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5994 Overseas HwyMarathon, FL 33050

Prime Commercial Land, Marathon, FL

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 0.556-acre commercial land parcel presents a unique investment opportunity in Marathon, Florida. Located on Overseas Highway (SR A1A/US-1), the site boasts unparalleled visibility and accessibility, with over 33,000 average annual daily traffic counts. The property is zoned for mixed-use commercial development, offering flexibility for build-to-suit projects or ground leases. Recently cleared and ready for development, this lot features convenient ingress and egress, including a dedicated left-turn lane for eastbound traffic. Its strategic location adjacent to a shopping plaza further enhances its appeal. The limited land availability and stringent development regulations in the Florida Keys make this a rare chance to establish a presence in this high-barrier-to-entry market. This fee-simple ownership offers significant potential for long-term growth and return on investment in a thriving Florida Keys community. The property's prime location along the main thoroughfare connecting Marathon to the rest of the state ensures high visibility and accessibility for any commercial venture. This is an exceptional opportunity to capitalize on the increasing land scarcity and strong demand for commercial development in this desirable location. The site's convenient access and dedicated turning lane contribute to its exceptional functionality and appeal to potential tenants or developers.

Highlights

  • 0.556-acre site with excellent visibility in a high-barrier-to-entry market.
  • Commercially zoned lot with direct A1A/US-1 frontage.
  • Cleared lot ideal for build-to-suit or ground lease development.
  • High barriers to entry due to development regulations and limited land availability.
  • Convenient location adjacent to a shopping plaza with easy A1A access and dedicated turning lane.

Property Details for 5994 Overseas Hwy

Property type
Land
Lot Size (sq. ft)
24,219 SF

Location Insight

City
Marathon
County
Monroe
State
Florida
Latitude
24.7178368
Longitude
-81.0716064
5994 Overseas Hwy, Marathon, Florida

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5994 Overseas Hwy
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