Skip to main contentSkip to navigation
1 / 23
Images
Map
Street

Mixed-Use Land for Sale in Marathon, Florida

8700 Overseas Hwy, Marathon, FL 33050

$6,900,000
1.67 acres
Active
ago
Est $48,008/mo

Seller is calling for offers...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, four bedroom, there and a half bathrooms, 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.

Location

Street address
8700 Overseas Hwy
Community
Misc Marathon East O (52.0)
Elevation
3 feet
Coordinates
24.7229, -81.0528

Directions

US #1 to 87th or 88th Street to the end.

Property details

Acreage
1.67 acres
Zoning
MU - Mixed Use Commercial Mixed Use
MLS #
MLKAR 613755
Posted

Property taxes

2024
$10,957

Parcels

  • 00101050-000100

Legal description

Resources

Details and features

Listing

Type
Commercial Sale
Franchise
Sotheby's International Realty

Lot

View
Ocean, Water
Waterfront
Canal Front, Oceanfront, Waterfront

Exterior

Parking
Covered

Structure

Materials
Concrete
Roof
Metal

Interior

Flooring
Tile
Appliances
Dishwasher, Washer

Listing history

DateEventPriceChangeSource
Jan 1, 2026New listing$6,900,000MLKAR
Subscribe to listing updates

Payment calculator

This 1.67-acre property is located at 8700 Overseas Hwy in Marathon, FL 33050. The property is available for sale for $6,900,000 with a price per acre of $4,131,737.

Checked 2 hours ago — Updated

Report listing issue

Copyright (C) 2026 Marathon and Lower Keys Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Message rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact