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Waterfront Marina Property
For Sale
$8,750,000

12685 Overseas Highway, Marathon, FL 33050

Marina-oriented waterfront property with an existing boat ramp, highway frontage, and transferable transient building rights.

Property SizeContact for details
Days on Market45

Property Features for 12685 Overseas Highway

General Information

Standard status Active
Zoning MU - Mixed Use Commercial Mixed Use

Taxes and HOA fees

Annual Taxes $19,477

Building Details

Year Built 1957
Buildings 4
Stories 1
Listing Agency: Keys Ocean Realty Inc.
Listed By: April Struhs
Source: Floridakeyssearch.idxbroker
Added: Jul 18 Changed: Aug 29 Last Checked: Aug 31 at 12:36PM

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 Keys Ocean Realty Inc.

Investment Insights

Based on property information with market context.

This waterfront marina property includes an existing boat ramp with direct boating access, substantial waterfront area, and bay bottom ownership associated with historic dockage and marina activity. The property has supported marina services, motel operations, and small retail activity, with parking also present. Thirteen transferable transient building rights are included and may support nightly rental use within the City of Marathon, subject to zoning and City approval if relocated.

The site is positioned along Overseas Highway with approximately 200 feet of US-1 frontage and more than two acres of buildable uplands. Prior planning and engineering work examined a marina-focused redevelopment concept featuring approximately 33,000 square feet of dry boat storage, roughly 150 dry racks, and approximately 30 wet slips. Earlier discussions also contemplated extended dockage approaching 550 feet and potential fueling facilities, subject to required approvals.

Key Highlights

  • Thirteen transferable transient building rights included
  • Approximately 200 feet of US‑1 frontage
  • More than two acres of buildable uplands

Property Analytics

Current Use

Sea Cove Resort ... Hotel & Motel

Suggested Use

Top Pick Dental Office Parking Lot & Garage Electrical Service Furniture & Home Goods Grocery & Convenience Store Skin Care Clinic

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

225
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?
Marina - Marina-oriented waterfront property with an existing boat ramp, highway frontage, and transferable transient building rights.
Where is this marina located?
The property is located at 12685 Overseas Highway Marathon, FL.
What is the asking price?
The asking price for this property is $8,750,000.
What are key features of this property?
This property features: Thirteen transferable transient building rights included; Approximately 200 feet of US‑1 frontage; More than two acres of buildable uplands
More about this property
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