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Oceanfront Development Land
For Sale
$10,500,000

57478 Overseas Highway #0, Marathon, FL 33050

Nearly 6 acres of oceanfront land positioned for direct beach access and residential development in the Florida Keys.

Property SizeContact for details
Lot Size6.00 Acres
Days on Market47

Property Features for 57478 Overseas Highway #0

General Information

Standard status Active
Lot size 6.00 Acres
Property subtype Lot & Land
Zoning MU - Mixed Use Commercial Mixed Use

Taxes and HOA fees

Annual Taxes $6,342
Listing Agency: Compass Florida - Miami Beach
Listed By: Iliana Abella · License #0519307
Source: Laerrealty
Added: Jul 7 Changed: Aug 8 Last Checked: Jul 7 at 8:26AM

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 - Miami Beach

Investment Insights

Based on property information with market context.

This offering presents nearly 6 acres of oceanfront land in Grassy Key, with the property described as providing direct oceanfront and beach access. The parcel is presented as a development canvas for creating luxury residential units, with the site characterized by surrounding natural setting and coastal views.

The property is located at 57478 Overseas Highway in Marathon, Florida, and the public remarks describe it as being in the heart of the Florida Keys. The remarks also note the property’s central Keys positioning between the Upper Keys (including Islamorada) and the Lower Keys (including Key West), along with nearby access to maritime amenities referenced as shopping, fine dining, spas, and marinas.

For developers, this land package is being marketed as a scaled oceanfront opportunity for residential project planning in Marathon/Grassy Key. The public remarks further indicate proximity to recreational boating and activities such as deep-sea fishing, scuba diving, snorkeling, and coral reefs. Prospective purchasers should review the offering details to confirm development feasibility and any permitting requirements tied to the intended residential use on the oceanfront site.

Key Highlights

  • Nearly 6 acres of oceanfront land in Grassy Key, Florida Keys.
  • Direct oceanfront and beach access, positioned for residential development.
  • Located in Marathon, on central Florida Keys islands including Vaca Key, Duck Key, and Grassy Key.

Property Analytics

Current Use

Howard and Lily Leitner ... Real Estate Agency Florida Keys International ... Real Estate Agency

Suggested Use

Top Pick Accounting Firm Real Estate Agency Restaurant Department Store Bed & Breakfast Hotel & Motel

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

26
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 positioned for direct beach access and residential development in the Florida Keys.
Where is this waterfront land located?
The property is located at 57478 Overseas Highway #0 Marathon, FL.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: Nearly 6 acres of oceanfront land in Grassy Key, Florida Keys.; Direct oceanfront and beach access, positioned for residential development.; Located in Marathon, on central Florida Keys islands including Vaca Key, Duck Key, and Grassy Key.
More about this property
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