11400 Overseas Highway, Marathon, FL 33050

$2,880,000

Property Type: Commercial Sale Baths: 17 Square Footage: 22,069 Lot Size (sq. ft.): 42,570 Status: Closed

Current Price: $2,880,000 List Date: 8/23/2016 Last Modified: 9/10/2024

Overview

Description

TOWN SQUARE MALL in Marathon! 46 Units with 66 Parking Spaces and 17 bathrooms! Sought after retail & professional office space is a highly visible location off US 1. Good mix of tenants including Frank's Grill, Post Office, hair & nail salons, realtors, attorneys. Complete remodel in 2008 including: roof, central bathrooms, new a/c units in each unit, wind resistant windows & doors, railings, etc. See Supplement

Supplements: Complete Remodel in 2008 Includes: New Truss & Aluminum and Metal Roof, Central Bathrooms, New A/C Units and Electrical Panels in each unit, wind resistant doors & windows, aluminum railings, paint & new signage. Building is elevated with a crawl space underneath. CBS construction with pre-stressed hollow core concrete floors and ceilings. Complete ... (Read more)

Listing Details MLS# 571750

Location, Tax & Legal

Street #: 11400
Street Name: Overseas
Street Suffix: Highway
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
Subdivision: Key Colony Sub (53.0)
County: Monroe
Area: 15 - Sombrero Bch Rd to Vaca Cut Gulfside
City: MARATHON
Off Shore Island: No
Mile Marker: 53
Side: Bay/Gulf
Flood Zone: AE,AE
Alternate Key #: 1412538
Parcel #: 00334860-000000
Zoning: MU - Mixed Use Commercial Mixed Use
Legal: KEY COLONY SUBDIVISION NO 3 PB4-10 KEY VACA LOTS 2 17 AND18 LESS S'LY 7' AND HALF VACATED ALLEY
Taxes: 24848.24
Tax Year: 2016

Contract Information

Listing Board: Marathon/Lower Keys
Limited Representation: No
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
Species List: No

General Property Description

Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 42570
Waterfront: No
Business Name: Town Square Mall
# Parking Spaces: 66
Building SqFt: 22069
SqFt Source: Property Data Card
Living Apx SqFt: 22069
Total Units: 46
Year Built: 1973
Full Baths: 17
Total Baths: 17
Control Depth: 0

Status Change Info

Under Contract Date: 2018-06-15
Sold Date: 2018-08-29

License Info

# of City License: 46
Non Trans Rntl Lic: Yes

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No

More Information

Financial Status

Bank Owned: No
Potential Short Sale: No

Remarks & Misc

Remarks – Consumer: TOWN SQUARE MALL in Marathon! 46 Units with 66 Parking Spaces and 17 bathrooms! Sought after retail & professional office space is a highly visible location off US 1. Good mix of tenants including Frank's Grill, Post Office, hair & nail salons, realtors, attorneys. Complete remodel in 2008 including: roof, central bathrooms, new a/c units in each unit, wind resistant windows & doors, railings, etc. See Supplement
Directions: Off US 1 at Mile marker 53

Deed Restrictions

Unknown: Yes

Type

Office Buildings: Yes
Professional Service: Yes
Restaurant: Yes
Retail: Yes
Shop/Strip Center: Yes
Other Services: Yes

Fee Includes

None: Yes

Dockage

None: Yes

Appliances

No Appliances: Yes

Cooling

Central Air: Yes
Heat Pump: Yes
Wall/Window Unit(s): Yes

Waterfront

None: Yes

Electric

220 Volt: Yes

Waterview

No Waterview: Yes

Floor

Combo: Yes
Concrete: Yes
Other: Yes

Windows/Doors

Aluminum Windows: Yes
Impact Rstnce Doors: Yes
Impact Rstnce Window: Yes
Other Windows/Doors: Yes

Vehicle Storage

Guest Parking: Yes
Common Parking: Yes

Construction

CBS: Yes

Land Size

1/2 - Less Than 1 AC: Yes

Utilities

FKAA: Yes
Sewer Available: Yes

Miscellaneous

Elevator: Yes
High Traffc Location: Yes
High Visibility: Yes
Highway Frontage: Yes

Roof

Metal Roof: Yes

Property Features

Deed Restrictions: Unknown License Info: Non Trans Rntl Lic Type: Office Buildings; Professional Service; Restaurant; Retail; Shop/Strip Center; Other Services Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Common Parking; Guest Parking Cooling: Central Air; Heat Pump; Wall/Window Unit(s) Utilities: FKAA; Sewer Available Appliances: No Appliances Miscellaneous: Elevator; High Traffc Location; High Visibility; Highway Frontage Construction: CBS Electric: 220 Volt Floor: Combo; Concrete; Other Roof: Metal Roof Land Size: 1/2 - Less Than 1 AC Fee Includes: None

Listing Office: Coldwell Banker Schmitt Real Estate Co.

Last Updated: September - 10 - 2024

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.

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