11187 Overseas HwyMarathon, FL 33050

Property Details for 11187 Overseas Hwy

Year built

1987

Lot size

0.17 AC

Property size (Sq ft)

2,098 SF

Property type

Office properties

Property subtype

Office buildings

APN

00345250-000000

APU

345250000000

Description

This exceptional commercial property, located at 11187 Overseas Highway Unit 1 in Marathon, Florida, offers a variety of professional office spaces for lease within a modern, upscale building. Currently available are several office suites, including two identical units measuring 5.5 feet by 11.5 feet, each priced at $875 per month. Beyond these, additional smaller and larger office spaces are also available, offering flexibility to suit diverse business needs. The building boasts a convenient shared kitchenette, two well-equipped conference rooms perfect for meetings and presentations, and ample parking for tenants and clients. High visibility is ensured by the property's strategic location directly across from a new Circle K, with signage opportunities available to enhance your business presence. All utilities are included in the monthly lease rate, simplifying budgeting and administration. The building's existing tenants include professionals in real estate and vacation rental management, creating a collaborative and supportive business environment. This is an excellent opportunity to establish or expand your business in a prime Marathon location. Contact us today to schedule a viewing and secure your ideal office space.

• CAP approach

  CAP return

  Valuation

  6%

  $1,547,805

  6.5%

  $1,428,743

  7%

  $1,326,690

• Comparable approach

  Method

  Valuation

  Relative Method

  $698,599

  Geo Method

  $698,599

• Alternative Use

  Use

  Valuation

  Residential

  $1,771,641

  Hospitality

  $1,622,814

  Educational

  $1,350,162

  Medical

  $1,396,596

  Retail

  $2,100,252

Location Insight

City

Marathon

County

Monroe

State

Florida

Latitude

24.7288

Longitude

-81.0354

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].