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Property profile & analytics
OFF-MARKET Estimated value $520,000
Office buildings

11187 Overseas Hwy Marathon, FL 33050-3460

2,098 SF 0.17 ac lot Built 1987
Entity Owned 5-yr Hold Free & Clear
Property ID
US18-5277623
Property summary
AI-generated overview

This exceptional commercial property, located at 11187 Overseas Highway Unit 1 in Marathon, Florida, offers a variety of professional office spaces for lease within a modern, upscale building. Currently available are several office suites, including two identical units measuring 5.5 feet by 11.5 feet, each priced at $875 per month. Beyond these, additional smaller and larger office spaces are also available, offering flexibility to suit diverse business needs. The building boasts a convenient shared kitchenette, two well-equipped conference rooms perfect for meetings and presentations, and ample parking for tenants and clients. High visibility is ensured by the property's strategic location directly across from a new Circle K, with signage opportunities available to enhance your business presence. All utilities are included in the monthly lease rate, simplifying budgeting and administration. The building's existing tenants include professionals in real estate and vacation rental management, creating a collaborative and supportive business environment. This is an excellent opportunity to establish or expand your business in a prime Marathon location. Contact us today to schedule a viewing and secure your ideal office space.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Total area 2,098 SF
Lot 0.17 ac (7,500 SF)
APN 00345250-000000
UPID US18-5277623
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Derrick Johnson, PA, Realtor® /Coco Plum Real Estate Real Estate Agency
  • Coco Plum Real Estate Village at Hawks Cay Sales Real Estate Agency
  • Coco Plum Vacation Rentals Vacation Rental Real Estate Agency
  • Pet Wellness Center Veterinary Clinic
  • Book The Keys Travel Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$560k
CAP Approach CAP
$650k
Comparable Approach Comparable
$527k
Blend (final) Blend
$520k
Owner & transaction history
11187 Overseas LLC · 5 yrs held
11187 Overseas LLC
since 2021
Last sale
$500,000
2 recorded transactions
2021
$500,000
1999
$375,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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