3574 Overseas Highway 1-7, MARATHON, FL 33050
  • MLS#: 606653 ( Restaurant,Bar,Retail )
  • Street Address: 3574 Overseas Highway 1-7
  • Viewed: 3
  • Price: $4,800,000
  • Price sqft: $0
  • Waterfront: No
  • Waterfront Type: None
  • Year Built: 1953
  • Bldg sqft: 0
  • Bedrooms: 5
  • Total Baths: 4
  • Full Baths: 2
  • 1/2 Baths: 2
  • Additional Information
  • Geolocation: 24.7123 / -81.0919
  • County: MONROE
  • City: MARATHON
  • Zipcode: 33050
  • Subdivision: Marathon Beach (49.0)
  • Provided by: RE/MAX Keys Connection (KW)
  • Contact: Curtis A Skomp, CCIM
  • (305) 296-1400
  • Florida Keys Board of REALTORS
  • DMCA Notice
  • 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!
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Features
Waterfront Description
  1. None
Add L Parcel Num1
  1. 00336860-000000
Alternate Key Num
  1. 1414581
Appliances
  1. Refrigerator
  2. Dishwasher
  3. Range
As Is Rght To Inspct
  1. Yes
Association Info 1st Right Of Refusal
  1. No
Association Info Mandatory Home Owners Asc
  1. No
Construction
  1. CBS
Cooling
  1. Central Air
Dockage
  1. None
Electric
  1. Three Phase
Fee Includes
  1. None
Flood Zone
  1. AE
Floor
  1. Other
Legal Description
  1. BK 4 PT LT 4 AND ALL LTS 8 -9-10 AND PT LT 11 AND ADJ PORTION OF OLD STATE RD 4A MARATHON BEACH SUB PB2-16 G58-240/41 O
Limitd Reprsntation
  1. No
Mile Marker
  1. 49.00
Miscellaneous
  1. Security System
  2. Highway Frontage
  3. High Visibility
  4. High Traffc Location
  5. Manager on Premises
  6. Handicap Access
Net Leasable Area
  1. 7706.00
Num Stories
  1. 2.0
Parcel Num
  1. 00336920-000000
Property Group Id
  1. 19990816212135227274000000
Property Type
  1. Restaurant
  2. Bar
  3. Retail
Roof
  1. Other Roof
Shutters
  1. Other
Side
  1. Ocean
Sqft Source
  1. Property Data Card
Style
  1. Commercial
Tax Year
  1. 2022
Taxes
  1. 22712.58
Total Number Of Units
  1. 0.00
Unit Number
  1. 1-7
Utilities
  1. Municipal Sewer
  2. Buyer to Verify
Vehicle Storage
  1. Guest Parking
  2. Off Street Parking
Water View
  1. No Waterview
Windowsdoors
  1. Other Windows/Doors
Year Built
  1. 1953
Year Established
  1. 1936-12-31
Zoning
  1. MU - Mixed Use Commercial Mixed Use
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Headshot for Associate Krista Plagge
  1. Krista Plagge, REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 813.285.1702
  4. krista@homeguidetampa.com