5701 Overseas Hwy 10 Marathon, FL 33050
Three contiguous office units offer flexible medical or professional office configurations within a prominent highway retail corridor.
- Added:
- Jul 7, 2026
- Days on Market:
- 7
- Last Refresh:
- Jul 8 at 4:08 am
Property Features for 5701 Overseas Hwy 10
General Information
- Standard status
- Active
- Size
- 2,556 SF
Building Details
- Year Built
- 1979
Listing office Lokation Real Estate (305) 733-0025
Listing date Jul 7, 2026
Source Laerrealty
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 Lokation Real Estate
Investment Insights
Based on property information with market context.
The property is located on Overseas Highway in Marathon, positioned in a high-traffic corridor near Gulfside Village and major retailers including Winn-Dixie, Publix, and Walgreens. The complex provides shared, spacious parking, and it features prominent business signage along Overseas Highway for roadside visibility.
Designed for professional office use, the offering is governed by condominium association rules that restrict use to professional office. With contiguous availability and optional interior connectivity between the suites, this configuration can support medical practices and other professional office operations that benefit from flexible space planning while remaining within a well-known office complex environment.
Key Highlights
- 3 contiguous professional office units (8, 9 & 10) totaling 2,556 SF in The First Professional Centre
- Units 8 and 9 are currently configured as a combined medical office suite (852 SF each)
- Unit 10 is a separate medical office (852 SF) with interior access to Units 8 & 9 for flexible use
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 | $76.7k | $30.00 |
| − Vacancy | −$12.4k | −$4.86 |
| EGI | $64.3k | $25.14 |
| − OpEx | −$16.1k | −$6.29 |
| NOI | $48.2k | $18.86 |
