USAFLMarathonDriftwood Estates (54.0)12685 Overseas Hwy
Listing image | Image 1

12685 Overseas Hwy, Marathon, FL

House

For Sale

Listed price in listed location currency (USD).
$7,950,000

550

MLS® 621748

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $19,477
Days Active 0
Lot Size 4.28 Acres
Approx. Age 1957
MLS® Number 621748

Property Address: 12685 Overseas Hwy, Marathon, FL, 33050-3536

Average square foot calculated using Size range provided by listing agent.

Description

Excellent development opportunities on this large Mixed Use commercial waterfront parcel with 200 feet of direct US Highway 1 frontage. 2.1 +/- upland acres and 1.47 acres of owned bay bottom in Bonefish Harbor with at least 5' controlling depth and access to the Atlantic Ocean. Property had over 550 feet of dockage directly to navigable channel. The property's current use is a hotel/marina. Property conveys with 13 Transient Rights . Commercial square footage shall remain vested upon the property. Seller worked on a Development Plan for 33, 400 Steel Building as a Boathouse with potential for 200 dry boat racks. Total number of dry racks could increase as City of Marathon building height ordinance has changed (increased) since plans were drawn. Dock plans allow for multiple configurations, including 30 wet slips with boat launch zone. Other Development possilibities exist as the sight is zoned properly for varying types of use. Significant Seller Financing may be available to qualified purchasers with attractive terms and loan structures. Mixed Use is a commercial land use designation which allows for multiple development possibilities. Large commercial parcels with both US 1 and water frontage are not common and provide a considerable number of opportunities.
MLS® Number621748
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1957
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 20, 2026List Date
$7,950,000List Price
  • Commute

Commute

Starting Address
Destination Address
12685 Overseas Hwy, Marathon, FL

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