$622.89 Per Sq Foot $25,767 est/mo Sourced by Back At You

3574 Overseas Highway, 1-7,Marathon, FL 33050

Marathon FL, 33050

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Description

Tremendous Opportunity to Purchase this trophy, landmark Restaurant, Bar & Liquor Store. Known in Marathon for nearly a century! Real Estate and renovated Building included. Large inside bar and dining room with AC and also outdoor bar with stage. Plus 5bd/2ba apartment on 2nd floor rented on AirBnB included. Great visibility on Overseas Hwy with over 340' of highway frontage. In addition, large Billboard facing S. bound and historic Overseas Lounge Neon sign facing N. bound traffic. Ample parking for employees and customers. Restaurant was completely renovated the property in 2016 & 2017 along with many recent improvements. Sale includes all Furniture, Fixtures & Restaurant & Liquor store Equipment & coolers, plus valuable 5 COP unrestricted Liquor License & approx. $100,000 in Inventory. Also, 1 TBR Rogo Unit. Licensed for 157 Seats with Indoor & Outdoor Bar & seating. Businesses have not been optimized or stabilized. Room to substantially grow with on-site, active ownership. Boasting the Coldest Beer in Town, Great Food, Pub, Grill, Arcade, Live Music and well stocked liquor store!

Details

MLS#606653
Listing TypeFor Sale
Building NameOverseas Pub & Grill
Sub-TypeResale
StatusActive
Year1953
Days On Site220
Listing Provided ByRE/MAX Keys Connection (KW) | Curtis A Skomp, CCIM

Features

Bed(s)5
Bath(s) 4 Total
SQ Feet7,706
Story(s)2
Building(s)2
ZoningMU - Mixed Use
Acreage0.92

Market Activity 33050

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.

The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Coldwell Banker Schmitt are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.

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Learn More About This Property

StateFL
CountyMonroe
CityMarathon
Zip Code33050
Area13 7 Mile Bridge to Sombrero Bch Rd E & W
Community NameMarathon Beach (49.0)
Listing VS Median (in Marathon Beach (49.0))
Price:
$4,800,000
low | high
Med:
$4,800,000
50% of Average
SqFt:
7,706
low | high
Med:
7,706
50% of Average
$ / SqFt:
$623
low | high
Med:
$623
50% of Average
On Site:
220
low | high
Med:
220.000000
100% of Average
Sourced by Back At You
Listing Updated: January 16, 2024 at 3:56:11 PM PST