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    38 Coco Plum Dr Marathon, FL 33050

    New
    For Sale
    $4,950,000

    Marina,Other Services,Boat Sales/Service,Boat Care - Marathon, FL

    Days on Market:
    5
    Last Refresh:
    Dec 9 at 7:06 pm

    Property Features for 38 Coco Plum Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MU - M - Mixed Use - Maritime
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    00362930-000000
    Appliances
    Refrigerator

    Building Details

    Year built
    1994
    Floors in Building
    1
    Flooring type
    Concrete
    Roof type
    Concrete
    Architectural style
    Other

    RE/MAX All Keys Real Estate (305) 451-0060

    Listing agent Gregory Dully (305) 451-0060 License #3420625

    Listing date Dec 5, 2025

    MLS# 614960 Listing URL

    Copyright © 2025 Florida Keys Board 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.

    Overview

    Waterfront Property with Mixed-Use Zoning

    This commercial waterfront property is located in Marathon, Florida. The property consists of five contiguous lots totaling approximately 30,000 square feet, with 300 feet on Coco Plum Dr and 300 feet of waterfront. It includes 18 boat slips with a control depth of approximately 5 feet, offering maritime access and functionality. The property is zoned MU-M (Multi-Use Maritime), allowing for various uses, including maritime industry operations such as fishing equipment sales and service, seafood processing, marine-related manufacturing, and boat storage. Additional permitted uses include retail, restaurant, affordable housing, and residential development. Parcel IDs include: 00362930, 00362940, 00362950, 00362960, and 00362970. The seller will provide a complete list of all personal property included in the sale, including major furniture, fixtures, and equipment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    D & D Seafood Seafood Market Stone Crab Outlet Seafood Wholesaler

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marathon
    County
    Monroe
    State
    Florida
    Longitude
    -81.013077
    Latitude
    24.73215

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    FAQs

    What type of property is this?
    Marina - Commercial waterfront property in Marathon, Florida, with versatile mixed-use zoning.
    Where is this marina located?
    The property is located at 38 Coco Plum Dr Marathon, FL.
    What is the asking price?
    The asking price for this property is $4,950,000.
    What are key features of this property?
    This property features: - Prime commercial waterfront property with **300 feet of waterfront** in Marathon, Florida Keys.; - Five contiguous lots totaling approximately 30,000 square feet with high exposure on Coco Plum Dr.; - MU-M (Multi-Use Maritime) zoning allows for diverse uses including maritime industry, retail, restaurant, affordable housing, and residential development.
    (305) 451-0060
    Request Owner's contact information
    38 Coco Plum Dr Marathon, FL 33050
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    Marathon, FL 33050
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    38 Coco Plum Dr Marathon, FL 33050
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