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Waterfront Commercial Property in Marathon
For Sale
$4,950,000

38 Coco Plum Dr, Marathon, FL 33050

Versatile waterfront property with mixed-use potential in the Florida Keys.

Property SizeContact for details
Lot Size0.69 Acres
Days on Market487

Property Features for 38 Coco Plum Dr

General Information

Standard status Active
Lot size 0.69 Acres

Taxes and HOA fees

Annual Taxes $22,621
Listing Agency: RE/MAX All Keys Real Estate
Listed By: Curtis Skomp · License #263500131
Source: Exprealty
Added: May 9, 2025 Changed: Sep 6 Last Checked: Sep 6 at 8:39AM

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 RE/MAX All Keys Real Estate

Investment Insights

Based on property information with market context.

This commercial waterfront property is located in Marathon and comprises five contiguous lots, totaling approximately 30,000 square feet. It features 300 feet of frontage on Coco Plum Dr and 300 feet of waterfront. The property includes 18 boat slips with a control depth of approximately 5 feet, providing maritime access. Zoned MU-M (Multi-Use Maritime), the property allows for various uses, including maritime industry operations such as fishing equipment sales and service, seafood processing, marine-related manufacturing, and boat storage. Additional permitted uses include retail, restaurant, affordable housing, and residential development. Parcel IDs include: 00362930, 00362940, 00362950, 00362960, and 00362970. The seller will provide a list of personal property included in the sale, including furniture, fixtures, and equipment. This property offers high-exposure commercial space with extensive waterfront and mixed-use potential.

Key Highlights

  • Prime commercial waterfront property with 300 feet of waterfront in Marathon.
  • Five contiguous lots totaling approximately 30,000 square feet.
  • MU‑M (Multi‑Use Maritime) zoning allows for a broad range of uses including maritime industry, retail, restaurant, and residential development.

Property Analytics

Current Use

D & D Seafood Specialty Food Shop Stone Crab Outlet Take-out & Catering

Suggested Use

Top Pick Dental Office Parking Lot & Garage Electrical Service Furniture & Home Goods Grocery & Convenience Store Cafe & Coffee Shop

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

218
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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Marina - Versatile waterfront property with mixed-use potential in the Florida Keys.
Where is this marina located?
The property is located at 38 Coco Plum Dr Marathon, FL.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: Prime commercial waterfront property with **300 feet of waterfront in Marathon.**; Five contiguous lots totaling approximately 30,000 square feet.; MU‑M (Multi‑Use Maritime) zoning allows for a broad range of uses including maritime industry, retail, restaurant, and residential development.
More about this property
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