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Oceanfront Development Land
For Sale
$7,000,000

0-57478 Overseas Hwy, Marathon, FL 33050

Nearly 6 acres of oceanfront land on Grassy Key with direct oceanfront and beach access for development.

Property SizeContact for details
Lot Size6.00 Acres
Days on Market208

Property Features for 0-57478 Overseas Hwy

General Information

Standard status Active
Lot size 6.00 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $6,342
Listing Agency: Compass Florida - Bayshore Drive
Listed By: Iliana Abella · License #0519307
Source: Exprealty
Added: Feb 10 Changed: Aug 27 Last Checked: Sep 5 at 9:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Florida - Bayshore Drive

Investment Insights

Based on property information with market context.

This offering consists of nearly 6 acres of oceanfront land on Grassy Key, presented as a development opportunity with direct oceanfront and beach access. The property is described as offering an “ideal canvas” for creating residential units, with proximity to surrounding recreational and coastal amenities.

The seller’s remarks note the site’s location in Marathon and its central Keys positioning, positioned between the Upper Keys and the Lower Keys including Key West. The information provided also highlights nearby access to shopping, fine dining, spas, marinas, and boating-related activities.

This is a United States Bankruptcy Auction property. The listing price is for MLS purposes only, and 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, as stated in the broker remarks.

Key Highlights

  • United States Bankruptcy Auction property; listing price is for MLS purposes only and actual price is determined at auction
  • Accepting pre‑auction stalking horse bids; deadline is Monday, July 27, 2026 at 5:00 PM EDT
  • Nearly 6 acres of oceanfront land on Grassy Key

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Dental Office Electrical Service Hair Salon Building Supply Furniture & Home Goods Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

252
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Nearly 6 acres of oceanfront land on Grassy Key with direct oceanfront and beach access for development.
Where is this waterfront land located?
The property is located at 0-57478 Overseas Hwy 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: United States Bankruptcy Auction property; listing price is for MLS purposes only and actual price is determined at auction; Accepting pre‑auction stalking horse bids; deadline is Monday, July 27, 2026 at 5:00 PM EDT; Nearly 6 acres of oceanfront land on Grassy Key
More about this property
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