Overseas Highway

7 Bedroom Real Estate has been listed for sale at 58234 Overseas Highway in Marathon for $1,950,000. Chat with a local expert, book a tour.

Marathon

Crains Sub (58.0)

58234 Overseas Highway

58234 Overseas Highway, For Sale in Marathon - eXp Realty

Unique 18, 000 sq ft ocean front parcel with 5 units. Remember how the Key used to be? Parcel shares a boat ramp with adjacent parcel, owned bay bottom and 5 units recognized by the City of Marathon. The property contains a Triplex consisting of a 2/2 apt and two 1/1 apartments: a small cottage studio with 1 bath and a mobile home with 2 beds/1.5 baths. Triplex building sits directly on the Ocean and is currently undergoing spalling repairs. The property has been a vacation rental, but the vacation rental license is currently stopped while repairs are under way. Potential buyers have several options. The current density on RM zoning allows for two units should a prospective buyer wish to demolish the existing units, rebuild two units, and sell or retain the remaining 3 Transferable Building Rights. Letter of Determination is under the Documents Tab.

58234 Overseas Highway, Marathon, FL

Real Estate

Key Facts

Similar Listings

Like what you see?