7070 Overseas Highway Marathon, FL 33050
Mixed-use property with commercial space and residential rental units.
Property Features for 7070 Overseas Highway
General Information
- Standard status
- Active
- Size
- 4,168 SF
- Property subtype
- Land
Building Details
- Year Built
- 1954
Listing office Coldwell Banker Schmitt Real Estate Co.
Listing date May 23, 2026
Source Crexi
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 Coldwell Banker Schmitt Real Estate Co.
Investment Insights
Based on property information with market context.
Key Highlights
- Prime Overseas Highway location in Marathon with outstanding visibility.
- Mixed‑use zoning allows for a wide range of business ventures, income‑producing opportunities, or redevelopment.
- Three residential rental units on the second floor provide immediate revenue.
Local Financial Insights For Apartment 5plus
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 | $126.0k | $30.24 |
| − Vacancy | −$8.4k | −$2.03 |
| EGI | $117.6k | $28.21 |
| − OpEx | −$52.9k | −$12.70 |
| NOI | $64.7k | $15.52 |
