PRICED AT ONLY: $2,300,000
Address: 7537 Overseas Highway, MARATHON, FL 33050
Description
One of the few large parcels left in the Middle Keys. 1.64 acres directly on US 1 with one building containing 2,396 net leasable area, and vested commercial square footage 4,354 sq ft. 300' + of Highway Frontage. Multiple development possibilities. Property has approx. 4k commercial square feet vested and an existing site plan approval for ten market rate units. Buyer would need to obtain building rights. Affordable Housing density would allow 24 affordable housing units per City Code. Property is being sold with no market rate building rights, however should a purchaser wish, there are 4 market rate building rights currently upon the property and Seller would consider selling some of those existing rights under a separate agreement and price. Property includes 3 curb cuts on US 1 and side street access from 75th Street. Large billboard with excellent visibility for signage. US 1 has median cut for 75th street making this property easily accessible from both Northbound and Southbound lanes of US1. This large parcel provides multiple development opportunities.
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- MLS#: 610777 ( Apartment 3 or more,Franchise,Retail,Restaurant,Office Buildings,Hotel/Motel )
- Street Address: 7537 Overseas Highway
- Viewed: 10
- Price: $2,300,000
- Price sqft: $0
- Waterfront: No
- Waterfront Type: None
- Year Built: 1991
- Bldg sqft: 0
- Bedrooms: 4
- Total Baths: 2
- Full Baths: 2
- Additional Information
- Geolocation: 24.7204 / -81.0602
- County: MONROE
- City: MARATHON
- Zipcode: 33050
- Subdivision: Paraiso Estate (51.0)
- Provided by: Coldwell Banker Schmitt Real Estate Co.
- Contact: Joshua James Mothner
- (305) 743-5181
- DMCA Notice
Features
Building and Construction
- Construction: Combo Construction, Steel Reinforced
- Net Leasable Area: 2396.00
- Sqft Source: Property Data Card
- Total Number Of Units: 0.00
Property Information
- Property Group Id: 19990816212135227274000000
- Property Rights: Transfer Bldg Rights, Multi-Use/Commercial
Garage and Parking
- Vehicle Storage: Off Street Parking
Eco-Communities
- Off Shore Island: No
- Water View: No Waterview
Utilities
- Electric: Three Phase
- Utilities: FKAA, Municipal Sewer
Finance and Tax Information
- Fee Includes: None
- Tax Year: 2023
Other Features
- Alternate Key Num: 1421421
- Appliances: No Appliances
- As Is Rght To Inspct: Yes
- Association Info 1st Right Of Refusal: No
- Association Info Mandatory Home Owners Asc: No
- Deed Restrictions: No
- Dockage: None
- Flood Zone: AE
- Legal Description: TRACT A PARAISO ESTATES PB5-2 KEY VACA
- Limitd Reprsntation: No
- Mile Marker: 51.00
- Miscellaneous: Chickee Hut, Highway Frontage, High Visibility, High Traffc Location, Residence on Premise
- Parcel Num: 00343500-000000
- Side: Ocean
- Species List: Yes
- Style: Commercial
- Views: 10
- Year Established: 0000-00-00
- 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
- The Real Estate Professional You Deserve
- Mobile: 904.248.9848
- phoenixwade@gmail.com
