1240 Overseas HWY new Save Request In-Person Tour Request Virtual Tour
Marathon,FL 33050
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,192 sqft
Price per Sqft $1,596
MLS Listing ID RX-11132930
Year Built 1976
Annual Tax Amount $12,445
Tax Year 2024
Lot Size 1.000 Acres
Property Sub-Type Mixed Use
Property Description
Multi-Parcel Waterfront Offering Iconic 7 Mile GrillThis 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
State FL
County Monroe
Area 5940
Zoning MU
Interior
Heating Other
Cooling Central,Other
Flooring Concrete,Vinyl Floor
Fireplaces Type Smoke Alarm,Smoke Detector,Sprinkler
Exterior
Community Features Corporate Owned
Utilities Available Electric,Municipal Water,Public Sewer
Waterfront Description Basin,Bay,Navigable,Seawall
Roof Type Aluminum
Present Use Corporate Owned
Building
Story 90.00
Foundation CBS,Frame
Others
Security Features Burglar Alarm
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Virtual Tour https://www.propertypanorama.com/1240-Overseas-Highway-Marathon-FL-33050/unbranded