1240 Overseas Highway, Marathon, FL

Others for Sale - $3,500,000


Agent Info

Elizabeth Jolin
Coldwell Banker Schmitt Real Estate Co.

Property Info

CIMLS#1184914
Location
  1240 Overseas Highway
  Marathon FL 33050
UpdatedDecember 4th, 2025
TypeOthers
Price$3,500,000

Property Description

Multi-Parcel Waterfront Offering Iconic 7 Mile GrillThis rare multi-parcel package in Marathon, FL combines an iconic waterfront restaurant, residential property, development rights, and dockage. 1240 Overseas Hwy is home to the renowned 7 Mile Grill. Operating with a transferable beer and wine license, the operation serves year round breakfast, lunch and dinner. A transferable submerged land lease allows for continued use of the 129' of waterfront for boating access.The parcel carries an additional development right for a single-family home and included in the sale is an additional single-family home with 4 beds/1 bath (1230 Overseas Hwy).The US1 front exposure offers exceptional exposure.


Financials


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