For Sale
$3,800,000

81 Coco Plum Dr Marathon, FL 33050

Profitable Florida Keys Business w/ Waterfront

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional Marathon, Florida property, listed at $3,800,000, offers a unique blend of commercial and residential opportunities. Currently operating as a successful electric company's base, the property includes a home (requiring modernization), multiple work sheds, ample parking for work vehicles and trailers, and extensive waterfront assets. These assets include a private boat ramp, at least five wet slips with fully refurbished docks (including one lift slip), and a Tiki hut covering another private lift slip. The property boasts substantial dockage in front of the home, with additional docks available. PVC sheet piling protects the northern bank. The approximately 5,000 annual property taxes reflect the value and location. The bottomlands are owned outright, eliminating submerged land lease concerns. The seller represents the property as environmentally tested and clean. This versatile property presents a rare chance to acquire a thriving business with significant residential and recreational potential in the desirable Florida Keys. The property's diverse uses and prime waterfront location make it an exceptional investment opportunity.

Highlights

  • $3,800,000 Marathon, FL commercial property with residential potential.
  • Currently operates as a successful electric company base.
  • Includes a home (needs updating), multiple work sheds, and ample parking.
  • Features extensive waterfront assets: private boat ramp, five wet slips with refurbished docks (including one lift slip), and a Tiki hut covering another private lift slip.
  • Significant dockage, PVC sheet piling protecting the northern bank, and outright ownership of bottomlands.
  • Environmentally tested and clean.

Property Details for 81 Coco Plum Dr

Property type
Specialty properties, Retail properties

Location Insight

City
Marathon
County
Monroe
State
Florida
Latitude
24.727991
Longitude
-81.0136113

FAQs

What type of property is this?
Specialty property - Profitable Florida Keys Business w/ Waterfront
Where is the specialty property located?
The property is located at 81 Coco Plum Dr Marathon, FL.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: $3,800,000 Marathon, FL commercial property with residential potential.; Currently operates as a successful electric company base.; Includes a home (needs updating), multiple work sheds, and ample parking.
How can I contact the broker?
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81 Coco Plum Dr
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