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$3,500,000
15 Days On Site
1240 Overseas HighwayMarathon, FL 33050
For Sale|Mixed Use|Active
0
Beds
0
Total Baths
1976
Built
County:
Monroe
Call Now: (561) 421-3211
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(561) 421-3211
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Monthly Payment (Est.)
$15,968Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.
Multi-Parcel Waterfront Offering Iconic 7 Mile GrillThis rare multi-parcel package in Marathon, FL combines an iconic waterfront restaurant, residential property, development rights, and dockage. 1240 Overseas Hwy is home to the renowned 7 Mile Grill. Operating with a transferable beer and wine license, the operation serves year round breakfast, lunch and dinner. A transferable submerged land lease allows for continued use of the 129' of waterfront for boating access.The parcel carries an additional development right for a single-family home and included in the sale is an additional single-family home with 4 beds/1 bath (1230 Overseas Hwy).The US1 front exposure offers exceptional exposure.
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Listing Snapshot
Price
$3,500,000
Days On Site
15 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
1 Acre
Year Built
1976
MLS® Number
R11132930
Status
Active
Property Tax
$12,445
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 2 weeks ago | Status changed to Active | |
| 2 weeks ago | Listing first seen on site |
General Features
Acres
1
Levels
One
Property Sub Type
Mixed Use
Security
Security SystemFire Sprinkler SystemSmoke Detector(s)
Sewer
Public Sewer
Utilities
Electricity AvailableSewer AvailableWater Available
Zoning
MU
Interior Features
Cooling
Central AirOther
Flooring
ConcreteVinyl
Heating
Other
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Exterior Features
Construction Details
BlockFrame
Lot Features
Waterfront
Roof
Aluminum
Waterfront
Yes
Waterfront Features
BayfrontNavigable WaterSeawall
Community Features
Financing Terms Available
Conventional
MLS Area
5940
Listing courtesy of Coldwell Banker Schmitt RE Co
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2025 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2025-10-27 08:42 PM UTC
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2025 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2025-10-27 08:42 PM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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