Oceanfront Land Development
For Sale
$7,000,000
57478 Overseas Highway, Marathon, FL 33050
LAND - Marathon, FL
Property SizeContact for details
Lot Size2.37 Acres
Days on Market193
Property Features for 57478 Overseas Highway
General Information
Property type
Land
Property subtype
Other
Zoning
MU - Mixed Use Commercial
Subdivision
Crains Sub (58.0)
View
Ocean, Water
Directions
HAVE ACCESS TO AVAILABLE BUILDING RIGHTS., PLEASE CALL FOR MORE INFORMATION.
Standard status
Active
APN
00374660000000
Lot size
2.37 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Bk 58 Lt 11 Crains Subd Pb1-51 Of Grassy Key Or135-95-96 Or407-765-768 Or475-436-438 Or683-887 Or685-713 Or908-1005 Or15
Tax Annual Amount
6342
Legal Description
Bk 58 Lt 11 Crains Subd Pb1-51 Of Grassy Key Or135-95-96 Or407-765-768 Or475-436-438 Or683-887 Or685-713 Or908-1005 Or15
Utilities
Water front features
Ocean Front
Water front
1
Listing Agency:
Compass Florida - Miami Beach
(305) 851-2820
Listed By:
Iliana Abella · License #519307
(305) 505-0488
Added: Feb 10
Changed: Aug 4
Last Checked: Aug 22 at 2:06PM
MLS# 618926
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 offering is for oceanfront waterfront land in Marathon, Florida, with a recorded lot size of 2.37 acres. The property is presented as a development canvas, with direct oceanfront and beach access described in the broker’s remarks. It is zoned MU – Mixed Use Commercial, supporting mixed-use development planning for qualified buyers and operators.
The parcel is located on Grassy Key within the Marathon area of the Florida Keys. The broker’s remarks describe proximity to shopping, fine dining, spas, marinas, and boating opportunities, along with access to water-oriented recreation such as deep-sea fishing, scuba diving, snorkeling, and nearby coral reef experiences.
This is being marketed as a United States Bankruptcy Auction asset. The broker’s remarks state that the listing price is for MLS purposes only and that the actual price will be determined at auction. Pre-auction stalking horse bids are being accepted, with a stalking horse bid deadline of Monday, July 27, 2026 at 5:00 PM EDT. Interested parties should review the broker’s remarks and auction terms for bid requirements and timelines.
The parcel is located on Grassy Key within the Marathon area of the Florida Keys. The broker’s remarks describe proximity to shopping, fine dining, spas, marinas, and boating opportunities, along with access to water-oriented recreation such as deep-sea fishing, scuba diving, snorkeling, and nearby coral reef experiences.
This is being marketed as a United States Bankruptcy Auction asset. The broker’s remarks state that the listing price is for MLS purposes only and that the actual price will be determined at auction. Pre-auction stalking horse bids are being accepted, with a stalking horse bid deadline of Monday, July 27, 2026 at 5:00 PM EDT. Interested parties should review the broker’s remarks and auction terms for bid requirements and timelines.
Key Highlights
- Ocean‑front property with ocean‑front waterfront features
- Nearly 6 acres of oceanfront land on Grassy Key
- Bankruptcy auction—listing price is for MLS purposes only; actual price set at auction
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
Explore this area
Business Placement
Demographics for 33050, FL
10,479
Population
7,314
Households
1.4
Avg Household Size
50
Median Age
34%
College-Educated
90%
High-School Grad
9.1 sq mi
ZIP Area
1,152
Density / Sq Mi
$83,243
Median Household Income
$40,006
Median Earnings
$1,611
Median Rent
$705,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Waterfront mixed-use land in Marathon on 2.37 acres, offered via a U.S. Bankruptcy Auction process.
Where is this waterfront land located?
The property is located at 57478 Overseas Highway Marathon, FL.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: Ocean‑front property with ocean‑front waterfront features; Nearly 6 acres of oceanfront land on Grassy Key; Bankruptcy auction—listing price is for MLS purposes only; actual price set at auction
