5701 Overseas Highway Unit 1, Marathon, FL 33050
Freestanding-style office suite with highway frontage, reception, three private offices, and kitchen and half bath.
- Added:
- Mar 30, 2026
- Days on Market:
- 80
- Last Refresh:
- Jun 15 at 1:42 am
Property Features for 5701 Overseas Highway Unit 1
General Information
- Standard status
- Active
- Size
- 1,128 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1979
Listing agent Amy Puto License #3012615 (305) 766-1745
Listing office Coldwell Banker Schmitt Real Estate Co. (305) 766-1745
Listing date Mar 30, 2026
Source Xome
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All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Schmitt Real Estate Co.
HighLights
- Freestanding‑style office suite in First Professional Centre with direct Overseas Highway frontage for visibility
- Unit is the only secure unit in a 17‑unit complex and offers 1,128 SF of versatile space
- Office layout includes a reception area with built‑in desk, three private offices, kitchen area, and a half bath
- Central air cooling and windows surrounding the space for natural light
- Includes guest parking, off‑street parking, and parking in the common area
- Currently occupied; will be delivered vacant as of July 1st
Overview
The suite is positioned in a 17-unit complex with direct frontage on Overseas Highway, creating a highly visible address for client traffic and business branding. Unit 1 will be delivered vacant as of July 1, providing a clean transition for the next tenant or owner.
This configuration suits a range of office users seeking a focused professional footprint, including medical, legal, accounting, or other service-oriented practices that benefit from a dedicated reception and multiple private offices. With its single-suite positioning and established office layout, Unit 1 offers a straightforward fit for organizations that want a polished, ready-to-occupy workplace plan once vacant.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.8k | $30.00 |
| − Vacancy | −$5.5k | −$4.86 |
| EGI | $28.4k | $25.14 |
| − OpEx | −$7.1k | −$6.29 |
| NOI | $21.3k | $18.86 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Marathon
- County
- Monroe
- State
- Florida
- Longitude
- -81.0722242
- Latitude
- 24.7162688
