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    Property profile & analytics
    OFF-MARKET Estimated value $4,450,000
    Community centers

    11400 Overseas Hwy, Marathon, FL 33050-3600

    22,069 SF 0.98 ac lot Built 1973
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US18-0494171
    Property summary
    AI-generated overview

    This exceptional retail property, located at 11400 Overseas Highway in Marathon, Florida (zip code 33050), offers a substantial 22,069 square feet of single-tenant space. The property is zoned UC and features a highly visible location directly adjacent to US-1, ensuring excellent exposure for any business. Road signage opportunities are available, capitalizing on the high traffic volume of this main Marathon business corridor. The ground floor location provides easy accessibility, a key advantage for customers and employees. The building itself is part of a bustling commercial plaza, offering convenient amenities such as an elevator, two stairwells (one at each end of the plaza), public restrooms, and ample parking. The unit itself includes a reception area, multiple offices or treatment rooms (depending on tenant needs), and a private bathroom. Utilities are handled efficiently with individual electric meters for each unit, while water and trash removal are included in the monthly rental cost. The lease terms require first and last month's rent as security deposit, with a monthly rent of $2600 plus a 3.5% state/county tax. A long-term lease commitment of at least two years is preferred, with the possibility of a multi-year lease option. This property presents a unique opportunity for businesses seeking a prominent and well-equipped space in the heart of Marathon's commercial district. The APN is 00334860-000000.

    Property profile
    Verified
    Property type Community centers
    Use group MINI-MALL
    Year built 1973
    Total area 22,069 SF
    Lot 0.98 ac (42,570 SF)
    APN 00334860-000000
    UPID US18-0494171
    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
    • Ameristar General Contractor
    • Danial Marrs, LPT Realty Real Estate Agency
    • Island Pilates and Massage Gym & Fitness Center
    • Brandi Card, LMT Alternative Medicine Practice Spa & Massage Center
    • Chapters Health Hospice (Monroe) Nursing Home
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $4.86M
    CAP Approach CAP
    $5.26M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $4.45M
    Owner & transaction history
    Buritica Marathon 76 LLC · 5 yrs held
    Buritica Marathon 76 LLC
    since 2020
    Last sale
    $3.7M
    7 recorded transactions
    2026
    2021
    2020
    $3.7M
    2018
    2018
    $2.9M
    2017
    2004
    $2.0M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $5.2M +232.1%
    Restaurant $4.1M +162.2%
    Retail stores $3.8M +139.8%
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