38 Coco Plum Drive
Marathon, FL 33050
MLS# 614960
Status:
Contingent1 baths | 5439 sqft
Property DescriptionExceptional commercial waterfront opportunity in the heart of Marathon. This prime commercial property consists of five contiguous lots totaling approximately 30,000 square feet, with 300' on Coco Plum Dr and 300 feet of waterfront. The property includes 18 boat slips with a control depth of approximately 5 feet, offering outstanding maritime access and functionality.
Zoned MU-M (Multi-Use Maritime), this versatile zoning allows for a broad range of uses including maritime industry operations such as fishing equipment sales and service, seafood processing, marine-related manufacturing, and boat storage. Additional permitted uses include retail, restaurant, affordable housing, and residential development, making this a uniquely flexible investment property.
Parcel IDs include: 00362930, 00362940, 00362950, 00362960, and 00362970. The seller will provide a complete list of all personal property included in the sale, including major furniture, fixtures, and equipment. This is a rare opportunity to acquire a substantial, high-exposure commercial property with extensive waterfront and mixed-use potential in one of the most desirable areas of the Florida Keys.
Current Price: $4,950,000
Listing Date: 2025-05-09
Listing Board: Florida Keys
Monthly Rent: $4,950,000
Limited Representation: No
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
Street #: 38
Street Name: Coco Plum
Street Suffix: Drive
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
Subdivision: Coco Plum Beach (54.5)
County: Monroe
Area: 18 - East of Holiday Inn US #1 & Coco Plum
Realtor.COM Type: Commercial
Style: Commercial
Lot Size: 300 x 100
Lot SqFt: 30000
Waterfront: Yes
Control Depth: 5
# Stories: 1
Total # Buildings: 1
Building SqFt: 5439
SqFt Source: Tax Records
Living Apx SqFt: 5439
Year Built: 1994
Full Baths: 1
Total Baths: 1
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Bank Owned: No
Potential Short Sale: No
Contingent: Contingent
Status: Contingent
Type: Boat Care; Boat Sales/Service; Marina; Other Services
Waterview: Open Water View
Utilities: Municipal Sewer
Miscellaneous: High Visibility; Highway Frontage; Loading Dock; Open Water View; Storage
Land Size: 1/2 - Less Than 1 AC
Listing Office: RE/MAX All Keys Real Estate
Last Updated: August - 31 - 2026
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.