1240 Overseas Highway
Marathon, FL 33050

Property

Ownership: Commercial
Type: Mixed_Use
Area: 5940 sq ft

Financials

Price:$3,500,000
Deborah L. Ginsburg
150 Worth Ave, Palm Beach, FL 33480
Listing Courtesy of Coldwell Banker Schmitt RE Co

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.

Description

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.

Unbranded Virtual Tour: https://www.propertypanorama.com/1240-Overseas-Highway-Marathon-FL-33050/unbranded

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.