13759 Overseas Highway, Marathon, FL 33050

New Listing

$3,599,000

Virtual Tour

https://idx.paradym.com/idx/4986016

Marathon_13755__13759_Overseas_Hwy_0166_

Marathon_13755__13759_Overseas_Hwy_0081-

Marathon_13755__13759_Overseas_Hwy_0111_

Marathon_13755__13759_Overseas_Hwy_0086_

Marathon_13755__13759_Overseas_Hwy_0121_

Marathon_13755__13759_Overseas_Hwy_0116_

Marathon_13755__13759_Overseas_Hwy_0101_

Marathon_13755__13759_Overseas_Hwy_0096_

Marathon_13755__13759_Overseas_Hwy_0091_

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

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 prope ... (Read more)

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
City: MARATHON
Mile Marker: 54
Marathon Neighborhood: Coco Plum
Side: Ocean
Flood Zone: AE-8
Alternate Key #: 1444758
Add'l Parcel #1: 00100230-000000
Parcel #: 00362670000000
Add'l Parcel #2: 00362670-000000
Zoning: MU - Mixed Use Commercial Mixed Use
Deed Restrictions: Unknown
Legal: LOT 2 DRIFTWOOD ESTATES PB2-132 FAT DEER KEY, LOT 3 DRIFTWOOD ESTATES PB2-132 FAT DEER KEY, 4 66 33 BAY BOTTOM SOUTH AND
Taxes: 12231.15
Tax Year: 2025
Pub Sewer HkUp: Yes

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
Association Fee $: 0

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

Remarks & Misc

Remarks – Consumer: 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.
Directions: From Overseas Hwy/US-1, proceed to MM 54 in Marathon. Use the nearby entrance at 13755 Overseas Hwy to access the property area, then follow through to 13759 Overseas Hwy.

Fee Includes

None: Yes

Tax Exemptions

Homestead: Yes

Appliances

Range: Yes
Refrigerator: Yes

Pets

Pets Allowed: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes
Wall/Window Unit(s): Yes

Waterfront

Open Water: Yes

Waterview

Ocean View: Yes
Open Water View: Yes

Neighborhood Feature

Airstrip: Yes
Beach: Yes
Bike Paths: Yes

Vehicle Storage

Guest Parking: Yes
Off Street Parking: Yes

Construction

CBS: Yes

Land Size

2 Less Than 5 Acres: Yes

Utilities

FKAA: Yes
Municipal Sewer: 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.

Search powered by FBS Products