$6,900,000

8700 Overseas Highway, Marathon, FL 33050

  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Seller is calling for offers...Attention Developers!!!....Direct oceanfront development opportunity located in the Economic Opportunity Zone in the Middle Keys. 1.67 acres with concrete seawall in place for (5) 30' dock spaces and (5) 30'-40' T-Docks are in permitting. Development agreement in place with the City of Marathon for (10) single family villas with (10) building entitlements in hand to start building today. Villas are concrete construction, four bedroom, there and a half bathrooms, 2,643 sf under air, impact windows/doors, metal roofs, open porches, roof top deck, elevator, private pools and assigned docks. This property features a protected boat basin with six lots and four oceanfront point lots with direct open ocean views and access. This rare, oceanfront parcel would make a fabulous private multi-family compound or build (10) vacation rental income producing villas and take advantage of the tax benefits from the EOZ.

Listing Status:
Active
Listing Office:
Ocean Sotheby's International Realty : (305) 735-4447
Listing Agent:
Jo Ann Cook : (305) 360-7968
MLS ID:
613755
  • Disability Feature: For Sale

This listing courtesy of Jo Ann Cook, Ocean Sotheby's International Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

S

Stanley Switlik Elementary School

3400 Overseas Hwy, Marathon, FL, 33050

Grades PK-5

2.71 miles away

M

Marathon Middle High School

350 Sombrero Beach Rd, Marathon, FL, 33050

Grades 6-12

2.05 miles away

M

Marathon Middle High School

350 Sombrero Beach Rd, Marathon, FL, 33050

Grades 6-12

2.05 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby