About 1240 Overseas Highway
Multi-Parcel Waterfront Offering Iconic 7 Mile Grill This 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.
Features of 1240 Overseas Highway
| MLS® # | R11132930 |
|---|---|
| Price | $3,300,000 |
| Bathrooms | 2.00 |
| Acres | 1.00 |
| Year Built | 1976 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 1240 Overseas Highway |
|---|---|
| Area | 5940 - Other Florida County |
| City | Marathon |
| County | Monroe |
| State | FL |
| Zip Code | 33050 |
Interior
| Heating | Other |
|---|---|
| Cooling | Central Air, Other |
Exterior
| Roof | Aluminum |
|---|---|
| Construction | Frame, CBS |
Additional Information
| Zoning | MU |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Coldwell Banker Schmitt RE Co |
|---|
