Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    12350 Overseas Hwy Marathon, FL 33050

    For Sale
    $700,000

    High-traffic location, versatile commercial lot.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 8,091 square foot commercial property is ideally situated on US Highway 1 in Marathon, Florida, offering unparalleled visibility and accessibility. The property boasts significant highway frontage, ensuring maximum exposure for any business. Included is a double-sided billboard generating a consistent monthly income of $2,000. The existing 1,784 square foot building is currently used as a residence, presenting a unique opportunity for conversion to a variety of commercial uses. The mixed-use zoning allows for diverse business ventures, making this property exceptionally versatile. Ample space for outside storage is also available, adding to the property's functionality. This prime location in a thriving area offers significant potential for growth and return on investment. The combination of high traffic, income-producing billboard, and flexible zoning makes this a truly exceptional commercial opportunity. Don't miss the chance to acquire this strategically located property with its substantial income stream and significant development potential. Serious inquiries only.

    Property Features for 12350 Overseas Hwy

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1939
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Realty agency Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Marathon
    County
    Monroe
    State
    Florida
    Longitude
    -81.02527
    Latitude
    24.73154

    Nearby Similar for Sale

    • $3,599,000

      Waterfront Redevelopment Opportunity in Marathon

      Rare waterfront property with deep water dockage and redevelopment potential.
      14 125Th Street Gulf, Marathon, FL 33050
      View Details
    • $3,599,000

      Waterfront Redevelopment Opportunity with Dockage

      Rare waterfront redevelopment opportunity with deep water dockage and highway frontage.
      14 125Th Street Gulf, Marathon, FL 33050
      View Details
    • $11,000,000

      Waterfront Residences: Luxury & Income

      Three designer homes with income potential near Coco Plum Beach.
      2394 Coco Plum Dr, Marathon, FL 33050
      View Details
    • $1,099,000
      1,512 SF

      Waterfront Duplex in Marathon, Florida

      Duplex with canal access, ideal for rental income or residence.
      4901/4903 49 St, Marathon, FL 33050
      View Details
    • $899,950
      2,704 SF

      Conch Key Duplex with Gulf Views

      Large duplex in Conch Key with strong rental income potential.
      82 N Conch Ave, Marathon, FL 33050
      View Details
    • $2,999,000

      Conch Key Fish House Property

      Fish house with blast freezer and dockage for 14 boats.
      15 Sea View Ave, Marathon, FL 33050
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, versatile commercial lot.
    Where is this commercial real estate located?
    The property is located at 12350 Overseas Hwy Marathon, FL.
    What is the asking price?
    The asking price for this property is $700,000.
    (305) 743-5181
    Request Owner's contact information
    12350 Overseas Hwy Marathon, FL 33050
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12350 Overseas Hwy
    Marathon, FL 33050
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    12350 Overseas Hwy Marathon, FL 33050
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.