11711 Overseas Hwy Highway, Marathon, FL 33050

$325,000

Property Type: Commercial Sale Baths: 2 Lot Size (sq. ft.): 8,615 Status: Closed

Current Price: $325,000 List Date: 3/01/2022 Last Modified: 8/31/2026

Overview

Description

Terrific, money making Mom & Pop business. Perfect business for new owner/operators. Same owners nearly 20 years and retiring. Well known and a local's favorite 30 seat restaurant and Fish & Meat Market. Very favorable long term lease in a visible location on Overseas Hwy. Affordable rent of $2,500 per mos. plus sales tax & utilities. Gross near $740,000 in 2021 and strong net income. Includes business name, domain & website www.floridalobster.com, menu, all furniture, fixtures and equipment & agreed upon inventory. Room to grow by opening weekends, expanding retail lines, increasing prices and new blood! 4.5 Stars on Tripadvisor and #8 of 76 places to eat in Marathon. Financials are available to qualified buyers with a Confidential and Non-Disclosure Agreement.

Listing Details MLS# 599897

Location, Tax & Legal

Street #: 11711
Street Name: Overseas Hwy
Street Suffix: Highway
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
Subdivision: Little Venice (53.0)
County: Monroe
Area: 16 - Sombrero Bch Rd to Vaca Cut - Oceanside
City: MARATHON
Mile Marker: 53
Marathon Neighborhood: Marathon East - Ocean (Airport to Vaca)
Side: Ocean
Alternate Key #: 000000
Parcel #: 00346740-000100
Zoning: MU - Mixed Use Commercial Mixed Use
Legal: Business Leasehold Only No Real Estate Included
Taxes: 4862.65
Tax Year: 2021

Contract Information

Listing Board: Florida Keys
Limited Representation: No
Potential Short Sale: No
Bank Owned: No

General Property Description

Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 8615
Waterfront: Yes
Year Built: 1957
Half Baths: 2
Total Baths: 2
Control Depth: 0

Status Change Info

Under Contract Date: 2022-08-29
Sold Date: 2022-08-31

Association Info

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

Financial Status

Bank Owned: No
Potential Short Sale: No

More Information

Remarks & Misc

Remarks – Consumer: Terrific, money making Mom & Pop business. Perfect business for new owner/operators. Same owners nearly 20 years and retiring. Well known and a local's favorite 30 seat restaurant and Fish & Meat Market. Very favorable long term lease in a visible location on Overseas Hwy. Affordable rent of $2,500 per mos. plus sales tax & utilities. Gross near $740,000 in 2021 and strong net income. Includes business name, domain & website www.floridalobster.com, menu, all furniture, fixtures and equipment & agreed upon inventory. Room to grow by opening weekends, expanding retail lines, increasing prices and new blood! 4.5 Stars on Tripadvisor and #8 of 76 places to eat in Marathon. Financials are available to qualified buyers with a Confidential and Non-Disclosure Agreement.
Directions: Directions: Corner of 117th St. and Overseas Hwy Marathon

Type

Bar: Yes
Restaurant: Yes
Retail: Yes

Fee Includes

Other: Yes

Dockage

None: Yes

Waterfront

None: Yes

Waterview

No Waterview: Yes

Construction

Concrete: Yes

Land Size

Less Than 1/4 Acre: Yes

Utilities

Buyer to Verify: Yes

Property Features

Type: Bar; Restaurant; Retail Waterfront: None Waterview: No Waterview Dockage: None Utilities: Buyer to Verify Construction: Concrete Land Size: Less Than 1/4 Acre Fee Includes: Other

Listing Office: RE/MAX All Keys Real Estate

Last Updated: August - 31 - 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.

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