1 Overseas Highway

Marathon, FL 33050

$1,495,000
Price
99,752 / 2.29
Lot Size / Acres

Description

Imagine constructing a luxury residence on just over 2 acres of undisturbed land in the fabulous Florida Keys! Here is the rare opportunity you've been looking for. Situated on the oceanside of Marathon, this parcel presents immense potential. Zoned Residential Low, construct 1 home on just over 2 acres to enjoy your very own estate-like property. Two parcels are offered for sale separately at this price, each parcel has just over 2 acres. Rest assured that the necessary market rate building right...Imagine constructing a luxury residence on just over 2 acres of undisturbed land in the fabulous Florida Keys! Here is the rare opportunity you've been looking for. Situated on the oceanside of Marathon, this parcel presents immense potential. Zoned Residential Low, construct 1 home on just over 2 acres to enjoy your very own estate-like property. Two parcels are offered for sale separately at this price, each parcel has just over 2 acres. Rest assured that the necessary market rate building right conveys with the land (1 TBR for each parcel). Gain proper permits and approvals to trim the mangroves; attain stunning oceanfront views from the future constructed home. The City of Marathon allows a maximum home height of 42 feet - future views from a stilted home would be incredible. Imagine, enter through a private gate, venture down a long winding driveway that leads through a gorgeous, natural canopy of vegetation to arrive at your very own estate. Residential low zoning allows for a home up to 6 bedrooms, and immense lot size has room for amenities galore. Construct multiple garages to house luxury vehicles, a pickleball and/or tennis court, putting green, gym, attached guest home, infinity pool, plus lush gardens and landscaping. Enjoy kayaking and paddleboarding or relax among the serene Atlantic views from the future home and observation platform dock. Partner with the owners to build, or select your own construction team. The possibilities are endless. With Marathon's private airport only 3 minutes away, fly in and out with ease. Enjoy a day trip to Key West, Islamorada or take a scenic 2.5 hour drive up to South Florida. If constructing an estate style home on acreage is something you've been dreaming of, THIS is your prime opportunity.
  1. Listed by Ally Kelley • Ocean Sotheby's International Realty

Property Details for 1 Overseas Highway

Waterfront
Yes
Waterfront
Oceanfront, Open Water
Zoning
RL - Residential Low
Subdivision
Edmonds Acre Tracts (50.5)
Directions
Turn onto 65th Street Ocean, left at stop sign. Go straight to gate. Or go to 6700 Overseas Hwy (church), back of parking lot.
LISTING UPDATED: 10/31/2024 12:49 PM

Property Details for 1 Overseas Highway

StatusActive
MLS #611232
Days on Market81
Taxes$351 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeVacant Land
Year Built-
Lot Size2.29 AC
CountyMonroe County

Building Information for 1 Overseas Highway

Lot Size2.29 AC

Property Information for 1 Overseas Highway

Summary
Location and General Information
  • Waterview: Open Water View, Ocean View
  • Area: 16 - Sombrero Bch Rd to Vaca Cut - Oceanside
  • Control Depth: 1
  • Listing Board: Marathon/Lower Keys
  • Side: Ocean
  • Mile Marker: 50.5
  • Marathon Neighborhood: Mid-Town - Ocean (Sombrero to 71st)
  • Key/Island: Marathon
Owner
  • Owner Name: Owner of Record
Taxes and HOA Information
  • Tax Year: 2024
  • Tax Exemptions: None
  • Assoc/Misc Info: Mandatory Home Owners Asc: No
  • Assoc/Misc Info: 1st Right of Refusal: No
Virtual Tour
Property
Lot Information
  • Parcel #: 00338711-000100
  • Land Size: 2 Less Than 5 Acres
  • Total Lots: 1.0
Property and Assessments
  • Survey Available: Yes
  • Vegetation Survey: Yes
  • Miscellaneous Info: Mobile Home Lot: No
  • Miscellaneous Info: Recorded Plat: Yes
  • Legal: TBD (will need to be split)
  • MLS Approved: Y
  • Bank Owned: No
  • Limited Representation: No
  • Deed Restrictions: Unknown
  • Picture Count: 16
  • Document Count: 1
  • BuildingPermit: Other Permit
  • Property Rights: Tranfrble Bldg Prmt, Transfer Bldg Rights
Utilities
  • Existing Utilities: None
  • Species List: Yes
Interior and Exterior Features
Exterior Features
  • Dockage: None

Property History for 1 Overseas Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1 Overseas Highway

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Charter - PK to 5
Charter - PK to 8
Rating
School
Distance
Stanley Switlik Elementary School
PublicPK to 5

Marathon School
Public6 to 12

Big Pine Academy
CharterPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1 Overseas Highway is a 2.29 ac of land for sale in Marathon, FL 33050. This property was listed for sale on August 27, 2024 by Ocean Sotheby's International Realty, it's currently listed at $1,495,000. This listing's school district is Monroe. Nearby schools include Stanley Switlik Elementary School, Marathon School and Big Pine Academy. 1 Overseas Highway is a 0-bed, 0-bath, 2.29 ac of land on a 99,752 sq. ft. / 2.29 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Ocean Sotheby's International Realty

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.