logo
Properties
Explore our listings
Buy
Listings for sale
Rent
Listings for rent
Areas
Explore areas information
Buildings
Check buildings information
Neighborhoods
Check neighborhoods information
Contact
Tell us about your needs
Language
Change website language
English
Русский
Español
中文(简体)
Sign In
Sign in or register

1240 Overseas, Marathon, FL 33050

Commercial For Sale
$3,500,000

BTC: 116.66666667

ETH: 1,750.00000000

55 days
Waterfront
0 room(s)
2,192 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Multi-Parcel Waterfront Offering Iconic 7 Mile GrillThis rare multi-parcel package in Marathon, FL combines an iconic waterfront restaurant, residential property, development rights, and dockage. 1240 Overseas Hwy is home to the renowned 7 Mile Grill. Operating with a transferable beer and wine license, the operation serves year round breakfast, lunch and dinner. A transferable submerged land lease allows for continued use of the 129' of waterfront for boating access.The parcel carries an additional development right for a single-family home and included in the sale is an additional single-family home with 4 beds/1 bath (1230 Overseas Hwy).The US1 front exposure offers exceptional exposure.

Location

Florida • Marathon • 33050 • Commercial • For Sale • Waterfront

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1976
Lot:
No Data
Heating:
No Data
Price/sqft:
$1,597
Cooling:
No Data
HOA:
No Data
All facts and features

  • Other Property Information

    • Parcel Number: 00101720000000

    • Zoning: MU

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Commercial Sale

  • Other financial information

    • Annual tax amount: $12,445

  • Source details

    • MLS ID: RX-11132930

    Other facts

    • Direction Faces: Southen end of Marathon, Florida Keys. Gateway to 7 Mile Bridge.

    • Waterfront: Yes

    • Garage: Yes

    • Living Area: 2192

Similar Homes

990 41st Gulf Street 9, Other City - In The State Of Florida FL 33050 placeholder 990 41st Gulf Street 9, Other City - In The State Of Florida FL 33050
67 days
For Sale
House
$3,475,000
5 bds • 5 ba • 4,091 sqft
990 41st Gulf Street 9, Other City - In The State Of Florida FL 33050
Market Trends nearby
Marathon, FL
Key Colony Beach, FL
Long Key, FL
Big Pine Key, FL
Islamorada, FL
Summerland Key, FL
Tavernier, FL
Homestead, FL
Key West, FL

The multiple listing information is provided by the Beaches MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025-present Beaches MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coldwell Banker Schmitt RE Co