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3574 Overseas Highway 1-7
Marathon FL 33050 US

$4,800,000

Active Listing ID 606653
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5 bed
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4.00 Bath (2 Full Bath , 2 Half Bath)
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Other

$4,800,000

Active Listing ID 606653
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3574 Overseas Highway 1-7 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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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • 1/2 Bathrooms: 2
  • Floor Covering: Other
  • Roof Type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 4800000
  • unparsedaddress: 3574 Overseas Highway
  • unitnumber: 1-7
  • postalcity: Marathon
  • stateorprovince: FL
  • country: US
  • postalcode: 33050
  • bathroomsfull: 2
  • bathroomshalf: 2
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingareaunits: Square Feet
  • latitude: 24.712553
  • longitude: -81.091911
  • listagentfullname: Curtis A Skomp, CCIM
  • listagentemail: cskomp@remax.net
  • listagentkey: 3yd-KWARFL-20080326131326952342000000
  • listagentmlsid: 20080326131326952342000000
  • listagentofficephone: 3052961400
  • listofficekey: 3yd-KWARFL-20140117221141631400000000
  • listagentstatelicense: 586474
  • listofficemlsid: 20140117221141631400000000
  • disclaimer: Copyright © 2024 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: KWARFL
  • yearbuilt: 1953
  • listagenturl: http://www.FloridaKeysCommercial.com
  • countyorparish: Monroe
  • parcelnumber: 00336920-000000
  • appliances: Dishwasher, Range, Refrigerator, Washer
  • flooring: Other
  • numberofunitstotal: 0
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Guest
  • roof: Other
  • view: Water
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -81.091911, 24.712553
  • customfields: {"AlternatePrices":[], "Expenses":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://listings.listhub.net/pages/KWARFL/606653/?channel=rexren", "LeadRoutingEmail":"cskomp@remax.net", "BrokerName":"Internet Realty/Florida Keys Inc (KW)", "ListingTitle":"Bar, Restaurant, Retail - Marathon, FL", "ListOfficeBrokerMlsId":"20080326131326952342000000", "ListOfficeEmail":"cskomp@remax.net", "ListOfficeAddress1":"517 DUVAL STREET", "ListOfficeAddress2":"SUITE 200", "ListOfficeCity":"Key West", "ListOfficePostalCode":"33040", "ListOfficeStateOrProvince":"FL", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Internet Realty/Florida Keys Inc (KW)", "ListBrokeragePhone":"(305) 745-9088", "ListBrokerageEmail":null, "ListBrokerageWebsiteUrl":"http://www.", "ListBrokerageLogoUrl":null, "ListBrokerageUnparsedAddress":"24752 Overseas Hwy", "ListBrokerageUnitNumber":null, "ListBrokerageCity":"Summerland Key", "ListBrokerageStateOrProvince":"FL", "ListBrokeragePostalCode":null, "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-01-16T14:20:25Z", "Neighborhoods":[{"Name":"13 - 7 Mile Bridge to Sombrero Bch Rd E & W", "Description":null}], "Taxes":[{"TaxYear":"2022", "TaxAnnualAmount":22712.58, "TaxDescription":null}]}
Listing Changed: 3/26/2024 1:51:09 PM GMT
Source Updated Date: 4/29/2024 6:53:03 AM GMT

Courtesy of: Curtis A Skomp, CCIM, RE/MAX Keys Connection (KW), cskomp@remax.net

Copyright © 2024 Key West Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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