Rare Florida Keys mixed-use development opportunity with approx. 124,300 sq. ft. of uplands plus additional bay bottom ownership. Property includes 4 verified building rights with Letter of Site Condition on file. Existing improvements include a duplex and single-family home. Mixed Use (MU) zoning allows for a wide range of future possibilities, including commercial, residential, storage facility, marina-related use, workforce housing, market-rate housing, or potential subdivision into multiple parcels. Current zoning allows up to 6 market-rate units per acre or up to 15 affordable units per acre, buyer to verify per City of Marathon. The property offers approximately 216 feet of highway frontage, plus additional east-side access through an access easement, creating multiple entry points and flexibility for future site planning. A neighboring gas station adds convenience and commercial synergy for future development concepts. A unique feature is the sleeper asset of this property which is ownership/control of bay bottom extending behind approximately 12 lots along Cocoplum Drive, creating potential value tied to dockage, marina concepts, water access, assemblage opportunities, or long-term redevelopment. Deep-water access, good depth, multiple boating configurations, and proximity to the marked channel entrance add to the site's appeal. Large mixed-use tracts with water access and verified building rights are increasingly rare in the Florida Keys, making this a strong opportunity for an investor, developer, marina operator, or long-term land holder. Seller states property will be delivered vacant and free of personal belongings before closing. Buyer to verify zoning, density, building rights, permitted uses, dockage, water depth, access easements, permitting, and development potential.
7070 Overseas Highway in the heart of Marathon presents an incredible mixed-use investment opportunity in a prime Overseas Highway location with outstanding visibility and endless potential. Formerly operating as a flower shop, Marathon florist, this versatile commercial property offers flexibility for a wide range of business ventures, income-producing opportunities, or redevelopment concepts. The property features approximately 4,168 finished square feet and is zoned for mixed use, making it appealing for a variety of uses! The high-traffic location provides exceptional exposure along one of the Florida Keys' busiest corridors. Looking to expand income potential? The second floor includes three residential rental units, creating immediate revenue opportunities: • One spacious 2-bedroom unit • Two 1-bedroom units Whether you are an investor seeking multiple income streams, an entrepreneur ready to launch a business in the Keys, or someone searching for a live/work opportunity, this property offers exceptional flexibility and long-term value. With mixed-use zoning, strong visibility, rental income potential, and a sought-after Marathon location, 7070 Overseas Highway is truly a rare opportunity for business investments, ventures, and future growth.
High visibility fully equipped restaurant and market available for sale. Includes Real Estate, all furnishings, fixtures, and equipment (FF&E.) Property provides ample parking for 135 seat restaurant currently with an SFS Liquor License. Well established location known by locals and visitors alike. Multi-faceted operation with 2,762 sq ft containing high quality dining, fresh seafood market, and tiki bar. Business added the 700 sq ft of open deck for extra seating and liquor license in 2022. Business is not operating currently but property is turnkey and ready to start serving immediately for the right Buyer. . Real Estate consists of 3 +/- acres, 11,761 sq ft of which is a corner lot including improvement and 60 +/- linear feet on US 1, with Signage and centrally located in Marathon's main commerce bubble. The remaining 2.73 acres is deemed environmentally sensitive.
Professional Office Space - The First Professional Centre 5701 Overseas Highway Units 8, 9, & 10 in Marathon. Three contiguous units (8, 9 & 10) available for sale in The First Professional Centre, a highly visible 17-unit CBS elevated complex on Overseas Highway in the heart of Marathon. Situated in a high-traffic corridor near Gulfside Village, Winn-Dixie, Publix, and Walgreens, this location offers outstanding exposure and convenience. The offering comprises 2,556 total square feet across three units at 852 sq. ft. each. Units 8 and 9 are currently configured as a combined medical office suite, while Unit 10 operates as a separate medical office with interior access to Units 8 and 9 -- providing the flexibility to function as one large, unified space if desired. While currently configured for medical use, the space is well suited for other professional office purposes. The First Professional Centre features a shared, spacious parking lot and prominent business signage along Overseas Highway for maximum roadside visibility. Professional office use only per condominium association rules.
The Premier Office in First Professional Centre! Secure the only unit in this 17-unit complex with direct Overseas Highway frontage for maximum brand exposure. Unit 1 offers 1,128 SF of versatile space--significantly larger than the standard units in the building. The professional floor plan features a welcoming reception area with a built-in desk, three spacious private offices, a convenient kitchen area, and a half bath. Surrounded by windows, the space is flooded with natural light, creating an inviting environment for clients and staff alike. Ideal for medical, legal, accounting or other professionals. Currently occupied but will be delivered vacant as of July 1st. Own the best-positioned office in Marathon today, please call for a private showing.
Waterfront motel and marina property in Marathon offered with thirteen transferable transient building rights, highway frontage, and redevelopment potential. Sea Cove is located on Overseas Highway with approximately 200 feet of US-1 frontage, more than two acres of buildable uplands, and additional bay bottom ownership. The property has a long history of marina and lodging use and includes an existing boat ramp with direct boating access. The site has historically supported motel operations, marina services, and small retail activity. The offering includes the real estate together with thirteen transferable transient building rights that allow nightly rental use within the City of Marathon, subject to zoning and City approval if relocated. Previous planning and engineering work studied redevelopment of the site as a marina focused project. Concept plans illustrate a dry boat storage structure of approximately 33,000 square feet accommodating roughly 150 dry racks together with approximately 30 wet slips. Prior discussions have also included extended dockage approaching 550 feet and potential marina services including fueling facilities, subject to required approvals. The site includes significant waterfront area together with bay bottom ownership that has historically supported dockage and marina activity. Showings by appointment only. Please do not visit the property or speak with employees without listing agent present.
Commercial Lot with a building for storage or employee housing. One full NEW bathroom connected to the sewer, 3 phase electric post with meter and 2 saltwater wells. Includes lifetime use of a dock (association owns common areas including docks. HOA fee is $800/yr) The Commercial Boat is a 43 feet Torres with a 3406 Caterpillar Motor, 800HP, twin disco transmissions, GPS, Radio, water pressure system, and an all hydraulic traps pulling system. Also included is 2,586 stone crab tags/certificates and 2,500 stone crab plastic traps (1-2 years new), 4 shipping containers (20ft each) & a working forklift. Located at Fisherman's Point. MU-M district is intended to establish areas suitable for uses which are essential to the commercial maritime industry, including sales and service of fishing equipment and supplies, seafood processing, fishing equipment manufacturer and treatment, boat storage, restaurants, retail and affordable housing residential uses.
Seller Financing possible. Commercial Mixed Use lot with seafood business, now available. Sale includes business, traps, both lobster and crab tags, 43' Torres boat and all equipment. Lot is part of the Fisherman's Pointe HOA ($800.00 annually) which includes a deeded and assigned boat slip at the newly renovated pier. Property has both water and sewer as well as a separate electric meter. The Mixed Use-Maritime (MU-M) zoning district is designed for areas essential to the commercial maritime industry, including boat storage, seafood processing, fishing equipment sales, and related retail, restaurant, and affordable housing uses. It encourages a pedestrian-oriented mix of commercial and maritime activities. The MU-M district is part of the City's broader efforts to manage water access and protect its maritime heritage.
This is a Rare opportunity to purchase a Turn-Key Highly Established Florida Keys Boat Rental Business and Marina located in the heart of Marathon Florida in Coco Plum and just minutes to Key Colony Beach. Opportunity includes a 15,500 sqft Deep Waterfront Lot that has quick unobstructed access to the Atlantic Ocean & Gulf of Mexico with Boat Dockage including 8 Slips, a well-maintained 5150 sqft Elevated Metal Building, which has just been newly painted and has 6 roll up doors including multiple that are 14 Ft High, a Fully Built Out Office Space with 1st Floor Bathroom & Laundry, a Paint Booth, Plenty of interior Storage for Boats, an Upstairs 1400 sqft Legal Dwelling, which has been Renovated and includes 1 Bed, 1 Full Bath, a Living Room & Kitchen & Impact Resistant Windows. Business is known for having one of most impressive Pristine Fleet of Rental Boats in the entire Keys including 18 Twin Engine Boats ranging in size from 25ft to 34FT in length including Many New engines. The maintenance schedule of the boats is impeccable with each Boat receiving Brand New Paint & New Upholstered Interiors with New Canvas on the T-Tops every few years, updated Electronics & they all received upgraded Twin Yamaha Motors over the last few years. There are 14 Aluminum Trailers for the Fleet, which are fully registered and road worthy. Total estimated values of all Business inventory including the Boat Fleet is almost $1.7M. You will not find any other comparable opportunity available in all of the Keys as this business has been successfully operated since 2007, has an estimated 80% of its business from repeat customers. So, if you have been looking for an opportunity to expand your Boat Rental or Marina business in the Florida Keys or if you have been dreaming about moving to the Florida Keys and owning your business, you may have just found the perfect opportunity as day 1 of ownership you are making money. Financials to be provided once NDA is fully executed.
Professional office space located in First Professional Center. Great location in the center of Marathon, FL. Clean and updated unit with a front desk, waiting room,three separated rooms and one full bathroom. Perfect for Medical, legal office and more. Easy to show. Call agents for more details. The Monthly Condo fee is $404.31.
Courtesy: Coldwell Banker Schmitt RE Co
305-743-5181
Multi-Parcel Waterfront Offering Iconic 7 Mile GrillThis rare multi-parcel package in Marathon, FL combines an iconic waterfront restaurant, residential property, development rights, and dockage. 1240 Overseas Hwy is home to the renowned 7 Mile Grill. Operating with a transferable beer and wine license, the operation serves year round breakfast, lunch and dinner. A transferable submerged land lease allows for continued use of the 129' of waterfront for boating access.The parcel carries an additional development right for a single-family home and included in the sale is an additional single-family home with 4 beds/1 bath (1230 Overseas Hwy).The US1 front exposure offers exceptional exposure.
FOR SALE OR LEASE COMMERCIAL CONDOMINIUM Suite Size: ± 4,139 SF Units are divisible and contain separate entrances • Unit 16: ± 700 SF • Unit 17: ± 3,440 SF Zoning: MU - Mixed Use Commercial Parking: 14 Spaces @ 1: 300 SF Total Building Parking: 60 Spaces Building Area: ± 17,095 SF Year Built: 1978 Property Taxes: $1,050 per year Operating Expenses: $1,781.00 per month • Fully improved medical suite adaptable for a variety of medical specialties • Multiple exam rooms, lab & diagnostic rooms, offices, conference rooms, staff and guest areas • Suitable for professional offices and retail services in a high-traffic business location • Well-maintained by current ownership • Ready for immediate operation with only cosmetic improvements or minor changes, avoiding increased material costs and permitting delays
Courtesy: Coldwell Banker Schmitt RE Co
305-743-5181
Own The Wooden Spoon Restaurant in the heart of the Florida Keys. This iconic diner is a beloved institution, serving breakfast and lunch to a steady mix of tourists and loyal locals for over 70 years. The compact footprint, efficient kitchen and competent staff turn out craveable meals that keep diners coming back to this 52-seat eatery. The continuity of operations - paired with a proven track record of daily profitability - makes this an ideal opportunity for a hands-on owner or investor seeking dependable returns. Business and real estate included in sale.
Opportunity awaits you in this unit. Directly across from the Marathon Airport and located off of US1 this unit is ready to have your personal vision applied to the space. With ample parking for clients/consumers this unit is sure to elevate your business to the next level. Adjoining Unit also offered for sale MLS#614922
RARE 100' of waterfront re-development opportunity w/ DEEP WATER DOCKAGE APPROVED! 200' HIGHWAY FRONTAGE! Huge 74,890 SQ FT site with ACTIVE Conditional Use PERMIT for 10 unit & 4 affordable staff group home units, price. 6 TDR's available plus more. No TDR's required for pure commercial use! MIXED USE ZONING - many commercial-residential possibilities, e.g.: up to 10 market rate units, higher density w/ affordable housing, or boutique HOTEL, etc. Includes 2 story raised CBS 6,128 SQ FT building that could be used in many different ways, plus 2,340 SQ FT of outdoor porches. Near Vaca Cut for easy Ocean-Bay access, near airport, SHORT-TERM RENTALS! Contact Peter for info and tour of this amazing opportunity. THE KEYS LIFESTYLE - live, work, business, family compound - do it all right here!
Courtesy: EQUITY REALTY SUNCOAST
727-343-8100
REDUCED......OVER 20 ACRE LAND AND MARINA ON OCEAN SIDE WITH FANTASTIC BUSINESS OPPORTUNITY IN MARATHON FL....Driftwood marina and storage has been in business for many years and now needs new owner to take over and replace the buildings and create new business venture and marinas and build ocean front resort hotel for visitors coming to Marathon.
Casa Mañana Shores, located in the heart of Marathon, is a developer's dream or a private owner's potential paradise. This secured gulf front estate offers 3.86 acres of land and is surrounded by an eight foot concrete wall with three gated entrances. The property boasts approximately 540 linear feet of Highway frontage and 695 linear feet of water frontage. It offers 218 feet of concrete dockage, including a cut-in protected boat slip. There is even room for a helicopter landing pad. This unique property is zoned mixed-use commercial and comes with one commercial transferable building right. It is currently a private residence with a separate garage and workshop. The 10,852 square foot mansion is solid concrete construction with concrete pilings and copper pipes. It has ten bedrooms, six and a half bathrooms, and a sauna, game room and great room. Repairs are needed, and the interior needs substantial updating. An attached partially screened enclosure holds an impressive 12 ft deep swimming pool that measures 25 x 50 ft. The garage/workshop is a separate structure with two rooms with mini split air conditioning. The existing structures could be demolished for those with a vision, leaving you with a 3.86 acre blank canvas in the center of town. Its versatile designation offers multiple possibilities for residential and/or commercial use. Over the years it has previously housed a motel with a marina, a 19-unit trailer park, and a restaurant. This property lends itself to a variety of development or rehabilitation possibilites to create the vision of your dreams!
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Marathon is located in Florida. Marathon, Florida has a population of 9,622. Marathon is more family-centric than the surrounding county with 21.39% of the households containing married families with children. The county average for households married with children is 20.65%.
The median household income in Marathon, Florida is $63,375. The median household income for the surrounding county is $73,153 compared to the national median of $69,021. The median age of people living in Marathon is 48.9 years.
The average high temperature in July is 90 degrees, with an average low temperature in January of 62.8 degrees. The average rainfall is approximately 45.1 inches per year, with 0 inches of snow per year.
