11400 Overseas HwyMarathon, FL 33050

Property Details for 11400 Overseas Hwy

Year built

1973

Lot size

0.98 AC

Property size (Sq ft)

22,069 SF

Property type

Retail properties

Property subtype

Community centers

APN

00334860-000000

APU

334860000000

Description

This exceptional retail property, located at 11400 Overseas Highway in Marathon, Florida (zip code 33050), offers a substantial 22,069 square feet of single-tenant space. The property is zoned UC and features a highly visible location directly adjacent to US-1, ensuring excellent exposure for any business. Road signage opportunities are available, capitalizing on the high traffic volume of this main Marathon business corridor. The ground floor location provides easy accessibility, a key advantage for customers and employees. The building itself is part of a bustling commercial plaza, offering convenient amenities such as an elevator, two stairwells (one at each end of the plaza), public restrooms, and ample parking. The unit itself includes a reception area, multiple offices or treatment rooms (depending on tenant needs), and a private bathroom. Utilities are handled efficiently with individual electric meters for each unit, while water and trash removal are included in the monthly rental cost. The lease terms require first and last month's rent as security deposit, with a monthly rent of $2600 plus a 3.5% state/county tax. A long-term lease commitment of at least two years is preferred, with the possibility of a multi-year lease option. This property presents a unique opportunity for businesses seeking a prominent and well-equipped space in the heart of Marathon's commercial district. The APN is 00334860-000000.

• CAP approach

  CAP return

  Valuation

  6%

  $23,933,614

  6.5%

  $22,092,568

  7%

  $20,514,526

• Comparable approach

  Method

  Valuation

  Relative Method

  $18,518,398

  Geo Method

  $18,518,398

• Alternative Use

  Use

  Valuation

  Residential

  $18,635,908

  Hospitality

  $17,070,390

  Educational

  $14,202,365

  Medical

  $14,690,806

  Retail

  $22,092,568

Location Insight

City

Marathon

County

Monroe

State

Florida

Latitude

24.7302

Longitude

-81.0338

CBSA code

28580

CBSA name

KEY WEST-MARATHON, FL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].