$8,750,000
( )
 $46,972 est/mo Sourced by Back At You

12685 Overseas Highway,MARATHON, FL 33050

MARATHON, FL 33050

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Description

Waterfront motel and marina property in Marathon offered with thirteen transferable transient building rights, highway frontage, and redevelopment potential. Sea Cove is located on Overseas Highway with approximately 200 feet of US-1 frontage, more than two acres of buildable uplands, and additional bay bottom ownership. The property has a long history of marina and lodging use and includes an existing boat ramp with direct boating access. The site has historically supported motel operations, marina services, and small retail activity. The offering includes the real estate together with thirteen transferable transient building rights that allow nightly rental use within the City of Marathon, subject to zoning and City approval if relocated. Previous planning and engineering work studied redevelopment of the site as a marina focused project. Concept plans illustrate a dry boat storage structure of approximately 33,000 square feet accommodating roughly 150 dry racks together with approximately 30 wet slips. Prior discussions have also included extended dockage approaching 550 feet and potential marina services including fueling facilities, subject to required approvals. The site includes significant waterfront area together with bay bottom ownership that has historically supported dockage and marina activity. Showings by appointment only. Please do not visit the property or speak with employees without listing agent present.

Details

MLS #618856
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year1957
Days On Site181
Listing Provided ByKeys Ocean Realty Inc. | Mallory Pinto

Features

Story(s)1
Units13
Building(s)4
ZoningMU - Mixed Use Commercial Mixed
Acreage2.40
Water FrontYes
Property ViewHarbor, Marina View, Open Water V

Taxes

Property19477

Area Information

StateFL
CountyMonroe
CityMARATHON
Zip Code33050
Area18 East of Holiday Inn US #1 & Coco Plum
Community NameDriftwood Estates (54.0)
Listing VS Median (in Driftwood Estates (54.0))
Price:
$8,750,000
low | high
Med:
$0
On site:
181
low | high
Med:
Sourced by Back At You

Market Activity 33050

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Learn More About This Property

StateFL
CountyMonroe
CityMARATHON
Zip Code33050
Area18 East of Holiday Inn US #1 & Coco Plum
Community NameDriftwood Estates (54.0)
Listing VS Median (in Driftwood Estates (54.0))
Price:
$8,750,000
low | high
Med:
$0
On site:
181
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $6.562M - $10.937M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
13759 Overseas Highway Property Photo 1
$3,900,000
13759 Overseas Highway
Marathon, FL 33050
Listing Updated: May 21, 2026 at 5:40:38 PM PDT