Active
3574 Overseas Highway Unit: 1-7
Marathon FL, 33050
$4,800,000
$622.89 per sqft
Active
5 Beds
4 Baths
7,706 sqft
Commercial
Built in 1953
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!
606653
MLSⓇ ID
May 16, 2024
Updated
Map
3574 Overseas Highway Unit: 1-7
Marathon FL, 33050
Interior Features
Total Stories
2
Bedrooms
5
Total Bathrooms
4
Full Bathrooms
2
Half Bathrooms
2
Interior Features
Other, Other Windows/Doors
Appliances
Dishwasher, Refrigerator, Range
Floor Description
Other
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.92 Acres
Lot Features
1/2 - Less Than 1 AC
Roof
Other Roof
School Information
School District
Overseas Pub & Grill
Other Property Details
Area Name
13 - 7 Mile Bridge to Sombrero Bch Rd E & W
Taxes
$22,713
Tax Frequency
Annually
Days on Market
140
Association Amenities
None
Garage
No
Parking
Guest Parking, Off Street Parking
View
Yes
View Description
No Waterview
County
Monroe
Pool
No
Zoning
MU - Mixed Use Commercial Mixed Use
Listed by Curtis A Skomp, CCIM with RE/MAX Keys Connection (KW)
Listing Contact:
The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 5/16/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 5/16/2024 at 2:51 PM UTC