8349 Overseas Highway

Marathon, FL 33050 / Lida Sub (51.5)

MLS ID# 605719 Closed
Commercial

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Closed $1,050,000

0.15 acres

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• Description
• Location, Tax & Legal
• General Property Description
• Details

Description

Don't miss this chance! A Florida Keys hot spot, Stouts Restaurant, 3 Unit Strip Center, & Vacant Lot is for sale! The opportunities are endless with this investment property. This is an Asset sale. The current market value of the two parcels of commercial Real Estate on Overseas Hwy plus the renovated building and equipment. The well-known and established business can be included as a bonus. The vacant lot includes an additional 6,028 sf. of land. Recently renovated kitchen, appliances, dining room, roof, and concrete restoration. The building consists of 3 separate units with separate electrical meters. This potential rental income-producing property won't last long! Financials and complete packet are available with a signed confidential agreement. Don't miss this chance! A Florida Keys hot spot, Stouts Restaurant, 3 Unit Strip Center, & Vacant Lot is for sale! The opportunities are endless with this investment property. This is an Asset sale. The current market value of the two parcels of com... show more

Location, Tax & Legal

• Street # 8349
• Street Name Overseas
• Street Suffix Highway
• Key/Island Marathon
• City MARATHON
• State/Province FL
• Zip Code 33050
• Subdivision Lida Sub (51.5)
• Mile Marker 51.5
• County Monroe
• Area 16 - Sombrero Bch Rd to Vaca Cut - Oceanside
• Marathon Neighborhood Airport - Ocean (72nd to 106th)
• Side Ocean
• Flood Zone AE,AE
• Alternate Key # 1425745
• Parcel # 00347950-000000
• Zoning MU - Mixed Use Commercial Mixed Use
• Legal BK 1 LT 42 LIDA SUB PB3-95 KEY VACA OR145-302 OR515-433 OR520-1 OR1425-1770 OR1425-1771AFF OR1425-1772D/C OR2692-2303/0
• Taxes 5604.76
• Tax Year 2022

General Property Description

• Realtor.COM Type Commercial
• Style Commercial
• Lot Size 53 X 140
• Lot SqFt 6526
• Waterfront No
• Control Depth 0
• Business Name Stouts Restaurant
• Building SqFt 2179
• SqFt Source Tax Records
• Net Leasable Area 2179
• Total Units 0
• Year Built 1964
• Total Bedrooms 0
• Full Baths 0
• Half Baths 0
• Total Baths 0

Details

• Association Info

  No Mandatory Home Owners Asc, No 1st Right of Refusal

• Type

  Office Buildings, Professional Service, Restaurant, Retail, Other Services

• Waterfront

  None

• Waterview

  No Waterview

• Dockage

  None

• Vehicle Storage

  Off Street Parking

• Cooling

  Central Air, Wall/Window Unit(s)

• Utilities

  Buyer to Verify, FKAA, Municipal Sewer, Separate Meters

• Appliances

  Dishwasher, Range, Refrigerator

• Miscellaneous

  High Traffc Location, High Visibility, Highway Frontage, Utility Building

• Construction

  CBS

• Floor

  Laminate, Tile

• Land Size

  More than 1 Lot

• Fee Includes

  None

• Show

  Call List Agent, Sign on Property, Other Showing Instr

• Property Rights

  Transfer Bldg Rights

• Financial Status

  No Bank Owned, No Potential Short Sale