For Sale
$1,150,000

11215 Overseas HwyMarathon, FL 33050

Rare Waterfront Warehouse, Mixed-Use Potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Marathon, Florida property, located at 11215 Overseas Highway, presents a unique investment opportunity. Boasting 2,256 square feet, this 1983-built warehouse sits on waterfront land zoned MU-Mixed Use, offering significant income potential. The property includes a 1410+ square foot commercial space on the first floor, ample parking, and high visibility on US Highway 1, directly across from a new Circle K. A key feature is 50 feet of dockage with direct ocean access, complemented by an existing marina operating permit. The property also features a fully furnished, two-bedroom, two-bathroom residence with balconies and stunning water views, suitable for weekly rentals or live-aboard use (allowing two permanent live-aboards). A billboard lease adds to the existing income stream. This versatile property offers numerous possibilities for both commercial and residential use, making it an ideal investment in a prime location. The property is situated in Monroe County, Florida, zip code 33050. This is a rare chance to own a waterfront commercial property in Marathon, with the potential for substantial returns.

Highlights

  • $1,150,000 asking price.
  • 2,256 square foot industrial warehouse on waterfront land.
  • Mixed-use (MU) zoning, allowing for residential and commercial uses.
  • 1983 construction.
  • 50 feet of dockage with ocean access and existing marina permit.

Property Details for 11215 Overseas Hwy

Property type
Warehouses, Land
Square Feet
2,256 SF
Year Built
1983

Location Insight

City
Marathon
County
Monroe
State
Florida
Latitude
24.7289983
Longitude
-81.034513
11215 Overseas Hwy, Marathon, Florida

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11215 Overseas Hwy
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