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    Property profile & analytics

    12640 Overseas Hwy Marathon, FL 33050-3537

    • Turn key restaurants
    • 10,088 SF
    • 2.45 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 25, 2024
    Location Intelligence
    Property ID
    US18-3414813
    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.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 12640 Overseas Hwy

    Year built
    1989
    Lot size
    2.45 lot acres
    Property size
    10,088 SF
    Property type
    Turn key restaurants
    APN
    00100260-000000
    APU
    100260000000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marathon
    County
    Monroe
    State
    Florida
    Longitude
    -81.0217
    Latitude
    24.7326
    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
    $38,245
    $2,569,908
    $1,457,823
    $4,027,731
    -
    $2,569,908
    $1,457,823
    $4,027,731

    Comparable in this City

    • Value Estimation
      $1,050,000
      2,179 SF

      8349 Overseas Hwy

      RESTAURANT • 2,179 SF
      8349 Overseas Hwy, Marathon, FL 33050-3235
      View Details
    • Value Estimation by Request
      7,333 SF

      7 Knights Key Blvd

      RESTAURANT • 7,333 SF
      7 Knights Key Blvd, Marathon, FL 33050-2002
      View Details
    • Value Estimation
      $7,555,000
      3,716 SF

      12648 Overseas Hwy

      RESTAURANT • 3,716 SF
      12648 Overseas Hwy, Marathon, FL 33050-3537
      View Details
    • Value Estimation
      $7,330,000
      5,456 SF

      2600 Overseas Hwya

      RESTAURANT • 5,456 SF
      2600 Overseas Hwya, Marathon, FL 33050-2243
      View Details
    • Value Estimation by Request
      1,368 SF

      3520 Overseas Hwy

      RESTAURANT • 1,368 SF
      3520 Overseas Hwy, Marathon, FL 33050-2341
      View Details
    • Value Estimation
      $930,000
      2,066 SF

      6950 Overseas Hwy

      RESTAURANT • 2,066 SF
      6950 Overseas Hwy, Marathon, FL 33050-3142
      View Details

    Similar Nearby for Sale

    • $175,000
      3,000 SF

      Overseas Highway Commercial Property

      1.03 acre corner lot with former restaurant.
      6495 Overseas Hwy, Marathon, FL 33050
      View Details
    • $4,900,000
      160,800.00 Acres

      Waterfront Land with Bay Bottom Rights

      Rare opportunity: waterfront land with bay bottom rights in Marathon.
      13759 Overseas Hwy, Marathon, FL 33050
      View Details
    • $3,300,000

      Waterfront Restaurant with Development Potential

      Iconic restaurant with residential property, development rights, and dockage.
      1240 Overseas Hwy, Marathon, FL 33050
      View Details
    • $4,900,000
      160,800.00 Acres

      Waterfront Commercial Parcels with Bay Bottom

      Rare opportunity: waterfront parcels with bay bottom rights.
      13759 Overseas Hwy, Marathon, FL 33050
      View Details
    • $3,800,000

      Keys Business & Waterfront Estate

      Profitable Florida Keys Business w/ Waterfront
      81 Coco Plum Dr, Marathon, FL 33050
      View Details
    • $7,670,000
      16,904 SF

      Marathon Walgreens Retail Investment

      High-yield Walgreens, absolute NNN lease.
      10870 Overseas Hwy, Marathon, FL 33050
      View Details

    Similar Nearby for Lease

    • $1.31 SF/Yr
      22,069 SF

      Marathon Retail Space - Hwy 1 Overseas

      Prime Marathon location, 22,069 sq ft retail space
      11400 Overseas Hwy, Marathon, FL 33050
      View Details
    • $7 SF/Yr
      14,000 SF

      Key Vaca Center: Marathon Office Space

      14,000 SF Office Building, Multiple Suites Available
      10045 Overseas Hwy, Marathon, FL 33050
      View Details
    • $14,000 /Mo

      Luxury Waterfront Home in Marathon

      New luxury home with direct ocean access in Marathon, FL.
      112 Avenue, Marathon, FL 33050
      View Details
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    12640 Overseas Hwy
    Marathon, FL 33050-3537
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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