12555 Overseas Highway

Property is comprised of 3 buildings/7 rental units. The property is 62,865 sq. ft. and including the bay bottom in front of the property. Property has 185'of seawall around the exterior and there is an existing boat basin /dock/needs work / approximately 110' long. Top of dock was destroyed in a storm but the pilings are still there. 235' of highway frontage/fenced one side/water on 2 sides

The property extends approx. 535 feet including (339' land with another 195' of bay bottom). There is 425 ' +- of shoreline. Not all of it is deep water, but the bay bottom on the end of the property has the same deep water access as the adjacent property. (Coral Lagoon). There is currently a request from the City of Marathon as to the potential of the property from a development point of view. This is a great property with good water access and is just begging to be redeveloped. Currently rents re about $60,000 per year