Estimated payment $35,883/month
Highlights
- Dock made with wood
- Waterfront
- 1-minute walk to Curry Hammock State Park
- Coral Shores High School Rated A
About This Lot
Unlock the full potential of the Florida Keys commercial market with this offering of a rare combined set of parcels including Lot 2 & Lot 3 on Overseas Highway, and an additional parcel of ~3.0 acres of submerged bay bottom located in the heart of Marathon. These adjacent parcels and bay bottom present a unique opportunity for developers, investors, or end-users seeking high-traffic frontage, open-water access, and bay bottom rights. Property is zone Mixed Use Commercial (MU-C). Currently has two concrete dwellings on-site with 4 building rights, deep water access, and dockage. Direct open water with panoramic views and potential for dock development, boating, or a water sport business. Ideal for possible hotel/motel, retail, restaurant, marina, or mixed-use commercial ventures (subject to city approval). High visibility corridor daily on US-1/Overseas Highway. Benefit from strong foot traffic and year-round visitors. Ownership of the bay bottom opens unique possibilities for water-related commercial activity. Rare opportunity to acquire two contiguous parcels with waterfront, bay bottom rights, four dwelling rights and highway presence. Whether you're envisioning a boutique resort, a landmark restaurant on the water, or a marine-focused business, this combined site offers everything you need - land, location, and lifestyle.
Property Details
Property Type
- Land
Est. Annual Taxes
- $22,827
Lot Details
- 3.69 Acre Lot
- Waterfront
- Property fronts a highway
- 3 Lots in the community
- Property is zoned MU - Mixed Use Commercial Mixed Use
Additional Features
- Water Views
- Electricity To Lot Line
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 00362670-000000
Community Details
Overview
- Driftwood Estates Subdivision
Recreation
- Dock made with wood
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,399 | $950,293 | $928,152 | $22,141 |
| 2023 | $9,399 | $950,567 | $928,152 | $22,415 |
| 2022 | $8,921 | $950,840 | $928,152 | $22,688 |
| 2021 | $8,868 | $951,113 | $928,152 | $22,961 |
| 2020 | $8,313 | $951,386 | $928,152 | $23,234 |
| 2019 | $6,869 | $640,026 | $616,518 | $23,508 |
| 2018 | $7,539 | $735,744 | $712,176 | $23,568 |
| 2017 | $7,286 | $707,091 | $0 | $0 |
| 2016 | $7,517 | $708,175 | $0 | $0 |
| 2015 | $7,461 | $705,676 | $0 | $0 |
| 2014 | $7,371 | $704,232 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/21/2025 05/21/25 | For Sale | $6,100,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | $100 | -- | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- |
Source: Marathon and Lower Keys Association of REALTORS®
MLS Number: 615454
APN: 00362670-000000
- 34 Coco Plum Dr
- 243 Pescayo Ave
- 117 Avenue E
- 53 Coral Ln
- 65 Coral Ln
- 97 Coral Ln
- 14 Avenue F
- 109 Avenue D Unit 302
- 109 Avenue D Unit 305
- 252 Pescayo Ave
- 105 Avenue D Unit 101
- 105 Avenue D Unit 113
- 246 & 248 Pescayo Ave
- 104 Avenue G
- 131 Avenue G
- 254 Pescayo Ave
- 130 Coco Plum Dr Unit 402
- 91 Avenue G
- 97 Coco Plum Dr Unit B-27
- 8 Sadowski Causeway
