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    6495 Overseas Hwy Marathon, FL 33050

    For Sale
    $175,000

    1.03 acre corner lot with former restaurant.

    Property size:
    3,000 SF

    Property Features for 6495 Overseas Hwy

    General Information

    Size
    3,000 SF

    Building Details

    Year built
    1972

    Source: Joseph Gallaher Agent Joseph Gallaher

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Overseas Highway Commercial Property

    This commercial property features a 1.03-acre (45,000 SF) corner lot situated on Overseas Highway, benefiting from a daily traffic count of 30,500 cars. Located in the center of Marathon and adjacent to Marathon International Airport, the property includes a 3,088-SF former restaurant. It offers ample parking space and has 230 feet of frontage on Overseas Highway. The leasing rate is $175,000 per year.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

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

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

    Similar Places Nearby

    Clouds in my Coffee Catering/Private Chef/The Table

    Location Insight

    • Map
    • Local Demand
    City
    Marathon
    County
    Monroe
    State
    Florida
    Longitude
    -81.0675846
    Latitude
    24.7179412

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    FAQs

    What type of property is this?
    Restaurant - 1.03 acre corner lot with former restaurant.
    Where is this restaurant located?
    The property is located at 6495 Overseas Hwy Marathon, FL.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - High traffic location: 30,500 cars per day on Overseas Highway.; - Large 1.03-acre corner lot with ample parking.; - Prime central location in Marathon.
    (786) 533-1246
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    6495 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
    6495 Overseas Hwy Marathon, FL 33050
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