5994 Overseas HwyMarathon, FL 33050

Property Details for 5994 Overseas Hwy

Year built

1969

Lot size

0.56 AC

Property size (Sq ft)

5,879 SF

Property type

Retail properties

Property subtype

Retail space

APN

00338240-000000

APU

338240000000

Description

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.

Location Insight

City

Marathon

County

Monroe

State

Florida

Latitude

24.7178

Longitude

-81.0716

CBSA code

28580

CBSA name

KEY WEST-MARATHON, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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