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Wade M. Berlin

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  4. 8700 Overseas Highway, MARATHON, FL 33050
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8700 Overseas Highway
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PRICED AT ONLY: $7,000,000

Address: 8700 Overseas Highway, MARATHON, FL 33050

Description

Attention Developers!!!....Direct oceanfront development opportunity located in the Economic Opportunity Zone in the Middle Keys. 1.67 acres with concrete seawall in place for (5) 30' dock spaces and (5) 30' 40' T Docks are in permitting. Development agreement in place with the City of Marathon for (10) single family villas with (10) building entitlements in hand to start building today. Villas are concrete construction, four bedroom, 3.5 bath 2,643 sf under air, impact windows/doors/, metal roofs, open porches, roof top deck, elevator, private pools and assigned docks.This property features a protected boat basin with six lots and four oceanfront point lots with direct open ocean views and access. This rare, oceanfront parcel would make a fabulous private multi family compound or build (10) vacation rental income producing villas and take advantage of the tax benefits from the EOZ.

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More Like This
  • MLS#: 613755 ( Other Services )
  • Street Address: 8700 Overseas Highway
  • Viewed: 6
  • Price: $7,000,000
  • Price sqft: $0
  • Waterfront: No
  • Waterfront Type: Oceanfront,Canal Front
  • Year Built: Not Available
  • Bldg sqft: 0

Description

Attention Developers!!!....Direct oceanfront development opportunity located in the Economic Opportunity Zone in the Middle Keys. 1.67 acres with concrete seawall in place for (5) 30' dock spaces and (5) 30' 40' T Docks are in permitting. Development agreement in place with the City of Marathon for (10) single family villas with (10) building entitlements in hand to start building today. Villas are concrete construction, four bedroom, 3.5 bath 2,643 sf under air, impact windows/doors/, metal roofs, open porches, roof top deck, elevator, private pools and assigned docks.This property features a protected boat basin with six lots and four oceanfront point lots with direct open ocean views and access. This rare, oceanfront parcel would make a fabulous private multi family compound or build (10) vacation rental income producing villas and take advantage of the tax benefits from the EOZ.
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Features
Building and Construction
  • Construction: CBS, Other, Concrete
  • Floor: Tile
  • Roof: Metal Roof
Property Information
  • Property Group Id: 19990816212135227274000000
  • Property Rights: Tranfrble Dev Right
Garage and Parking
  • Vehicle Storage: Covered Parking
Eco-Communities
  • Off Shore Island: No
  • Water View: Canal View, Ocean View, Open Water View
Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Utilities: FKAA, Separate Meters, Municipal Sewer
  • Windowsdoors: Impact Rstnce Window, Impact Rstnce Doors
Finance and Tax Information
  • Fee Includes: None
  • Tax Year: 2024
Other Features
  • Alternate Key Num: 8868847
  • Appliances Other: YES
  • Appliances: Dishwasher
  • As Is Rght To Inspct: Yes
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: Yes
  • Deed Restrictions: No
  • Dockage Dock: Concrete
  • Dockage Seawall: Concrete
  • Dockage: Dock Privileges, Assigned Dock
  • Legal Description: 1 66 32 KEY VACCAS PT LOT 4 OR1360-1125/26 OR136
  • Limitd Reprsntation: No
  • Mile Marker: 52.00
  • Misc Property Info Recorded Plat: Yes
  • Parcel Num: 00101050-000100
  • Side: Ocean
  • Species List: No
  • Style: Commercial
  • 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)   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)   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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