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$3,250,000
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Property Description
Commercial Vacant Land Opportunity - Prime Highway Frontage Exceptional development opportunity featuring approximately 231 feet of highway frontage in a highly visible location. Just under of 1 acre of cleared land, fully enclosed with privacy fencing and is ideally situated between 85th street and 86th street, directly across from Marathon Airport. The property is ready for development and includes an existing income-producing billboards with a flexible month-to- month lease. A rare added benefit is 128 feet of private boat dockage, offering direct Ocean access for personal use. This unique combination of commercial visibility, development readiness, and waterfront access makes it a standout investment opportunity.
Full Property Details
Full Property Details for 8501 Overseas Hwy
General
- Sold For: $3,250,000
- Taxes: $8,568 (2025)
- Status: Closed
- Type: Commercial
- Source: 927
- MLS ID: 619267
- Added to Site: 154 day(s) ago
Interior
- Appliances: No Appliances
Location
- Area: 16 - Sombrero Bch Rd to Vaca Cut - Oceanside
- County: Monroe
- Subdivision: Sunny Isle (52.0)
- Driving Directions: US1 Oceanside across from Marathon Airport between 85th & 86th Street
Community
- Assoc. Fees Include: None
Structural Information
- Construction: Other
- Sq. Ft. Source: Property Data Card
Lot Features
- Property View: Canal
- Lot Size (Acres): 0.95
- Lot Size (Sq. Ft.): 41,225
- Lot Dimensions: 232 x 246 x 224 x 180
- Zoning: MU - Mixed Use Commercial Mixed Use
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Canal Front
Financial Considerations
- Tax Amount: $8,568.85
- Tax Year: 2025
Disclosures and Reports
- Legal Description: Sunny Isle Pb4-52 Key Vaca Motel Site
- Flood Zone: AE, AE, AE
- APN: 349330000000
Listed by Coldwell Banker Schmitt Key Largo, Yvette Doherty (786) 236-8158
Sold by Ocean Sotheby's International, Karen D Raspe
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Schools
Schools serving 8501 Overseas Hwy
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Stanley Switlik Elementary School 3400 Overseas Highway, Marathon, FL 33050 | PK-5 | 2.7 mi |
Marathon School 350 Sombrero Beach Road, Marathon, FL 33050 | 6-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8501 Overseas Hwy
Date
Details
Price
Change
Source
8/25/2026
Sold
$3,250,000
-5.8%
MLS
3/30/2026
Listed
$3,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8501 Overseas Highway, Marathon, FL 33050 (MLS# 619267) is a Commercial property that was sold at $3,250,000 on August 25, 2026. Want to learn more about 8501 Overseas Highway? Do you have questions about finding other Commercial real estate for sale in Marathon? You can browse all Marathon real estate or contact a Coldwell Banker agent to request more information.

