
$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.
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