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    Property profile & analytics
    OFF-MARKET Estimated value $510,000
    Retail space

    2315 Overseas Hwy, Marathon, FL 33050-2231

    2,505 SF 0.08 ac lot Built 1958
    Individually Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US18-0542001
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 2315 Overseas Highway in Marathon, Florida, presents a compelling investment opportunity. The 2,505 square foot building sits on a prominent US-1 location, offering unparalleled visibility and exposure for a variety of commercial uses. Ideal for retail or office space, the building boasts a strong construction (concrete block) and is equipped with central air conditioning, ensuring year-round comfort. The property's condition is excellent, minimizing immediate maintenance needs. Enhancements include a large pylon sign with a pole and frame, providing significant advertising potential. Ample parking is available both on US-1 and along the building's side, ensuring convenient access for customers and employees. The property is zoned for commercial use and is priced competitively at $495,000. This is a rare chance to acquire a well-maintained, high-visibility commercial building in a thriving Florida market. The property's location on the busy Overseas Highway guarantees high traffic counts and excellent exposure, making it an attractive option for businesses seeking a strong presence in the Marathon area. The existing infrastructure, including the pylon sign and ample parking, further enhances the property's value and appeal. Don't miss this opportunity to secure a prime commercial property in a desirable location.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1958
    Total area 2,505 SF
    Lot 0.08 ac (3,385 SF)
    APN 00320840-000000
    UPID US18-0542001
    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
    • Garage Sale Thrift Store Discount Store
    • Graphic Comfort Department Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $540k
    CAP Approach CAP
    $525k
    Comparable Approach Comparable
    $535k
    Blend (final) Blend
    $510k
    Owner & transaction history
    Alexis Mari · 6 yrs held
    Alexis Mari
    since 2020
    Last sale
    $450,000
    3 recorded transactions
    2020
    $450,000
    2006
    $4.0M
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $735,000 +13.9%
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