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5994 Overseas Hwy
Marathon, FL 33050
Land For Sale
·
0.56 AC
INVESTMENT HIGHLIGHTS
- 0.556±AC Site with Excellent Visibility in High Barrier-to-Entry Market
- Recently Cleared Lot for Build-to-Suit or Ground-Lease Development
- Well Situated Adjacent to a Shopping Plaza with Easy Access and Dedicated Turning Lane from A1A
- Commercially Zoned with Direct Frontage to A1A/US-1 (Overseas HWY)
- Development Regulations and Limited Land Availability provide for Unique Opportunity for Market-Entry via New Construction
EXECUTIVE SUMMARY
Development regulations and limited land availability throughout the Florida Keys make this a unique opportunity for entry into the market via new construction on a well-situated parcel located in Marathon, FL and along the main thoroughfare connecting the community to the rest of the state.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Proposed Use | ||
| No. Lots | 1 | Total Lot Size | 0.56 AC |
| Property Type | Land | ||
| Zoning | MU - Mixed-Use Commercial | ||
| Sale Type | Investment |
| Sale Conditions | |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.56 AC |
| Zoning | MU - Mixed-Use Commercial |
1 LOT AVAILABLE
Lot
| Lot Size | 0.56 AC |
| Lot Size | 0.56 AC |
0.556±AC parcel of prime real estate location with excellent visibility in a high barrier-to-entry market with increased land scarcity for build-to-suit or ground-lease development.
DESCRIPTION
Prime real estate location with excellent visibility in a high barrier-to-entry market with increased land scarcity for build-to-suit or ground-lease development. Subject offering is a commercially zoned, recently cleared 0.556±AC parcel with direct frontage to FL SR A1A (Overseas HWY), which serves as the main thoroughfare for the entire FL Keys community. The site benefits from exposure to over 33K±AADT and features convenient ingress-egress access and a dedicated left-hand turning lane for eastbound traffic on A1A / US-1 / Overseas HWY.
PROPERTY TAXES
| Parcel Number | 00338240-000000 | Improvements Assessment | $0 |
| Land Assessment | $472,290 | Total Assessment | $472,290 |
PROPERTY TAXES
