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    7007 Overseas Hwy Marathon, FL 33050

    For Sale
    $1,850,000

    Restaurant - Marathon, FL

    Days on Market:
    116
    Last Refresh:
    Dec 8 at 12:06 pm

    Property Features for 7007 Overseas Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MU - Mixed Use Commercial Mixed Use
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    00338700-000100
    Appliances
    Dishwasher, Range, Refrigerator, Washer

    Building Details

    Year built
    1967
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Concrete, Other, Tile
    Architectural style
    Other

    Coldwell Banker Schmitt Islamorada (305) 664-4470

    Listing agent Elizabeth Jolin (305) 664-4470 License #3502927

    Listing date Aug 15, 2025

    MLS# 616165 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

    Iconic Restaurant in Florida Keys

    The Wooden Spoon Restaurant, a 52-seat diner in the heart of the Florida Keys, is available for purchase. This iconic establishment has been serving breakfast and lunch for over 70 years, attracting both tourists and local patrons. The restaurant features a compact footprint and an efficient kitchen. The sale includes both the business and the real estate. This presents an opportunity for a hands-on owner or investor seeking dependable returns, supported by a proven track record of daily profitability.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wooden Spoon Breakfast Restaurant

    Suggested Use

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

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

    Similar Places Nearby

    FarmASea Charcuterie Boards

    Location Insight

    • Map
    • Local Demand
    City
    Marathon
    County
    Monroe
    State
    Florida
    Longitude
    -81.063931
    Latitude
    24.71913

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    FAQs

    What type of property is this?
    Restaurant - Profitable, established restaurant for sale in the Florida Keys.
    Where is this restaurant located?
    The property is located at 7007 Overseas Hwy Marathon, FL.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: - Iconic restaurant, The Wooden Spoon, in the heart of the Florida Keys.; - Business and real estate included in the sale.; - Proven track record of daily profitability.
    (305) 664-4470
    Request Owner's contact information
    7007 Overseas Hwy 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
    7007 Overseas Hwy Marathon, FL 33050
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