KAROL MARSDEN, PA 305-395-1975 karolrealtor@gmail.com
13759 Overseas Highway, Marathon, FL 33050
New Listing
$3,599,000
Property Type:
Residential
Bedrooms:
4
Baths:
5
Square Footage:
3,017
Lot Size (sq. ft.):
160,800
Status:
Active
Current Price:
$3,599,000
List Date:
10/21/2026
Last Modified:
10/22/2026
Overview
Description
...
(Read more)
Rare Florida Keys mixed-use development opportunity with approx. 124,300 sq. ft. of uplands plus additional bay bottom ownership. Property includes 4 verified building rights with Letter of Site Condition on file. Existing improvements include a duplex and single-family home.
Mixed Use (MU) zoning allows for a wide range of future possibilities, including commercial, residential, storage facility, marina-related use, workforce housing, market-rate housing, or potential subdivision into multiple parcels. Current zoning allows up to 6 market-rate units per acre or up to 15 affordable units per acre, buyer to verify per City of Marathon.
The property offers approximately 216 feet of highway frontage, plus additional east-side access through an access easement, creating multiple entry points and flexibility for future site planning. A neighboring gas station adds convenience and commercial synergy for future development concepts.
A unique feature is the sleeper asset of this property which is ownership/control of bay bottom extending behind approximately 12 lots along Cocoplum Drive, creating potential value tied to dockage, marina concepts, water access, assemblage opportunities, or long-term redevelopment.
Deep-water access, good depth, multiple boating configurations, and proximity to the marked channel entrance add to the site's appeal. Large mixed-use tracts with water access and verified building rights are increasingly rare in the Florida Keys, making this a strong opportunity for an investor, developer, marina operator, or long-term land holder.
Seller states property will be delivered vacant and free of personal belongings before closing. Buyer to verify zoning, density, building rights, permitted uses, dockage, water depth, access easements, permitting, and development potential.
Listing Details MLS# 621729
Location, Tax & Legal
- Street #
- 13759
- Street Name
- Overseas
- Street Suffix
- Highway
- Key/Island
- Marathon
- State/Province
- FL
- Zip Code
- 33050
- County
- Monroe
- Subdivision
- Driftwood Estates (54.0)
- Area
- 18 - East of Holiday Inn US #1 & Coco Plum
Contract Information
- Listing Board
- Marathon/Lower Keys
- As is Rght to Inspct
- Yes
- Potential Short Sale
- No
- Bank Owned
- No
- Species List
- Yes
General Property Description
- Realtor.COM Type
- Multi-family
- Style
- Multi-Units
- Waterfront
- Yes
- Control Depth
- 4
- Pool
- No
- Year Built
- 1973
- Lot SqFt
- 160800
- Lot Sqft Source
- Property Data Card
- Acres
- 1.47
- Living Apx SqFt
- 3017
- SqFt Source
- Property Data Card
- Total Bedrooms
- 4
- Full Baths
- 4
- Half Baths
- Yes
- Total Baths
- 5
- Rentals Allowed
- Yes
- Min Rental Days
- 7
Association Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
Dockage
- Dock Length
- 150
- Dock
- Wood
More Information
Building Style
- Above Flood
- No
Financial Status
- Auction
- No
- Bank Owned
- No
- Potential Short Sale
- No
- Standard Sale
- Yes
Property Features
Fee Includes:
None
Tax Exemptions:
Homestead
Waterfront:
Open Water
Waterview:
Ocean View; Open Water View
Vehicle Storage:
Guest Parking; Off Street Parking
Cooling:
Ceiling Fans(s); Central Air; Wall/Window Unit(s)
Utilities:
FKAA; Municipal Sewer
Appliances:
Range; Refrigerator
Construction:
CBS
Pets:
Pets Allowed
Neighborhood Feature:
Airstrip; Beach; Bike Paths
Land Size:
2 Less Than 5 Acres
Listing Office:
Coldwell Banker Schmitt Real Estate Co.
Last Updated: October - 22 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.