13759 Overseas HWY, Marathon, FL 33050
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13759 Overseas HWY, Marathon, FL 33050
13759 Overseas HWY, Marathon, FL 33050
13759 Overseas HWY, Marathon, FL 33050
13759 Overseas HWY, Marathon, FL 33050
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Listed by Samuel Davis Williams Coldwell Banker Schmitt Real Estate Co.
$ 3,900,000
Est. payment /mo
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13759 Overseas HWY Marathon, FL 33050

4 Beds

5 Baths

3.69 Acres Lot


UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Driftwood Estates (54.0)

MLS Listing ID 620305

Bedrooms 4

Full Baths 4

Half Baths 1

HOA Y/N No

Year Built 1950

Annual Tax Amount $22,546

Tax Year 2025

Lot Size 3.691 Acres

Acres 3.69

Lot Dimensions X

Property Sub-Type Commercial

Property Description

Rare Florida Keys mixed-use development opportunity with approx. 124,300 sq. ft. of uplands plus additional bay bottom ownership. Property includes 4 verified building rights with Letter of Site Condition on file. Existing improvements include a duplex and single-family home.

Mixed Use (MU) zoning allows for a wide range of future possibilities, including commercial, residential, storage facility, marina-related use, workforce housing, market-rate housing, or potential subdivision into multiple parcels. Current zoning allows up to 6 market-rate units per acre or up to 15 affordable units per acre, buyer to verify per City of Marathon.

The property offers approximately 216 feet of highway frontage, plus additional east-side access through an access easement, creating multiple entry points and flexibility for future site planning. A neighboring gas station adds convenience and commercial synergy for future development concepts.

A unique feature is the sleeper asset of this property which is ownership/control of bay bottom extending behind approximately 12 lots along Cocoplum Drive, creating potential value tied to dockage, marina concepts, water access, assemblage opportunities, or long-term redevelopment.

Deep-water access, good depth, multiple boating configurations, and proximity to the marked channel entrance add to the site's appeal. Large mixed-use tracts with water access and verified building rights are increasingly rare in the Florida Keys, making this a strong opportunity for an investor, developer, marina operator, or long-term land holder.

Seller states property will be delivered vacant and free of personal belongings before closing. Buyer to verify zoning, density, building rights, permitted uses, dockage, water depth, access easements, permitting, and development potential.

Location

State FL

County Monroe

Area 18 - East Of Holiday Inn Us #1 & Coco Plum

Zoning MU - Mixed Use Commercial Mixed Use

Direction From Overseas Hwy/US-1, proceed to MM 54 in Marathon. Use the nearby entrance at 13755 Overseas Hwy to access the property area, then follow through to 13759 Overseas Hwy.

Interior

Cooling Wall/Window Unit(s), Ceiling Fans(s), Central Air

Appliance Range, Refrigerator

Exterior

Parking Features Guest, Off Street

Utilities Available FKAA, Municipal Sewer

Waterfront Description Open Water

Garage No

Others

HOA Fee Include None

Tax ID 00362660000000

Miscellaneous Fencing


NEARBY SCHOOLS & PROPERTIES

Laurie Keiling

Laurie Keiling

Advisor | License ID: SL559865

+1(305) 363-9484

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13759 Overseas HWY