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$1,500,000
4000 Overseas Highway
Marathon, FL 33050
MLS# 606932
Status: Closed

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Aerial to North Aerial toward South Aerial from Overseas Hwy Corner location Overseas Hwy & 41st St. 200 LF on Overseas Highway Office 850 SF office at back of property Aerial Yard toward west 10 close up toward north-mls size Aerial Aerial Private parking on right of bldg. Aerial 41st St, Overseas Hwy. Main Office space Second office space Aerial View across lot Entrance on 41st St.

Property Description
This incredible elevated 38,000 sq. ft. corner property with 200 feet of Overseas Highway frontage is zoned mixed use and can accommodate numerous development opportunities. The lot is enclosed with fill, a CBS retaining wall, and topped with a CBS fence. This unique large lot provides plenty of height and space to add offices or other buildings with adequate parking area. The lot was filled and graded to provide protection from rising water levels. A 2016 Elevation Certificate showed the Flood Zone as AE 8 and the lowest adjacent finish grade next to the building in back of the lot to be at 8.1 ft. After Hurricane Irma in 2017 the lot had only 3 palm fronds to remove. The lot includes most of the right-of-way along Overseas Highway which helps in getting approval for a second entrance on Overseas Highway, if needed. (Contact the City of Marathon for details.) Remember commercial buildings do not require TBR's, and the City of Marathon has commercial sq. ft. space available. The 850 sq. ft. office situated toward the back of the lot should enhance any business you are planning. Added features of the office include two office spaces, break room, storage area, 1 ½ baths, generator with 2000-gallon propane tank, handicap ramp and parking area. There is a second water meter for irrigation. Call today for a showing to see this spacious mixed-use property. Please do not walk the property without the listing agent.

Details
Maps
Contract Information
Listing Board: Marathon/Lower Keys
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Current Price: $1,500,000
Listing Date: 2023-10-07
Sold Price: $1,500,000
Location, Tax & Legal
City: MARATHON
Mile Marker: 49
Marathon Neighborhood: Old Town East (25th to Sombrero)
Side: Bay/Gulf
Flood Zone: AE 8
Alternate Key #: 1414875
Parcel #: 00337220-000000
Zoning: MU - Mixed Use Commercial Mixed Use
Deed Restrictions: Unknown
Legal: BK 2 LTS 6,7 & 8 MARATHON BEACH PB2-21
Taxes: 6087.75
Tax Year: 2022
Street #: 4000
Street Name: Overseas
Street Suffix: Highway
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
County: Monroe
Subdivision: Marathon Beach (49.0)
Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
General Property Description
Realtor.COM Type: Vacant Land
Waterfront: No
Control Depth: 0
Lot SqFt: 38000
Lot Dimensions: 200' x 190'
Lot Sqft Source: Property Data Card
Survey Available: Yes
Remarks & Misc
Remarks – Consumer: This incredible elevated 38,000 sq. ft. corner property with 200 feet of Overseas Highway frontage is zoned mixed use and can accommodate numerous development opportunities. The lot is enclosed with fill, a CBS retaining wall, and topped with a CBS fence. This unique large lot provides plenty of height and space to add offices or other buildings with adequate parking area. The lot was filled and graded to provide protection from rising water levels. A 2016 Elevation Certificate showed the Flood Zone as AE 8 and the lowest adjacent finish grade next to the building in back of the lot to be at 8.1 ft. After Hurricane Irma in 2017 the lot had only 3 palm fronds to remove. The lot includes most of the right-of-way along Overseas Highway which helps in getting approval for a second entrance on Overseas Highway, if needed. (Contact the City of Marathon for details.) Remember commercial buildings do not require TBR's, and the City of Marathon has commercial sq. ft. space available. The 850 sq. ft. office situated toward the back of the lot should enhance any business you are planning. Added features of the office include two office spaces, break room, storage area, 1 ½ baths, generator with 2000-gallon propane tank, handicap ramp and parking area. There is a second water meter for irrigation. Call today for a showing to see this spacious mixed-use property. Please do not walk the property without the listing agent.
Directions: MM 49 in Marathon, FL Gulf side corner of Overseas Highway and 41st Street.
Status Change Info
Sold Comments: Congratulations to my Sellers and Buyer!
Sold Date: 2024-10-17
Sold Price: $1,500,000
Status: Closed
Assoc/Misc Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Miscellaneous Info
Mobile Home Lot: No
Dockage
None: 1
Tax Exemptions
None: 1
Waterfront
None: 1
Waterview
No Waterview: 1
Location/Site
Cleared Site: 1
Corner Lot: 1
Fenced: 1
Highway Frontage: 1
Paved Street: 1
Existing Utilities
Electric on Site: 1
Sewer: 1
Water Line: 1
Water Meter: 1
Land Size
1/2 - Less Than 1 AC: 1
Terms
Buyer Obtain Finance: 1
No Seller Finance: 1
Title
Title Ins - Buyer: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Property Features
Tax Exemptions: None
Waterfront: None
Dockage: None
Waterview: No Waterview
Existing Utilities: Electric on Site; Sewer; Water Line; Water Meter
Land Size: 1/2 - Less Than 1 AC
Terms: Buyer Obtain Finance; No Seller Finance
Title: Title Ins - Buyer
Listing Office: Coldwell Banker Schmitt Real Estate Co.

Last Updated: October - 18 - 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.

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