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Industrial Land with Floor-Area Allowance
For Sale
$15,000,000

FL 33050, Marathon, FL 33050

Land, FL

Property SizeContact for details
Lot Size10.90 Acres
Days on Market94

Property Features

General Information

Property type Land
Property subtype Other
Zoning ID - Industrial District
Security features Security
View Ocean
Subdivision Monroe (999.9)
Standard status Active
Lot size 10.90 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 34078

Utilities

Water front features Pond, Ocean Front
Water front 1
Listing Agency: RE/MAX Keys Connection (KW)
Listed By: Curtis A Skomp, CCIM
Added: Jul 27 Changed: Oct 22 Last Checked: Oct 28 at 1:06AM
MLS# 620795

Copyright © 2026 Key West Association 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.

Rey
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Investment Insights

Based on property information with market context.

This industrial land offering comprises eight parcels totaling approximately 475,000 square feet, or 10.88 acres. A recent Letter of Understanding with Monroe County identifies approximately 130,000 square feet of allowable light industrial floor area. That floor area is exempt from the county’s NROGO permit allocation system when development is limited to manufacturing, assembly, wholesaling, and distribution.

The property is designated Industrial on the Monroe County Future Land Use Map, classified Tier III on the Tier Overlay Map, and identified as Developed Land. The Industrial zoning district is intended for light industrial, manufacturing, warehousing, logistics, and distribution facilities. Pond and ocean-front features are also listed for the property.

Key Highlights

  • Eight parcels totaling approximately 475,000+/- square feet (10.88+/- acres)
  • Approximately 130,000 square feet of light industrial floor area identified in a Monroe County Letter of Understanding
  • NROGO allocation exemption applies to manufacturing, assembly, wholesaling, and distribution uses

Location Intelligence

Trade Area within ½ mile

581
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

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial land - Industrial-zoned acreage carries a county-documented allowance for light industrial floor area, subject to specified use limitations.
Where is this industrial land located?
The property is located at Marathon, FL.
What is the asking price?
The asking price for this property is $15,000,000.
What are key features of this property?
This property features: Eight parcels totaling approximately 475,000+/- square feet (10.88+/- acres); Approximately 130,000 square feet of light industrial floor area identified in a Monroe County Letter of Understanding; NROGO allocation exemption applies to manufacturing, assembly, wholesaling, and distribution uses
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