58182 Overseas Highway, Marathon, FL 33050

$6,700,000
For Sale
Type: Bar,Grocery/Convenience,Hotel/Motel,Mobile Home Park,Restaurant,Retail

Property Details for 58182 Overseas Highway, Marathon, FL 33050

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Property Overview

Beautiful oceanfront hotel with 11 large 2, 3, and 4 bedroom units (average of 1,125 square feet each) and 27 additional transient rental licenses on 2.75 acres. In 2017 the entire interior (and most of the exterior) was painted and the furnishings replaced. New AC and elevator. There are 3 pools, a dock, parking (some covered), 550 lineal feet of oceanfront and direct access from US 1. Being sold As Is this is one of those rare opportunities to do some developing in the Florida Keys and MU zoning allows for many uses including Retail, Restaurant, Recreational, Apartments, Vacation Rentals and more. Hotel is also perfect for a quick condominiumization as each unit is metered separately!
Courtesy Of Berkshire Hathaway Knight & Gardner Realty

Features

  • Age: 11-20 Years Old
  • Amenities: Water Front
  • Appliance: Dishwasher
  • Appliance: Refrigerator
  • Appliance: Range
  • Architecture Style: Other
  • Building Units: 38
  • Cooling System: Ceiling Fan(s)
  • Cooling System: Central A/C
  • Floor Covering: Tile
  • Floors: 3.0
  • Legal Description: CRAINS SUBD PB1-51 GRASSY KEY LOTS 1 2 & 3 SQR 36 & W'LY 15' UNNAMED ST ADJ LOT 1 RES B-C-C 8/11/61 & ADJ PORTION OF FLA
  • MLSID: 577031
  • Parking Type: Off Street
  • Parking Type: Guest
  • Parking Type: Covered
  • Roof Type: Concrete Tile
  • Rooms: Half Bath
  • Rooms: Bedroom
  • Rooms: Full Bath
  • View Type: Water
  • View Type: Ocean

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Demographic Data for Marathon, FL 33050

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HOUSEHOLD INCOME
$78K
MEDIAN AGE
51
OWNER OCCUPIED DWELLINGS
2,379
VACANT DWELLINGS
3,009
HOUSEHOLDS WITH CHILDREN
840
ETHNIC BACKGROUND
POPULATION
9,370
Population per Square Mile
1,031.2
Population Change Since 2000
-14%
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CENTURY 21 Office CENTURY 21 Schwartz Realty
5180 Overseas Highway
Marathon, FL 33050
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Additional Comments
The Bar,Grocery/Convenience,Hotel/Motel,Mobile Home Park,Restaurant,Retail property located at 58182 Overseas Highway, Marathon, FL 33050 is currently for sale. 58182 Overseas Highway, Marathon is listed for $6,700,000. If the property located at 58182 Overseas Highway, Marathon, FL isn't what you're looking for, search Florida commercial real estate to see other properties for sale or lease in Marathon.