8501 Overseas Highway, Marathon, FL 33050

$3,250,000

Property Type: Commercial Sale Lot Size (sq. ft.): 41,225 Status: Closed

Current Price: $3,250,000 List Date: 3/30/2026 Last Modified: 8/26/2026

Overview

Description

Commercial Vacant Land Opportunity - Prime Highway Frontage Exceptional development opportunity featuring approximately 231 feet of highway frontage in a highly visible location. Just under of 1 acre of cleared land, fully enclosed with privacy fencing and is ideally situated between 85th street and 86th street, directly across from Marathon Airport. The property is ready for development and includes an existing income-producing billboards with a flexible month-to- month lease. A rare added benefit is 128 feet of private boat dockage, offering direct Ocean access for personal use. This unique combination of commercial visibility, development readiness, and waterfront access makes it a standout investment opportunity.

Listing Details MLS# 619267

Location, Tax & Legal

Street #: 8501
Street Name: Overseas
Street Suffix: Highway
Key/Island: Marathon
State/Province: FL
Zip Code: 33050
Subdivision: Sunny Isle (52.0)
County: Monroe
Area: 16 - Sombrero Bch Rd to Vaca Cut - Oceanside
City: MARATHON
Mile Marker: 52
Marathon Neighborhood: Airport - Ocean (72nd to 106th)
Side: Ocean
Flood Zone: AE,AE,AE
Alternate Key #: 1427098
Parcel #: 00349330000000
Zoning: MU - Mixed Use Commercial Mixed Use
Legal: Sunny Isle Pb4-52 Key Vaca Motel Site
Taxes: 8568.85
Tax Year: 2025

Contract Information

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

General Property Description

Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 41225
Waterfront: Yes
Control Depth: 4
SqFt Source: Property Data Card
Building SqFt: 0

Status Change Info

Under Contract Date: 2026-07-26
Sold Date: 2026-08-25

Association Info

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

Dockage

Dock: Concrete
Dock Length: 128
Seawall: Concrete

More Information

Financial Status

Bank Owned: No
Potential Short Sale: No

Remarks & Misc

Remarks – Consumer: Commercial Vacant Land Opportunity - Prime Highway Frontage Exceptional development opportunity featuring approximately 231 feet of highway frontage in a highly visible location. Just under of 1 acre of cleared land, fully enclosed with privacy fencing and is ideally situated between 85th street and 86th street, directly across from Marathon Airport. The property is ready for development and includes an existing income-producing billboards with a flexible month-to- month lease. A rare added benefit is 128 feet of private boat dockage, offering direct Ocean access for personal use. This unique combination of commercial visibility, development readiness, and waterfront access makes it a standout investment opportunity.
Directions: US1 Oceanside across from Marathon Airport between 85th & 86th Street

Type

Other Comrcl Style: Yes

Fee Includes

None: Yes

Appliances

No Appliances: Yes

Waterfront

Canal Front: Yes

Waterview

Canal View: Yes

Construction

Other: Yes

Land Size

1/2 - Less Than 1 AC: Yes

Utilities

FKAA: Yes

Title

Title Ins - Buyer: Yes

Property Features

Type: Other Comrcl Style Waterfront: Canal Front Waterview: Canal View Utilities: FKAA Appliances: No Appliances Construction: Other Land Size: 1/2 - Less Than 1 AC Fee Includes: None Title: Title Ins - Buyer

Listing Office: Coldwell Banker Schmitt Key Largo

Last Updated: August - 26 - 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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