Unlock the full potential of the Florida Keys commercial market with this offering of a rare combined set of parcels including Lot 2 & Lot 3 on Overseas Highway, and an additional parcel of ~3.0 acres of submerged bay bottom located in the heart of Marathon. These adjacent parcels and bay bottom present a unique opportunity for developers, investors, or end users seeking high traffic frontage, open water access, and bay bottom rights. Property is zone Mixed Use Commercial (MU C). Currently has two concrete dwellings on site with 4 building rights, deep water access, and dockage. Direct open water with panoramic views and potential for dock development, boating, or a water sport business. Ideal for possible hotel/motel, retail, restaurant, marina, or mixed use commercial ventures (subject to city approval). High visibility corridor daily on US 1/Overseas Highway. Benefit from strong foot traffic and year round visitors. Ownership of the bay bottom opens unique possibilities for water related commercial activity. Rare opportunity to acquire two contiguous parcels with waterfront, bay bottom rights, four dwelling rights and highway presence. Whether you're envisioning a boutique resort, a landmark restaurant on the water, or a marine focused business, this combined site offers everything you need land, location, and lifestyle.
Unlock the full potential of the Florida Keys commercial market with this offering of a rare combined set of parcels including Lot 2 & Lot 3 on Overseas Highway, and an additional parcel of ~3.0 acres of submerged bay bottom located in the heart of Marathon. These adjacent parcels and bay bottom present a unique opportunity for developers, investors, or end users seeking high traffic frontage, open water access, and bay bottom rights. Property is zone Mixed Use Commercial (MU C). Currently has two concrete dwellings on site with 4 building rights, deep water access, and dockage. Direct open water with panoramic views and potential for dock development, boating, or a water sport business. Ideal for possible hotel/motel, retail, restaurant, marina, or mixed use commercial ventures (subject to city approval). High visibility corridor daily on US 1/Overseas Highway. Benefit from strong foot traffic and year round visitors. Ownership of the bay bottom opens unique possibilities for water related commercial activity. Rare opportunity to acquire two contiguous parcels with waterfront, bay bottom rights, four dwelling rights and highway presence. Whether you're envisioning a boutique resort, a landmark restaurant on the water, or a marine focused business, this combined site offers everything you need land, location, and lifestyle.
Features
Building and Construction
Buildingpermit: Other Permit
Total Lots: 3.00
Property Information
Property Group Id: 19990816212131825981000000
Property Rights: Transfer Bldg Rights
Eco-Communities
Water View: Open Water View
Utilities
Existing Utilities: Electric on Site, Water Meter, Sewer
Rare 100' of waterfront re development opportunity with deep water dockage approved! 200' highway frontage! Huge 74,890 sq ft site with an active conditional use permit for 10 unit and 4 affordable st
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