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8349 Overseas Highway

Marathon, FL 33050
  • $1,395,000
  • STATUS: Active Under Contract
  • ON SITE: 362 Days
  • MLS #: 601302
Under Contract
UPDATED: 78 min ago
$1,395,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,179
    SQFT
  • $640
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1964
County:

School Ratings & Info

Description

Don't miss this chance! A Florida Keys hot spot, Stouts Restaurant, 3 Unit Strip Center, & Vacant Lot is for sale! The opportunities are endless with this investment property. This is an Asset sale. The current market value of the two parcels of commercial Real Estate on Overseas Hwy including One Transferrable Building Right (TBR), plus the renovated building and equipment is near the asking price. The well known and established business can be included as a bonus. Vacant Lot includes one Transferrable Building Right(TBR) and additional 6,028 sf. of land. Recently renovated kitchen, appliances, dining room, roof, and concrete restoration. The building consists of 3 separate units with separate electrical meters. This rental income producing property won't last long! Financials and complete packet are available with a signed confidential agreement.

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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 LoKation Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.keysarearealestate.com/homes/129579078
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8349 Overseas Highway Marathon, FL 33050

  • Price: $1,395,000
  • Status: Active Under Contract
  • On Site: 362 Days
  • Updated: 78 min ago
  • MLS #: 601302
0
Beds
0
Baths
0
½ Baths
0.29
Acres
2,179
SQFT
$640
$/SQFT
1964
Built
Neighborhood:
Lida Sub (51.5)
County:
Monroe
Area:
16 - Sombrero Bch Rd To Vaca Cut - Oceanside
Property Description
Don't miss this chance! A Florida Keys hot spot, Stouts Restaurant, 3 Unit Strip Center, & Vacant Lot is for sale! The opportunities are endless with this investment property. This is an Asset sale. The current market value of the two parcels of commercial Real Estate on Overseas Hwy including One Transferrable Building Right (TBR), plus the renovated building and equipment is near the asking price. The well known and established business can be included as a bonus. Vacant Lot includes one Transferrable Building Right(TBR) and additional 6,028 sf. of land. Recently renovated kitchen, appliances, dining room, roof, and concrete restoration. The building consists of 3 separate units with separate electrical meters. This rental income producing property won't last long! Financials and complete packet are available with a signed confidential agreement.
Exterior Features

Construction Cbs Dockage None Land Size More Than 1 Lot Lot Size 53 X 140 Miscellaneous High Traffc LocationHigh VisibilityHighway FrontageUtility Building Side Ocean Style Commercial Vehicle Storage Off Street Parking Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances DishwasherRangeRefrigerator Cooling Heating Central AirHeat PumpWall/Window Unit(S) Floor LaminateTile Net Leasable Area 2179.00

Property Features

Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No Business Name Stouts Restaurant City Marathon Commercial Type Office BuildingsOther ServicesProfessional ServiceRestaurantRetail Control Depth 0 Fee Includes None Flood Zone AeAe Legal Bk 1 Lt 42 Lida Sub Pb3-95 Key Vaca Or145-302 Or515-433 Or520-1 Or1425-1770 Or1425-1771Aff Or1425-1772D/C Or2692-2303/04 Listing Board Florida Keys Mile Marker 51.50 Potential Short Sale No Potential Short Sale Financial Status No Property Rights Transfer Bldg Rights Property Type Commercial Sq Ft Source Tax Records Tax Year 2021 Taxes 4946.28 Total Units 0.00 Utilities Buyer To VerifyFkaaMunicipal SewerSeparate Meters Zoning Mu - Mixed Use Commercial Mixed Use

Listing courtesy of Gregory Dully of Re/Max All Keys Real Estate: (305) 451-0060.


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 LoKation Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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LoKation Real Estate
125 Porto Vista Ct
Islamorada FL, 33036