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Renovated Office Building in Marathon
For Lease
$7.20 SF/Yr

10045 Overseas Hwy, Marathon, FL 33050

14,000 SF Office Building, Multiple Suites Available

Space Size10,288 SF
Days on Market187

Property Features for 10045 Overseas Hwy

General Information

Standard status Active
Property type Office Spaces
Size 10,288 SF
Class A
Elevators N/A
Lease Type Gross
Rate Type Yearly

Building Details

Year Built 1991
Year Renovated 2023
Buildings 1
Stories 2
Listing Agency:
Listed By: Greg
Added: Feb 16

Investment Insights

Based on property information with market context.

This Class A office building, located in Marathon, Florida, offers a variety of spaces suitable for traditional, executive, or medical office uses. The single-story building contains twelve suites, ranging from 1,000 square feet to a maximum contiguous space of 5,000 square feet. Renovated in 2023, the property features new hurricane-resistant doors and windows throughout. A modern security camera system is in place, and ample parking is available with 59 spaces. The building also features a handicap-accessible elevator and new electrical meters. The property has high visibility on US-1 with a 10x10 foot illuminated sign. Situated on a 49,651 square foot lot, the building is zoned for mixed use. Built in 1982, this 14,000 square foot office building is located at 10045 Overseas Hwy.

Key Highlights

  • 14,000 SF Class A office building in Marathon, FL (33050), located at 10045 Overseas Hwy.
  • Twelve suites ranging from 1,000 to 5,000 contiguous SF.
  • Completely renovated in 2023 with new hurricane‑resistant doors and windows, modern security system, and ample parking (59 spaces).

Property Analytics

Current Use

Office Spaces

Suggested Use

Top Pick Dental Office Parking Lot & Garage Auto Parts Store Hair Salon Auto Repair Shop (Bike/Boat/Book/etc) Store

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

Lease Details

NNN (Triple Net)
Lease Type
$1.08 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

309
Businesses Nearby
Under-served
Demand for This Use

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

Market

Lease Benchmarks for Marathon, FL

$18.16 /SF/Yr
Avg Asking Price
$7.2–$25.01 /SF/Yr
Price Range
3,505 SF
Avg Space Size

This space is priced 60% below the average of $18.16 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Similar Off Market Nearby

  • Keys Computer Specialist, Inc 7601 overseas hwy, marathon, fl 33050

Frequently Asked Questions

What type of property is this?
Office space - 14,000 SF Office Building, Multiple Suites Available
Where is this office space located?
The property is located at 10045 Overseas Hwy Marathon, FL.
What is the lease rate?
The lease rate is $7.20 SF/Yr.
What are key features of this property?
This property features: 14,000 SF Class A office building in Marathon, FL (33050), located at 10045 Overseas Hwy.; Twelve suites ranging from 1,000 to 5,000 contiguous SF.; Completely renovated in 2023 with new hurricane‑resistant doors and windows, modern security system, and ample parking (59 spaces).
More about this property
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