4000 Overseas Highway

Marathon, FL 33050

$2,800,000
Price
38,000 / 0.87
Lot Size / Acres

Description

This incredible elevated 38,000 sq. ft. corner property with 200 feet of Overseas Highway frontage is zoned mixed use and can accommodate numerous development opportunities. The lot is enclosed with fill, a CBS retaining wall, and topped with a CBS fence. This unique large lot provides plenty of height and space to add offices or other buildings with adequate parking area. The lot was filled and graded to provide protection from rising water levels. A 2016 Elevation Certificate showed the Flood Zone...This incredible elevated 38,000 sq. ft. corner property with 200 feet of Overseas Highway frontage is zoned mixed use and can accommodate numerous development opportunities. The lot is enclosed with fill, a CBS retaining wall, and topped with a CBS fence. This unique large lot provides plenty of height and space to add offices or other buildings with adequate parking area. The lot was filled and graded to provide protection from rising water levels. A 2016 Elevation Certificate showed the Flood Zone as AE 8 and the lowest adjacent finish grade next to the building in back of the lot to be at 8.1 ft. After Hurricane Irma in 2017 the lot had only 3 palm fronds to remove. The lot includes most of the right-of-way along Overseas Highway which helps in getting approval for a second entrance on Overseas Highway, if needed. (Contact the City of Marathon for details.) Remember commercial buildings do not require TBR's, and the City of Marathon has commercial sq. ft. space available. The 850 sq. ft. office situated toward the back of the lot should enhance any business you are planning. Added features of the office include two office spaces, break room, storage area, 1 1/2 baths, generator with 2000-gallon propane tank, handicap ramp and parking area. There is a second water meter for irrigation. Call today for a showing to see this spacious mixed-use property. Please do not walk the property without the listing agent.
  1. Listed by Pam Nada-Caley • Coldwell Banker Schmitt Real Estate Co.

Property Details for 4000 Overseas Highway

Waterfront
No
Waterfront
None
Zoning
MU - Mixed Use Commercial Mixed Use
Subdivision
Marathon Beach (49.0)
Directions
MM 49 in Marathon, FL Gulf side corner of Overseas Highway and 41st Street.

Location

Listing Courtesy of Coldwell Banker Schmitt Real Estate Co.
Add your commute
LISTING UPDATED: 05/02/2024 09:32 AM

Property Details for 4000 Overseas Highway

StatusActive
MLS #606932
Days on Market227
Taxes$6,088 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeVacant Land
Year Built-
Lot Size0.87 AC
CountyMonroe County

Location

Listing Courtesy of Coldwell Banker Schmitt Real Estate Co.
Add your commute

Virtual Tour

Building Information for 4000 Overseas Highway

Lot Size0.87 AC

Payment Calculator

$15,788 per month

30 year fixed, 7.25% Interest

Principal and Interest

$15,281

Property Taxes

$507

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4000 Overseas Highway

Summary
Location and General Information
  • Waterview: No Waterview
  • Area: 13 - 7 Mile Bridge to Sombrero Bch Rd E & W
  • Absolute Longitude: 81.087687
  • Control Depth: 0
  • Listing Board: Marathon/Lower Keys
  • Side: Bay/Gulf
  • Mile Marker: 49.0
  • Marathon Neighborhood: Old Town East (25th to Sombrero)
  • Location/Site: Cleared Site, Paved Street, Highway Frontage, Fenced, Corner Lot
  • Key/Island: Marathon
Owner
  • Owner Name: Owner of Record
Taxes and HOA Information
  • Tax Year: 2022
  • Tax Exemptions: None
  • Assoc/Misc Info: Mandatory Home Owners Asc: No
  • Assoc/Misc Info: 1st Right of Refusal: No
Property
Lot Information
  • Parcel #: 00337220-000000
  • Land Size: 1/2 - Less Than 1 AC
  • Lot Dimensions: 200' x 190'
Property and Assessments
  • Survey Available: Yes
  • Miscellaneous Info: Mobile Home Lot: No
  • Legal: BK 2 LTS 6,7 & 8 MARATHON BEACH PB2-21
  • MLS Approved: Y
  • Bank Owned: No
  • Limited Representation: No
  • Flood Zone: AE 8
  • Deed Restrictions: Unknown
  • Picture Count: 20
  • Document Count: 1
  • Title: Title Ins - Buyer
Utilities
  • Existing Utilities: Electric on Site, Water Meter, Water Line, Sewer
Interior and Exterior Features
Exterior Features
  • Dockage: None

Property History for 4000 Overseas Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4000 Overseas Highway

Taxable ValueLand$457,653Additions$123,036Total$580,689
Tax Record2023$5,986 ($499 / month)
Home Facts
Total Finished SqFt840 SqFtAbove Grade Finished SqFt840 SqFtStories1Lot Size38,000 SqFtStyleLight IndustrialYear Built2016CountyMONROEAPN00337220-000000

Schools near 4000 Overseas Highway

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Charter - PK to 5
Charter - PK to 8
Rating
School
Distance
Stanley Switlik Elementary School
PublicPK to 5

Marathon School
Public6 to 12

Big Pine Academy
CharterPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4000 Overseas Highway is a 0.87 ac of land for sale in Marathon, FL 33050. This property was listed for sale on October 7, 2023 by Coldwell Banker Schmitt Real Estate Co., it's currently listed at $2,800,000. This listing's school district is Monroe. Nearby schools include Stanley Switlik Elementary School, Marathon School and Big Pine Academy. 4000 Overseas Highway is a 0-bed, 0-bath, 0.87 ac of land on a 38,000 sq. ft. / 0.87 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Schmitt Real Estate Co.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.