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62250 Overseas Hwy - Unique Development Opportunity 2.4 Acres of Commercial Land Offered at $7,500,000 in Marathon, FL 33050
EXECUTIVE SUMMARY
Unique chance to develop a boutique hotel with 16 transient licenses on a property offering a private island feel, yet conveniently connected to US-1 via causeway. With its serene water front setting, the site presents excellent potential for also developing a small marina and restaurant, or even a high end 16 unit RV Park, making it an ideal destination for luxury travelers seeking an exclusive Keys experience.
PROPERTY FACTS
| Price | $7,500,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| Sale Condition | Redevelopment Project | Total Lot Size | 2.40 AC |
| No. Lots | 1 | No. Stories | 2 |
| Property Type | Land | ||
| Zoning | MU | ||
| Price | $7,500,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.40 AC |
| No. Stories | 2 |
| Zoning | MU |
1 LOT AVAILABLE
Lot
| Price | $7,500,000 | Lot Size | 2.40 AC |
| Price Per AC | $3,125,000.00 |
| Price | $7,500,000 |
| Price Per AC | $3,125,000.00 |
| Lot Size | 2.40 AC |
1 1
PROPERTY TAXES
| Parcel Number | 00099060-000000 | Improvements Assessment | $538,006 |
| Land Assessment | $3,303,792 | Total Assessment | $3,841,798 |
PROPERTY TAXES
Parcel Number
00099060-000000
Land Assessment
$3,303,792
Improvements Assessment
$538,006
Total Assessment
$3,841,798
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62250 Overseas Hwy - Unique Development Opportunity
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