Sold

Closed

1622 Overseas Highway

Marathon FL, 33050

$6,450,000


$1,897.06 per sqft

Sold

Closed

3,400 sqft

Commercial

Built in 1938

Incredible Waterfront Development opportunity Bayside in Marathon. 3.65 Acres of Bayside Uplands plus 1.1 Acre of environmentally sensitive land. Private boat basin with 10 or more boat docks able to accommodate up to 36' Vessels. Recent City of Marathon approval for 8 Waterfront units, 6 market rate and 2 Transient Dwelling units. See uploaded docs. Current plans available call for a Gated community with eight 3,500 sf. Waterfront Estate Homes each 2 story, 4bd/4.5 bath with separate 2bd/2.5ba Guesthouse. Each home will have private pools, parking, massive decks and porches. Compound would include tennis courts and a shared conference room. In addition, approval for 3,400 sf. of Commercial Transferrable Building Rights (TBR's) which will be separate from the residential development with a wall and heavy tropical landscaping. Owner may consider Seller financing to qualified buyer.

598912

MLS ID

December 22, 2021

Listed

October 14, 2024

Updated

Map

1622 Overseas Highway
Marathon FL, 33050

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

4.75 Acres


Lot Features

2 Less Than 5 Acres

Other Property Details

Area Name

13 - 7 Mile Bridge to Sombrero Bch Rd E & W


Taxes

$35,574


Tax Frequency

Annually


Days on Market

622


Association Amenities

Other


Garage

No


View

Yes


View Description

Bay/Gulf View


County

Monroe


Pool

No


Waterfront

Yes


Zoning

MU - M - Mixed Use - Maritime

Listed by Curtis A Skomp, CCIM with RE/MAX Keys Connection (KW)
Listing Contact:  

The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 10/14/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Florida Keys Board of REALTORS® all rights reserved.

Data last updated on 10/14/2024 at 11:51 PM UTC

 

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