57622 Overseas Hwy Highway, Marathon, FL 33050

$1,280,000

Property Type: Commercial Sale Bedrooms: 8 Baths: 8 Lot Size (sq. ft.): 38,227 Status: Closed

Current Price: $1,280,000 List Date: 5/28/2021 Last Modified: 12/20/2025

Description

White Sands Inn is located in Marathon, FL on the Atlantic Ocean with views that will take your breath away. Unfortunately, hurricane Irma took it's toll on the first floor of this little motel. The owners have made most major repairs but ran out of money to complete the motel. Currently being sold as-is with the new owner to complete the first floor. The second floor was not damaged and occupied. All reasonable offers will be considered. Don't let this deal get away. Seller has all plans and estimates to pass on to the new owner. Most of the major work is completed. Call for details. Please do not visit the property without an appointment. Property comes with 1 market rate (single family building right) and 4 transient motel rights.

More Information MLS# 594236

Contract Information

Listing Board: Marathon/Lower Keys Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No For Sale/Lease: For Sale Species List: No Current Price: $1,280,000 Listing Date: 2021-01-18 Sold Price: $1,280,000

Location, Tax & Legal

City: MARATHON Mile Marker: 58.9 Marathon Neighborhood: Grassy Key Side: Ocean Alternate Key #: 1456926 Parcel #: 00373870-000000 Zoning: MU - Mixed Use Commercial Mixed Use Taxes: 17655.8 Tax Year: 2019 Street #: 57622 Street Name: Overseas Hwy Street Suffix: Highway Key/Island: Marathon State/Province: FL Zip Code: 33050 Subdivision: Grassy Key (58.9) County: Monroe Area: 19 - Crawl Key & Grassy Key

General Property Description

Realtor.COM Type: Commercial Waterfront: Yes Control Depth: 2 Lot Size: 106 oceanfront x 298 x 126 x 298 Lot SqFt: 38227 Business Name: White Sands Inn Total Units: 5 # Stories: 2 SqFt Source: Tax Records Total # Buildings: 2 Building SqFt: 3082 Style: Commercial Year Built: 1969 Total Bedrooms: 8 Full Baths: 8 Total Baths: 8

Remarks & Misc

Remarks – Consumer: White Sands Inn is located in Marathon, FL on the Atlantic Ocean with views that will take your breath away. Unfortunately, hurricane Irma took it's toll on the first floor of this little motel. The owners have made most major repairs but ran out of money to complete the motel. Currently being sold as-is with the new owner to complete the first floor. The second floor was not damaged and occupied. All reasonable offers will be considered. Don't let this deal get away. Seller has all plans and estimates to pass on to the new owner. Most of the major work is completed. Call for details. Please do not visit the property without an appointment. Property comes with 1 market rate (single family building right) and 4 transient motel rights. Directions: US 1 on the Ocean Grassy Key

Association Info

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

License Info

# of Transient Licns: 4 Other/See Remarks: 1

Type

Apartment 3 or more: 1 Hotel/Motel: 1

Fee Includes

None: 1

Dockage

Dock: Wood

Appliances

Range: 1 Refrigerator: 1 Other: See inventory

Waterfront

Oceanfront: 1 Open Water: 1

Waterview

Ocean View: 1 Open Water View: 1

Construction

Frame: 1

Land Size

1 Less Than 2 Acres: 1

Utilities

FKAA: 1 Municipal Sewer: 1 Separate Meters: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2021-06-04 Sold Price: $1,280,000 Status: Closed

Property Features

License Info: Other/See Remarks Type: Apartment 3 or more; Hotel/Motel Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Utilities: FKAA; Municipal Sewer; Separate Meters Appliances: Range; Refrigerator Construction: Frame Land Size: 1 Less Than 2 Acres Fee Includes: None

Listing Office: RE/MAX Realty Group

Last Updated: December - 20 - 2025

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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