2315 Overseas Hwy Marathon, FL 33050-2231
Property profile & analytics
2315 Overseas Hwy Marathon, FL 33050-2231
- Retail space
- 2,505 SF
- 0.08 lot acres
Property ID
US18-0542001
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.
Location Intelligence
Current Use by Public Records
- Garage Sale Thrift Store / Discount Store
- Graphic Comfort / Department Store
Property Details for 2315 Overseas Hwy
- Year built
- 1958
- Lot size
- 0.08 lot acres
- Property size
- 2,505 SF
- Property type
- Retail space
- APN
- 00320840-000000
- APU
- 320840000000
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $575,000
- ML approach
- $540,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $565,000
- 6.5%
- $525,000
- 7%
- $485,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $534,000
- AI Estimate
- $354,000
Market price range: $491k - $848kMarket price range: $201k - $705k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $645,000 Current use
- COMMERCIAL (GENERAL)
- $735,000 Change: +14% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Marathon
- County
- Monroe
- State
- Florida
- Longitude
- -81.102
- Latitude
- 24.709
- 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
$4,952
$169,182
$220,987
$390,169
-
$169,182
$220,987
$390,169
