57478 Overseas Highway, Marathon, FL 33050

$7,000,000

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List Price
$7,000,000
Price Change
▼ $3,500,000 1783568644
MLS#
618926
Status
ACTIVE
Island
Marathon
County
Monroe
City
Marathon
Area
Crawl Key & Grassy Key
Subdivision
Crains Sub (58.0)
Neighborhood
19 - Crawl Key & Grassy Key
Acres
2.37
Days on Market
145

Property Description

'United States Bankruptcy Auction. The Listing Price is for MLS Purposes only. Actual Price will be determined at Auction. Now Accepting Pre-Auction Stalking Horse Bids. The Stalking Horse Bid Deadline is Monday, July 27, 2026, at 5:00 PM EDT' https://www.dropbox.com/scl/fo/6zvlde9vkafsi4gyurrge/AFbZzVpEx4s1umkeSKne1Us?rlkey=9ejdq1stq5w01ifjwsdhdrzyh&st=nzppom5j&dl=0 Rare oceanfront development opportunity in the heart of the Florida Keys. Encompassing nearly 6 acres of pristine oceanfront land in Grassy Key, this exceptional parcel presents an ideal canvas for developers seeking to create luxury residential units with direct oceanfront and beach access. Surrounded by unspoiled natural beauty and tranquil beaches, the property offers immediate proximity to shopping, fine dining, spas, marinas, and world-class boating. Residents will enjoy unparalleled access to deep-sea fishing, scuba diving, snorkeling, and vibrant coral reefs, all set against the backdrop of the Keys' iconic turquoise waters. Located in Marathon, often referred to as the Heart of the Florida Keys, the site benefits from a highly desirable central Keys location, conveniently positioned between the Upper Keysâ€''such as Islamoradaâ€''and the Lower Keys, including Key West. Marathon is known for its rich maritime history, local airport, and accessibility, serving as a central hub comprising islands such as Vaca Key, Duck Key, and Grassy Key. A truly rare offering combining scale, location, and oceanfront presenceâ€''an exceptional opportunity to develop a legacy project in one of Florida's most coveted coastal destinations. Please read the broker's remarks for detailed information on this offering.

Additional Information

Taxes
$6,342
Waterfront
Yes
Zoning
MU - Mixed Use Commercial Mixed Use

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Listing Courtesy Of Compass Florida - Miami Beach, Contact: 305-851-2820