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  • 6950 Overseas Highway, Marathon, FL 33050 (MLS# 607711)

6950 Overseas Highway, Marathon, FL 33050

$1,550,000
Property Type: Commercial Square Footage: 2,066 Lot Size (sq. ft.): 130,769 Status: Closed
Current Price: $1,550,000 List Date: 12/07/2023 Last Modified: 9/13/2024

Description

High visibility local seafood restaurant and market available for sale. Includes Real Estate, all furnishings, fixtures, and equipment (FF&E.) Property provides ample parking for 160 seat restaurant with a 6COP SRX Liquor License. Well established location known by locals and visitors alike. Multi-faceted operation with 2,066 sq ft containing high quality dining, fresh seafood market, catering, seafood shipping operation, and tiki bar. Business added 700 sq ft of open deck for extra seating and liquor license in 2022. Owner is extremely active and generous in not only the Marathon community but Keyswide. Stepped up during Covid to provide food for those in need, as well as finding hard to obtain items for locals to purchase. Value proposition is Growth, growth, growth for this business as profits have been invested back into the business. Real Estate consists of 3 acres +/- acres, 11,761 sq ft of which is a corner lot including improvement and 60 +/- linear feet on US 1, with Signage and centrally located in Marathon's main commerce bubble. The remaining 2.73 acres is deemed environmentally sensitive.

More Information MLS# 607711

Contract Information

Listing Board: Marathon/Lower Keys Limited Representation: No Potential Short Sale: No Bank Owned: No For Sale/Lease: For Sale Current Price: $1,550,000 Listing Date: 2023-12-04 Sold Price: $1,550,000

Location, Tax & Legal

City: MARATHON Mile Marker: 51 Marathon Neighborhood: Mid-Town - Gulf (Sombrero to Airport) Side: Bay/Gulf Flood Zone: AE,AE,AE,VE Alternate Key #: 1407445 Parcel #: 00331400-000000 Zoning: MU - Mixed Use Commercial Mixed Use Legal: ROOSEVELT POINT PLAT 1 PB5-5 KEY VACA TRACT C See lengthy Legal Descriptions in Documents Section Taxes: 8067.96 Tax Year: 2023 Street #: 6950 Street Name: Overseas Street Suffix: Highway Key/Island: Marathon State/Province: FL Zip Code: 33050 Subdivision: Roosevelt Point #1 (51.0) County: Monroe Area: 15 - Sombrero Bch Rd to Vaca Cut Gulfside

General Property Description

Realtor.COM Type: Commercial Waterfront: No Control Depth: 0 Lot Size: Irregular Lot SqFt: 130769 Total Units: 0 # Parking Spaces: ample parking Off Street Parking: Yes SqFt Source: Property Data Card Building SqFt: 2066 Style: Commercial Living Apx SqFt: 2066 Year Built: 1984

Remarks & Misc

Remarks – Consumer: High visibility local seafood restaurant and market available for sale. Includes Real Estate, all furnishings, fixtures, and equipment (FF&E.) Property provides ample parking for 160 seat restaurant with a 6COP SRX Liquor License. Well established location known by locals and visitors alike. Multi-faceted operation with 2,066 sq ft containing high quality dining, fresh seafood market, catering, seafood shipping operation, and tiki bar. Business added 700 sq ft of open deck for extra seating and liquor license in 2022. Owner is extremely active and generous in not only the Marathon community but Keyswide. Stepped up during Covid to provide food for those in need, as well as finding hard to obtain items for locals to purchase. Value proposition is Growth, growth, growth for this business as profits have been invested back into the business. Real Estate consists of 3 acres +/- acres, 11,761 sq ft of which is a corner lot including improvement and 60 +/- linear feet on US 1, with Signage and centrally located in Marathon's main commerce bubble. The remaining 2.73 acres is deemed environmentally sensitive.

Deed Restrictions

Unknown: 1

Association Info

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

License Info

SRX (Non-Transferab): 1

Type

Bar: 1 Restaurant: 1 Retail: 1

Fee Includes

None: 1

Dockage

None: 1

Accounts & Meters

# Water Meters: 1 # Electric Meters: 1

Appliances

Other: Professional Kitchen

Cooling

Central Air: 1

Heating

Electric: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Vehicle Storage

Off Street Parking: 1

Construction

CBS: 1 Combo Construction: 1

Land Size

2 Less Than 5 Acres: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Property Rights

Beverage License: 1

Miscellaneous

Chickee Hut: 1 Handicap Access: 1 High Traffc Location: 1 Highway Frontage: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Sold Date: 2024-09-13 Sold Price: $1,550,000 Status: Closed

Property Features

Deed Restrictions: Unknown License Info: SRX (Non-Transferab) Type: Bar; Restaurant; Retail Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Off Street Parking Cooling: Central Air Heating: Electric Utilities: FKAA; Municipal Sewer Miscellaneous: Chickee Hut; Handicap Access; High Traffc Location; Highway Frontage Construction: CBS; Combo Construction Land Size: 2 Less Than 5 Acres Fee Includes: None Property Rights: Beverage License
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: September - 13 - 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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