12685 Overseas Highway Marathon, FL 33050

$6,500,000
12685 Overseas Highway, Marathon, FL 33050
Call 1-800-839-1363
568320

Commercial Property for sale in Marathon, FL

for $6,500,000. This 4,654 square foot building was built in 1948 on a lot size of 170275.00 Sqft.

Property Information

  • $6,500,000
  • Commercial
  • 4,654 Square Feet
  • Taxes are $17,641
  • Hotel/Motel
  • Active
  • Lot size of 170275.00 Sqft
  • Built in 1948
  • Marathon, FL
  • Monroe County
  • MLS/Web ID is 568320
  • Listing Agent is Jody Owen

Description

This operating motel property is unique offering with 7 motel studio and efficiency units, plus 13 floating room units, deep water dockage on 2 acres of MU zoned land with great boating access. This property vested rights for a total of 27 transient building rights. There is a letter on file confirm all the vested rights with the property. DO NOT DISTURB THE BUSINESS!

Interior 1

Sewer

  • Municipal

Exterior 4

Construction

  • Frame
  • Other

Exterior

  • Dock

Parking

  • Off Street Parking

Waterfront Description

  • Ocean
  • Waterfront Property

Miscellaneous 1

View

  • Open View

† Excluded Feature

Listed By

Listing Agent: Jody Owen
Broker: AMERICAN CARIBBEAN REAL ESTATE - MIDDLE KEYS

12685 Overseas Highway, Marathon, FL, 33050 is a Commercial Property for sale at $6,500,000 with 4,654 sqft and a lot size of 170275.00 Sqft. 12685 Overseas Highway has 0.0 baths and was built in 1948. The property's zip code is 33050 which is in Marathon, FL

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Pricing History

Date Price Price Change Description
1/18/2016 $6,500,000 4.00 % Price Change
1/17/2016 $6,250,000 8.70 % Price Change
9/13/2015 $5,750,000 -10.85 % Price Change
8/26/2015 $6,450,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Marathon $1,077,097 83 % below $650,000 90 % below
Commerical listings in Marathon $2,845,653 56 % below $2,390,000 63 % below

Get the facts about Marathon, FL!

Population 8,585
Population Growth (since 2000) -15 %
Median Income $53,119
Median Age 50.1
Households w/ Children 20 %

Residential Dwellings

  • Owned 2147
  • Vacant 2422
  • Rented 1716

Similar Listings

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