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    • For Lease
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    • Brokers
    11187 Overseas Hwy Marathon, FL 33050
    Property profile & analytics

    11187 Overseas Hwy Marathon, FL 33050


    • Office buildings
    • 2,098 SF
    • 0.17 lot acres
    Marathon Commercial Office Space For Sale
    $875

    Marathon Commercial Office Space

    Upscale office suites, various sizes, all utilities included.

    11187 Overseas Hwy, Marathon, FL 33050
    View Listing
    Property ID
    US18-5277623
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    8.3%
    Office buildings
    Location Intelligence

    Current Use by 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

    Property Details for 11187 Overseas Hwy

    Year built
    1987
    Lot size
    0.17 lot acres
    Property size
    2,098 SF
    Property type
    Office buildings
    APN
    00345250-000000
    APU
    345250000000

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $510,000
      ML approach
      $560,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $705,000
      6.5%
      $650,000
      7%
      $605,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $526,000
      Market price range: $213k - $703k

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Marathon
    County
    Monroe
    State
    Florida
    Longitude
    -81.0354
    Latitude
    24.7288
    CBSA code
    28580
    CBSA name
    KEY WEST-MARATHON, FL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,642
    $307,125
    $194,089
    $501,214
    -
    $307,125
    $194,089
    $501,214
    View Listing
    More about this property
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