7537 Overseas Highway, Marathon, FL

Industrial for Sale - $3,750,000 - 4,354 Sq. Ft.


Agent Info

Josh Mothner
Coldwell Banker Schmitt Real Estate Co.

Property Info

CIMLS#1160956
Location
  7537 Overseas Highway
  Marathon FL 33050
UpdatedJune 22nd, 2024
TypeIndustrial
Price$3,750,000
Building4,354 Sq. Ft.

Property Description

One of the few large parcels left in Marathon at 1.64 Acres. Multiple Development Opportunities, including multifamily, Mixed use Commercial, and more. Perfect location next to Rotary Children's Park with plenty of parking. Conditional Use Approval from the City of Marathon for up to 10 residential units along with commercial space in the heart of Marathon. Property currently entitled with 4 Market Rate Rights only 3 of which will convey. To construct 10 units building rights would need to be purchased. 302 linear feet on US 1 with three existing curb cuts. Corner lot with approved ingress/egress from side street (75th Street) as well as median cut allowing for access from southbound traffic as well as northbound. Large signage approved by City of Marathon with permission to remain per seller.


Financials


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