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Sold for $1,500,000
  • $1,500,000

    4000 Overseas Hwy, Marathon, FL 33050

    --beds
    0baths
    0.87Acres
    Unimproved Land
    Built in ----
    0.87 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    Not available

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Pam Nada-Caley 305-304-9208,

    Coldwell Banker Schmitt Real Estate Co.

    Bought with:

    Pam Nada-Caley, 3040594

    Coldwell Banker Schmitt Real Estate Co.

    Source: FLKMLS,MLS#: 606932MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Features
    • Fencing: Fenced
    Lot
    • Size: 0.87 Acres
    • Dimensions: 200' x 190'
    • Features: Corner Lot, Cleared
    Details
    • Parcel number: 00337220000000
    • Zoning: MU - Mixed Use Commercial Mixed Use

    Utilities & green energy

    • Electric: Electric on Site

    Community & HOA

    Community
    • Subdivision: Marathon Beach (49.0)
    HOA
    • Has HOA: No
    Location
    • Region: Marathon

    Financial & listing details

    • Annual tax amount: $6,087
    • Date on market: 5/2/2024
    • Listing terms: No Seller Finance,Buyer Obtain Finance
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/17/2024Sold$1,500,000-16.7%
    Source: FLKMLS #606932 Report a problem
    7/19/2024Price change$1,800,000-35.7%
    Source: MLKAR #606932 Report a problem
    10/7/2023Listed for sale$2,800,000
    Source: MLKAR #606932 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 33050

    Nearby schools

    GreatSchools rating