1240 Overseas Highway, Marathon, Florida 33050
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$3,300,000 USD

Commercial for Sale, 1240 Overseas Highway, Marathon, Florida 33050

  • MLS#R11132930

Listed By Coldwell Banker Schmitt RE Co

The Commercial Property for Sale located at 1240 Overseas Highway, Marathon, Florida 33050 is currently for sale. 1240 Overseas Highway, Marathon, Florida 33050 is listed for $3,300,000.

Date Updated : Mar 31, 2026
Elizabeth Jolin
Coldwell Banker Schmitt RE Co

Property features

Construction

  • Year built: 1976
  • Construction: FrameCbs Construction

Interior Features

  • Floors: VinylConcrete

Security

  • Features: Sprinkler SystemFire AlarmSmoke Detector

Heating and Cooling

  • Cooling system: Central AC

Utilities

  • Other utilities: PublicPublic Sewer

Description

Multi-Parcel Waterfront Offering Iconic 7 Mile Grill

This rare multi-parcel package in Marathon, FL combines an iconic waterfront restaurant, residential property, development rights, and dockage.

1240 Overseas Hwy is home to the renowned 7 Mile Grill. Operating with a transferable beer and wine license, the operation serves year round breakfast, lunch and dinner.

A transferable submerged land lease allows for continued use of the 129' of waterfront for boating access.

The parcel carries an additional development right for a single-family home and included in the sale is an additional single-family home with 4 beds/1 bath (1230 Overseas Hwy).

The US1 front exposure offers exceptional exposure.

Location

1240 Overseas Highway, Marathon, Florida 33050

1240 Overseas Highway, Marathon, Florida 33050