2 Baths
2,192 SqFt
2 Baths
2,192 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,192 sqft
Price per Sqft $1,505
MLS Listing ID R11132930
HOA Y/N No
Year Built 1976
Annual Tax Amount $12,445
Tax Year 2024
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Mixed Use
Property Description
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
State FL
County Monroe
Area 5940 - Other Florida County
Zoning MU
Interior
Interior Features InteriorFeatures
Heating Other
Cooling Central Air, Other
Flooring Concrete, Vinyl
Fireplace No
Exterior
Water Access Desc Public
Roof Type Aluminum
Building
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block,Frame
Others
Tax ID 00101720000000
Security Features Security System,Fire Alarm,Fire Sprinkler System,Smoke Detector(s)
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Corporate Listing
Virtual Tour https://www.propertypanorama.com/1240-Overseas-Highway-Marathon-FL-33050/unbranded
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