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8700 Overseas
Marathon, FL 33050
Seaward Pointe · Land For Sale · 1.67 AC

Investment Highlights

  • Part of the EOZ (Economic Opportunity Zone)

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use Single Family Development
Total Lot Size 1.67 AC
No. Stories 2
Cross Streets US 1
Zoning RM - Residential Medium Density

Description

Attention Developers!!!....Direct oceanfront development opportunity located in the Economic Opportunity Zone in the Middle Keys. 1.67 acres with concrete seawall in place for (5) 30' dock spaces and (5) 30'-40' T-Docks are in permitting. Development agreement in place with the City of Marathon for (10) single family villas with (10) building entitlements in hand to start building today. Villas are concrete construction, 4 bedroom, 3.5 bath 2,643 sf under air, impact windows/doors/, metal roofs, open porches, roof top deck, elevator, private pools and assigned docks. This property features a protected boat basin with six lots and four oceanfront point lots with direct open ocean views and access. This rare, oceanfront parcel would make a fabulous private multi-family compound or build (10) vacation rental income producing villas and take advantage of the tax benefits from the EOZ.

Property Taxes

Property Taxes

Parcel Number
00101050-000000
Land Assessment
$4,711,341
Improvements Assessment
$5,951,048
Total Assessment
$10,662,389
  • Listing ID: 35125761

  • Date on Market: 3/13/2025

  • Last Updated:

  • Address: 8700 Overseas, Marathon, FL 33050

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