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Waterfront Marina Property
For Sale
Under Contract
$4,950,000

38 Coco Plum Drive, Marathon, FL 33050

COMMERCIAL - Marathon, FL

Property Size5,439 SF
Lot Size0.69 Acres
Price / SF$910.09
Days on Market471

Property Features for 38 Coco Plum Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning MU - M - Mixed Use - Mari
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Appliances Refrigerator
Subdivision Coco Plum Beach (54.5)
View Water
Directions Rt1/ Overseas Hwy to Coco Plum
Standard status Active Under Contract
APN 00362930-000000
Size 5,439 SF
Lot size 0.69 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description BK 1 LT 14 COCO PLUM BEACH PB4-166 FAT DEER KEY OR580-134 OR584-174 OR2799-1322/23ORD OR2842-1508/09 OR2956-1161 OR2956
Tax Annual Amount 22621
Legal Description BK 1 LT 14 COCO PLUM BEACH PB4-166 FAT DEER KEY OR580-134 OR584-174 OR2799-1322/23ORD OR2842-1508/09 OR2956-1161 OR2956

Utilities

Water front 1

Building Details

Year built 1994
Floors in Building 1
Flooring type Concrete
Building materials CBS
Roof type Concrete
Listing Agency: RE/MAX All Keys Real Estate
Listed By: Gregory Dully · License #3420625
Added: May 9, 2025 Changed: Aug 4 Last Checked: Aug 22 at 11:06PM
MLS# 614960

Copyright © 2026 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This marina-oriented commercial property combines five contiguous lots with a 5,439-square-foot improvement constructed in 1994. The site totals approximately 30,000 square feet, includes 18 boat slips, and offers a control depth of approximately 5 feet. The building features CBS construction, concrete flooring, a concrete roof, and one bathroom, with a refrigerator included among the appliances.

Located at 38 Coco Plum Drive in Marathon, the property provides 300 feet of road frontage and 300 feet along the waterfront. MU-M (Multi-Use Maritime) zoning supports maritime operations such as fishing equipment sales and service, seafood processing, marine-related manufacturing, and boat storage. The stated zoning also permits retail, restaurant, affordable housing, and residential development.

Key Highlights

  • Five contiguous lots totaling approximately 30,000 square feet
  • 300' on Coco Plum Dr and 300 feet of waterfront
  • 18 boat slips with approximately 5 feet of control depth

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Marina - Five contiguous lots provide mixed-use maritime zoning, boat slips, and direct access to the waterfront.
Where is this marina located?
The property is located at 38 Coco Plum Drive 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: Five contiguous lots totaling approximately 30,000 square feet; 300' on Coco Plum Dr and 300 feet of waterfront; 18 boat slips with approximately 5 feet of control depth
More about this property
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