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Wade M. Berlin

ABR,BrkrAssc,CNE,CPM,FSSR,GAA,LLC,PMN,REALTOR ®,SRES
Tropic Shores Realty
The Real Estate Professional You Deserve
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PRICED AT ONLY: $4,900,000

Address: Address Not Provided

Description

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 3 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.
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  • MLS#: 615454 ( Land )
  • Street Address: Address Not Provided
  • Viewed: 16
  • Price: $4,900,000
  • Price sqft: $0
  • Waterfront: Yes
  • Waterfront Type: Open Water
  • Year Built: Not Available
  • Bldg sqft: 0
  • Acreage: 3.69 acres
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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
  • Security: No Security
Finance and Tax Information
  • Tax Year: 2024
Other Features
  • Add L Parcel Num1: 00100230-000000
  • Add L Parcel Num2: 00362660-000000
  • Assocmisc Info 1st Right Of Refusal: No
  • Assocmisc Info Mandatory Home Owners Asc: No
  • Deed Restrictions: Unknown
  • Dockage Dock Length: 150
  • Dockage Dock: Wood
  • Flood Zone: AE, AE
  • Legal Description: LOT 3 DRIFTWOOD ESTATES PB2-132 FAT DEER KEY OR527-841 OR886-957 OR1068-1148 OR1159-280 OR1159-1004 OR1273-115 OR1599-19
  • Locationsite: Highway Frontage, Water Frontage
  • Mile Marker: 54.00
  • Miscellaneous Info Mobile Home Lot: No
  • Parcel Num: 00362670-000000
  • Side: Ocean
  • Views: 16
  • Zoning: MU - Mixed Use Commercial Mixed Use

Contact Info

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