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Waterfront Commercial Property in Marathon

38 Coco Plum Drive Marathon, FL 33050

38 Coco Plum Drive, Marathon, FL, 33050
$4,950,000
For Sale
Under Contract
$4,950,000

COMMERCIAL - Marathon, FL

Property Size5,439 SF
Lot Size0.69 Acres
Price / SF$910.09
Days on Market439

Property Features for 38 Coco Plum Drive

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
MU - M - Mixed Use - Mari
Bathrooms
1
Rooms
Bathroom 1
Appliances
Refrigerator
Standard status
Active Under Contract
APN
00362930-000000
Size
5,439 SF
Lot size
0.69 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
BK 1 LT 14 COCO PLUM BEACH PB4-166 FAT DEER KEY OR580-134 OR584-174 OR2799-1322/23ORD OR2842-1508/09 OR2956-1161 OR2956
Tax Annual Amount
22621

Utilities

Water front
1

Building Details

Year built
1994
Floors in Building
1
Flooring type
Concrete
Building materials
CBS
Roof type
Concrete
Listing agency RE/MAX All Keys Real Estate
Listed by Gregory Dully · License #3420625
Added: May 9, 2025 Updated: May 21 at 8:03PM Checked: Jul 21 at 8:06PM
MLS# 614960

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This commercial property in Marathon, Florida, presents an exceptional waterfront opportunity. The property consists of five contiguous lots totaling approximately 30,000 square feet, or 0.69 acres, with 300 feet of frontage 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. The property is zoned MU-M (Multi-Use Maritime), allowing for a range of 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. The parcel IDs are 00362930, 00362940, 00362950, 00362960, and 00362970. The property offers high-exposure commercial potential in the Florida Keys.

Key Highlights

  • Prime commercial waterfront property in Marathon with 300 feet of waterfront.
  • Five contiguous lots totaling approximately 30,000 square feet.
  • MU‑M (Multi‑Use Maritime) zoning allows for diverse uses including maritime industry, retail, restaurant, and residential development.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

D & D Seafood Specialty Food Shop Stone Crab Outlet Take-out & Catering

Suggested Use

Dental Office Parking Lot & Garage Electrical Service Furniture & Home Goods Grocery & Convenience Store Cafe & Coffee Shop Skin Care Clinic Computer & Electronic Repair Veterinary Clinic Daycare Center

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

FAQs

What type of property is this?
Waterfront Land - Prime commercial property with waterfront access and mixed-use potential.
Where is this waterfront land located?
The property is located at 38 Coco Plum Drive 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 in Marathon with **300 feet of waterfront**.; Five contiguous lots totaling approximately 30,000 square feet.; MU‑M (Multi‑Use Maritime) zoning allows for diverse uses including maritime industry, retail, restaurant, and residential development.
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