1240 Overseas Highway

    Marathon, FL 33050
    • $1,299,000
    • STATUS: Active
    • ON SITE: 286 days
    • MLS #: 582622
    UPDATED: 60 min ago
    $1,299,000
    • 1
      BEDS
    • 0.37
      ACRES
    • 1
      BATHS
    • 2
      1/2 BATHS
    • 2,192
      SQFT
    • $593
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1944
    County:

    School Ratings & Info

    Description

    This is your chance to own a piece of Keys History! The Historic 7 Mile Grill, a landmark waterfront restaurant established in the early 1950's can be yours! The turnkey operation includes a 74 seat restaurant, 360 Sq Ft Mobile Home w/ transferrable building right, as well as 149' of deep water dockage for fishing charters or boat rentals with the possibility to add 8 new slips. Prime location on US1 with charter boats next door and 3 new waterfront hotels within a short walking distance, including a soon to be open world-class oceanfront resort across the street. Excellent income and a great investment opportunity!

    Monthly Payment Calculator



    The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Vacasa Florida LLC are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
    www.buyingthekeys.com/homes/89165294

    1240 Overseas Highway Marathon, FL 33050

    • Price: $1,299,000
    • Status: Active
    • Updated: 60 min ago
    • MLS #: 582622
    1
    Beds
    1
    Baths
    2
    ½ Baths
    0.37
    Acres
    2,192
    SQFT
    $593
    $/SQFT
    1944
    Built
    Neighborhood:
    Parrish Sub (48.0)
    County:
    Monroe
    Area:
    13 - 7 Mile Bridge To Sombrero Bch Rd E & W
    Property Description
    This is your chance to own a piece of Keys History! The Historic 7 Mile Grill, a landmark waterfront restaurant established in the early 1950's can be yours! The turnkey operation includes a 74 seat restaurant, 360 Sq Ft Mobile Home w/ transferrable building right, as well as 149' of deep water dockage for fishing charters or boat rentals with the possibility to add 8 new slips. Prime location on US1 with charter boats next door and 3 new waterfront hotels within a short walking distance, including a soon to be open world-class oceanfront resort across the street. Excellent income and a great investment opportunity!
    Exterior Features

    Construction CbsCombo Construction Dockage Dock Concrete Dockage Dock Length 149 Land Size 1/4 - 1/2 Acre Miscellaneous FencingHigh Traffc LocationHigh VisibilityHighway FrontageOpen Water ViewOther MiscellaneousPatioResidence On PremiseSecurity SystemStorage Off Street Parking Yes Side Bay/Gulf Style Commercial Vehicle Storage Guest ParkingOff Street Parking Vehicle Storage Cars 4+ Waterfront Canal Front Waterfront YN Yes Waterview Bay/Gulf ViewCanal View

    Interior Features

    Appliances Other Ask For Inventory Floor ConcreteTile Floor Windows Doors Other Windows/Doors

    Property Features

    Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No Business Name 7 Mile Grill City Marathon Commercial Type BarMarinaRestaurant Control Depth 5 Electric 220 Volt Fee Includes None Fema List No Flood Zone Ae License Info 2-Cop (Beer & Wine) Listing Board Marathon/Lower Keys Mile Marker 48.00 Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Property Rights Beverage LicenseTransfer Bldg Rights Property Type Commercial Recorded Plat Yes Sq Ft Source Property Data Card Tax Year 2017 Taxes 5673.98 Terms Buyer Obtain FinanceSeller Finance Psble Utilities Buyer To VerifyFkaaMunicipal SewerPropane Gas Year Established 1954-01-01 Zoning Mu - Mixed Use Commercial Mixed Use

    Listing courtesy of Lisa Ferringo of Coldwell Banker Schmitt Re Co. Lower Keys Office.


    The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Vacasa Florida LLC are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
     
    Vacasa Florida LLC
    1001 Whitehead St.
    Key West FL, 33040