Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$4,950,000 Contingent

  • For Sale
  • Contingent
  • Commercial Service
See This Home
Save This Home
See This Home
Save This Home
Exceptional commercial waterfront opportunity in the heart of Marathon. This prime commercial property consists of five contiguous lots totaling approximately 30,000 square feet, with 300' on Coco Plum Dr and 300 feet of waterfront. The property includes 18 boat slips with a control depth of approximately 5 feet, offering outstanding maritime access and functionality.Zoned MU-M (Multi-Use Maritime), this versatile zoning allows for a broad range of uses including maritime industry operations such as fishing equipment sales and service, seafood processing, marine-related manufacturing, and boat storage. Additional permitted uses include retail, restaurant, affordable housing, and residential development, making this a uniquely flexible investment property.Parcel IDs include: 00362930, 00362940, 00362950, 00362960, and 00362970. The seller will provide a complete list of all personal property included in the sale, including major furniture, fixtures, and equipment. This is a rare opportunity to acquire a substantial, high-exposure commercial property with extensive waterfront and mixed-use potential in one of the most desirable areas of the Florida Keys.

Full Property Details for 38 Coco Plum Dr

General

  • Price: $4,950,000
  • Taxes: $22,621 (2025)
  • Status: Contingent
  • Type: Commercial Service
  • Source: 927
  • MLS ID: 614960
  • Updated: 1/8/2026
  • Added to Site: 257 day(s) ago

Business

  • Misc. Information: Storage, Open Water View, Highway Frontage, High Visibility, Loading Dock

Interior

  • Appliances: Refrigerator
  • Flooring: Concrete

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Exterior

  • Exterior Features: Marina, Other Services, Boat Sales/Service, Boat Care

Location

  • Area: 18 - East of Holiday Inn US #1 & Coco Plum
  • County: Monroe
  • Subdivision: Coco Plum Beach (54.5)
  • Driving Directions: Rt1/ Overseas Hwy to Coco Plum

Community

  • Assoc. Fees Include: None

Heating & Cooling

  • Heating Type: Other

Utilities

  • Water: Open Water View
  • Utility Description: Municipal Sewer

Structural Information

  • # Buildings: 1
  • Architectural Style: Commercial
  • Construction: CBS
  • Roof: Concrete Roof
  • Stories/Levels: 1.0
  • Square Feet: 5,439
  • Sq. Ft. Source: Tax Records
  • Year Built: 1994

Lot Features

  • Lot Size (Sq. Ft.): 30,000
  • Lot Dimensions: 300 x 100
  • Zoning: MU - M - Mixed Use - Maritime

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Type: Open Water
  • Boat Dock Slip: Yes
  • Dock Description: Other Dockage

Financial Considerations

  • For Sale/Rent/Lease: For Sale
  • Tax Amount: $22,621
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: BK 1 LT 14 COCO PLUM BEACH PB4-166 FAT DEER KEY OR580-134 OR584-174 OR2799-1322/23ORD OR2842-1508/09 OR2956-1161 OR2956
  • Flood Zone: AE
  • APN: 00362930-000000

Listed by RE/MAX All Keys Real Estate, Gregory Dully (305) 900-4232 and RE/MAX All Keys Real Estate, Curtis Skomp (305) 304-0084

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agents

— 38 Coco Plum Dr —

  • Gregory Dully

    RE/MAX All Keys Real Estate

  • Curtis Skomp

    RE/MAX All Keys Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 38 Coco Plum Dr

School District:Monroe County School District, Middle Torch Key, FL
NameGradesDistance
Stanley Switlik Elementary School
3400 Overseas Highway, Marathon, FL 33050
PK-55.3 mi
Marathon School
350 Sombrero Beach Road, Marathon, FL 33050
6-124.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 38 Coco Plum Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/07/2025
Price Reduced
$4,950,000
-23.85%
MLS
5/09/2025
Listed
$6,500,000
9185.71%
MLS
2/18/2019
Sold
$70,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 38 Coco Plum Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,112
—
$210,628
1%
2024
$2,112
-3%
$209,236
—
2023
$2,171
-6%
$209,236
—
2021
$2,320
5%
$210,281
1%
2022
$2,204
-5%
$209,103
-1%
2021
$2,320
-2%
$211,459
-2%
2019
$2,362
13%
$216,823
10%
2018
$2,091
8%
$197,112
10%
2017
$1,932
—
$179,708
3%
2016
$1,937
2%
$174,420
2%
2015
$1,897
-2%
$171,134
1%
2014
$1,929
-7%
$169,791
-7%
2013
$2,071
—
$182,526
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 38 Coco Plum Dr

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by RE/MAX All Keys Real Estate, Gregory Dully (305) 900-4232 and RE/MAX All Keys Real Estate, Curtis Skomp (305) 304-0084

Just Listed near 38 Coco Plum Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1133 W Ocean Dr Dr Unit, Key Colony Beach, FL 33051 - Photo 1 Just Listed
$1,299,999

1133 W Ocean Dr Dr Unit  #17  Key Colony Beach, FL 33051

  • Condo / Townhouse
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 3
    Total Baths
  • 1,804
    Sq. Ft.
5022 Sunset Village Dr, Duck Key, FL 33050 - Photo 1 Just Listed
$655,000

5022 Sunset Village Dr  Duck Key, FL 33050

  • Condo / Townhouse
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 2
    Total Baths
  • 900
    Sq. Ft.
210 W Seaview Cir, Duck Key, FL 33050 - Photo 1 Just Listed
$5,250,000

210 W Seaview Cir  Duck Key, FL 33050

  • Single Family
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 4
    Total Baths
  • 3,304
    Sq. Ft.
Listed by Trustpoint Realty, LLC, Joseph Suarez

Price Reduced near 38 Coco Plum Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

7021 Harbor Village Dr, Duck Key, FL 33050 - Photo 1 Price Reduced
-$60,000 (-9.3%)
$585,000

7021 Harbor Village Dr  Duck Key, FL 33050

  • Condo / Townhouse
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 3
    Total Baths
  • 900
    Sq. Ft.

Recent Sales near 38 Coco Plum Dr

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

59720 Overseas Hwy, Marathon, FL 33050 - Photo 1 Sold
$4,528,300

59720 Overseas Hwy  #14  Marathon, FL 33050

  • Single Family
  • Closed
  • 5
    Beds
  • 5
    Total Baths
  • 3,011
    Sq. Ft.
81984 Overseas Hwy, Islamorada, FL 33036 - Photo 1 Sold
$4,400,000

81984 Overseas Hwy  Islamorada, FL 33036

  • Commercial Service
  • Closed
Listed by Coldwell Banker Schmitt Islamorada, Elizabeth Jolin
Sold by Coldwell Banker Schmitt Islamorada, Ashley Lindmar, Realtor and Coldwell Banker Schmitt Islamorada, Christy Hughes

38 Coco Plum Drive, Marathon, FL 33050 (MLS# 614960) is a Commercial Service property. 38 Coco Plum Drive is currently listed for $4,950,000 and was received on May 09, 2025. Want to learn more about 38 Coco Plum Drive? Do you have questions about finding other Commercial Service real estate for sale in Marathon? You can browse all Marathon real estate or contact a Coldwell Banker agent to request more information.

Tour this property