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