$1,395,000
( $640.20Per Sq Foot )
 $7,489 est/mo Sourced by Back At You

8349 Overseas Highway,Marathon, FL 33050

Marathon, FL 33050

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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.

Details

MLS#601302
Listing TypeFor Sale
Building NameStouts Restaurant
Sub-TypeResale
StatusActive
Year1964
Days On Site1103
Listing Provided ByRE/MAX All Keys Real Estate | Gregory Dully

Features

SQ Feet2,179
ZoningMU - Mixed Use
Acreage0.29

Market Activity 33050

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.

The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Key Colony Beach Realty, Inc. are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.

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Learn More About This Property

StateFL
CountyMonroe
CityMarathon
Zip Code33050
Area16 Sombrero Bch Rd to Vaca Cut Oceanside
Community NameLida Sub (51.5)
Listing VS Median (in Lida Sub (51.5))
Price:
$1,395,000
low | high
Med:
$1,123,000
69.498207885305% of Average
SqFt:
2,179
low | high
Med:
1,436
84.09821018816% of Average
$ / SqFt:
$640
low | high
Med:
$848
17.600007586137% of Average
On site:
1103
low | high
Med:
253.000000
100% of Average
Sourced by Back At You
Listing Updated: June 19, 2024 at 5:47:23 PM PDT