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Wade M. Berlin

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7435 Overseas Highway
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PRICED AT ONLY: $2,450,000

Address: 7435 Overseas Highway, MARATHON, FL 33050

Description

Presenting one of the last significant parcels available in the Middle Keys! This expansive 1.61 acre property boasts over 200 feet of prime frontage on US Highway 1, making it an ideal location for high visibility commercial or mixed use development. The property includes a 2,979 sq. ft. commercial building and has site plan approval for eight residential market rate units, offering an incredible opportunity to generate both commercial and residential income. The property also has an SRX liquor license approved by the city. The affordable housing density permits up to 24 units, aligning with city code to address local housing needs. Additionally, the property features three curb cuts on US 1, side street access via 75th Street, and a median cut for easy access from both directions. A high profile billboard on site provides exceptional signage visibility for businesses. There are also four existing ROGOs, with the option to negotiate these separately. Whether you're considering commercial, residential, or a mixed use development, this strategically located parcel offers a rare opportunity to leverage the vibrant growth of the Middle Keys.
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  • MLS#: 612249 ( Apartment 3 or more,Bar,Retail,Restaurant,Office Buildings,Hotel/Motel )
  • Street Address: 7435 Overseas Highway
  • Viewed: 5
  • Price: $2,450,000
  • Price sqft: $0
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 1991
  • Bldg sqft: 0
  • Bedrooms: 4
  • Total Baths: 2
  • Full Baths: 2
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Features
Building and Construction
  • Construction: Combo Construction
  • Net Leasable Area: 2396.00
  • Num Stories: 2.0
  • Sqft Source: Tax Records
Property Information
  • Property Group Id: 19990816212135227274000000
  • Property Rights: Beverage License, 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
  • Dockage: None
  • Flood Zone: AE
  • Legal Description: TRACT A PARAISO ESTATES PB5-2 KEY VACA
  • Limitd Reprsntation: Yes
  • Mile Marker: 51.00
  • Miscellaneous: Chickee Hut, Highway Frontage, High Traffc Location
  • Parcel Num: 00343500-000000
  • Side: Ocean
  • Species List: Yes
  • Style: Commercial
  • Year Established: 0000-00-00
  • Zoning: MU - Mixed Use Commercial Mixed Use
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Details for 7537 Overseas Highway, MARATHON, FL 33050
$2,300,000.00

7537 Overseas Highway More Like This

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 Hig

  1. Bedrooms: 4
  2. Baths: 2
  1. MLSID: 610777
  2. Provided by Coldwell Banker Schmitt Real Estate Co.
  3. Contact Joshua James Mothner
  4. (305) 743-5181
  5. Florida Keys Board of REALTORS
  6. DMCA Notice

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin