, large Billboard facing S. bound and historic Overseas Lounge Neon sign facing N. bound traffic. Ample parking for employees and customers.Restaurant was completely renovated the property in 2016 & 2017 along with many recent improvements. Sale includes all Furniture, Fixtures & Restaurant & Liquor store Equipment & coolers, plus valuable 5 COP unrestricted Liquor License & approx. $100,000 in Inventory. Also, 1 TBR Rogo Unit. Licensed for 157 Seats with Indoor & Outdoor Bar & seating. Businesses have not been optimized or stabilized. Room to substantially grow with on site, active ownership.Boasting the Coldest Beer in Town, Great Food, Pub, Grill, Arcade, Live Music and well stocked liquor store!

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More Like This
  • MLS#: 606653 ( Restaurant,Bar,Retail )
  • Street Address: 3574 Overseas Highway 1-7
  • Viewed: 1
  • Price: $4,800,000
  • Price sqft: $0
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 1953
  • Bldg sqft: 0
  • Bedrooms: 5
  • Total Baths: 4
  • Full Baths: 2
  • 1/2 Baths: 2

Description

Tremendous Opportunity to Purchase this trophy, landmark Restaurant, Bar & Liquor Store. Known in Marathon for nearly a century! Real Estate and renovated Building included. Large inside bar and dining room with AC and also outdoor bar with stage. Plus 5bd/2ba apartment on 2nd floor rented on AirBnB included. Great visibility on Overseas Hwy with over 340' of highway frontage. In addition, large Billboard facing S. bound and historic Overseas Lounge Neon sign facing N. bound traffic. Ample parking for employees and customers.Restaurant was completely renovated the property in 2016 & 2017 along with many recent improvements. Sale includes all Furniture, Fixtures & Restaurant & Liquor store Equipment & coolers, plus valuable 5 COP unrestricted Liquor License & approx. $100,000 in Inventory. Also, 1 TBR Rogo Unit. Licensed for 157 Seats with Indoor & Outdoor Bar & seating. Businesses have not been optimized or stabilized. Room to substantially grow with on site, active ownership.Boasting the Coldest Beer in Town, Great Food, Pub, Grill, Arcade, Live Music and well stocked liquor store!
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Features
Building and Construction
  • Construction: CBS
  • Floor: Other
  • Net Leasable Area: 7706.00
  • Num Stories: 2.0
  • Roof: Other Roof
  • Sqft Source: Property Data Card
  • Total Number Of Units: 0.00
Property Information
  • Property Group Id: 19990816212135227274000000
Garage and Parking
  • Vehicle Storage: Guest Parking, Off Street Parking
Eco-Communities
  • Water View: No Waterview
Utilities
  • Cooling: Central Air
  • Electric: Three Phase
  • Utilities: Municipal Sewer, Buyer to Verify
  • Windowsdoors: Other Windows/Doors
Finance and Tax Information
  • Fee Includes: None
  • Tax Year: 2022
Other Features
  • Add L Parcel Num1: 00336860-000000
  • Alternate Key Num: 1414581
  • Appliances: Refrigerator, Dishwasher, Range
  • As Is Rght To Inspct: Yes
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: No
  • Dockage: None
  • Flood Zone: AE
  • Legal Description: BK 4 PT LT 4 AND ALL LTS 8 -9-10 AND PT LT 11 AND ADJ PORTION OF OLD STATE RD 4A MARATHON BEACH SUB PB2-16 G58-240/41 O
  • Limitd Reprsntation: No
  • Mile Marker: 49.00
  • Miscellaneous: Security System, Highway Frontage, High Visibility, High Traffc Location, Manager on Premises, Handicap Access
  • Parcel Num: 00336920-000000
  • Shutters: Other
  • Side: Ocean
  • Style: Commercial
  • Unit Number: 1-7
  • Year Established: 1936-12-31
  • Zoning: MU - Mixed Use Commercial Mixed Use
Nearby Subdivisions
Casa Blanca (50.5)   Casa Manana Shores (50.5)   Coco Plum (54.6)   Coco Plum Beach (54.5)   Driftwood Estates   Driftwood Estates (54.0)   Edmonds Acre Tracts (50.5)   Fat Deer Key (53.0)   First Professional (50.0)   Fishermans Point (48.0)   Gulfside Village (50.0)   Industrial Sub (52.5)   Key Colony Sub (53.0)   Little Venice (53.0)   Marathon Beach (49.0)   Marathon Heights (50.5)   Misc Marathon East O (52.0)   Olde Towne Centre (52.5)   Palms, The (53.0)   Paraiso Estate (51.0)   Parrish Sub (48.0)   Riggs Sub (47.5)   Roosevelt Point #1 (51.0)   Sombrero Sub (49.5)   Stirrup Key Bight (52.5)   Woodburns Sub (49.5)  
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Contact Info

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Wade M. Berlin

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