$3,000,000
Marathon, FL 33050
MLS# 594979
Status: Closed
1 baths
1 / 25
Property Description
Back on market! Listed Approx $250,000 under appraised value. Rare opportunity to purchase the Historic 7 Mile Marina less than a mile from 7 Mile Bridge with over 360ft of US-1 frontage! Commercial property consists of protected marina, 3,600 sqft building. Marathon approved transferable building rights allowing 8,332 of commercial floor area, two tax keys totaling +/- 54,768 sqft or 1.25 acres. Property being sold ''AS IS'' no warranties or representations and no leases. Includes a deed restriction for neighboring property not to store lobster traps within 75 ft of NE property line. Prior to 2014 fire, property had a 150 seat restaurant and office.
Details
Maps
Contract Information
Current Price: $3,000,000
Listing Date: 2021-03-04
Listing Board: Marathon/Lower Keys
Leased Price Monthly: $3,000,000
Limited Representation: No
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
Species List: No
Location, Tax & Legal
Street #: 1090
Street Name: Overseas
Street Suffix: Highway
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
Subdivision: Riggs Sub (47.5)
County: Monroe
Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot Size: 1.26 acres
Lot SqFt: 54768
Waterfront: Yes
Control Depth: 3
Year Built: 1958
Full Baths: 1
Total Baths: 1
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Dockage
Dock: Concrete
Seawall: Concrete
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Under Contract Date: 2021-11-18
Leased Date: 2021-12-29
Leased Price Monthly: $3,000,000
Status: Closed
Property Features
Type: Boat Sales/Service; Marina; Restaurant; Retail; Other Services
Waterfront: Gulf Front
Waterview: Bay/Gulf View; Harbor/Marina View
Utilities: Buyer to Verify
Appliances: No Appliances
Construction: Other
Land Size: 1 Less Than 2 Acres
Fee Includes: None
Listing Office: Keys Realty LLC
Last Updated: September - 09 - 2024
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.