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Commercial Land for Sale in Marathon, Florida

57478 Overseas Hwy, Marathon, FL 33050

$11,500,000
Active
ago
Est $78,052/mo

Rare oceanfront development opportunity in the heart of the Florida Keys.Encompassing nearly 6 acres of pristine oceanfront land in Grassy Key, this exceptional parcel presents an ideal canvas for developers seeking to create luxury residential units with direct oceanfront and beach access.Surrounded by unspoiled natural beauty and tranquil beaches, the property offers immediate proximity to shopping, fine dining, spas, marinas, and world-class boating. Residents will enjoy unparalleled access to deep-sea fishing, scuba diving, snorkeling, and vibrant coral reefs, all set against the backdrop of the Keys' iconic turquoise waters.Located in Marathon, often referred to as the Heart of the Florida Keys, the site benefits from a highly desirable central Keys location, conveniently positioned between the Upper Keysa''such as Islamoradaa''and the Lower Keys, including Key West. Marathon is known for its rich maritime history, local airport, and accessibility, serving as a central hub comprising islands such as Vaca Key, Duck Key, and Grassy Key.A truly rare offering combining scale, location, and oceanfront presencea''an exceptional opportunity to develop a legacy project in one of Florida's most coveted coastal destinations.Please read the broker's remarks for detailed information on this offering.

Location

Street address
57478 Overseas Hwy
Community
Crains Sub (58.0)
Coordinates
24.7529, -80.9631

Property details

Zoning
MU - Mixed Use Commercial Mixed Use
MLS #
FLKEYSMLS 618926
Posted

Property taxes

2025
$6,342

Parcels

  • 00374660000000

Legal description

Details and features

Listing

Type
Land

Lot

View
Ocean, Water
Waterfront
Oceanfront, Waterfront

Listing history

DateEventPriceChangeSource
Mar 5, 2026New listing$11,500,000FLKEYSMLS
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This property is located at 57478 Overseas Hwy in Marathon, FL 33050. The property is available for sale for $11,500,000.

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