
Commercial Land for Sale in Marathon, Florida
57478 Overseas Hwy, Marathon, FL 33050
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
- County
- Monroe County
- Community
- Crains Sub (58.0)
Property details
- Zoning
- MU - Mixed Use Commercial Mixed Use
- MLS #
- FLKEYSMLS 618926
- Posted
Property taxes
- 2025
- $6,342
Parcels
- 00374660000000
Legal description
Bk 58 Lt 11 Crains Subd Pb1-51 Of Grassy Key Or135-95-96 Or407-765-768 Or475-436-438 Or683-887 Or685-713 Or908-1005 Or15
Details and features
Listing
- Type
- Land
Lot
- View
- Ocean, Water
- Waterfront
- Oceanfront, Waterfront
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 5, 2026 | New listing | $11,500,000 | — | FLKEYSMLS |













































