1240 Overseas Highway, Marathon, FL, 33050
1240 Overseas Highway, Marathon, FL, 33050
$3,300,000
Basics
- Listing updated: February 04, 2026 at 10:13 am
- Days on Сomwire: 141
- Year built: 1976
- Status: Active
- Price per sqft: $1,505.47
- Date added: October 16, 2025 at 3:25 pm
- Building size (SF): 2192.00 sq ft
- Acres: 1.00 sq ft
- For Sale: Yes
- For Lease: No
- Listing Office Name: Coldwell Banker Schmitt RE Co
Description
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Description:
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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Location
- County: Monroe
- State: FL
- City / Department: Marathon
- Legal Description: 8 66 32 HOG KEY PT GOVT LT 1 AND ADJ PT ST RD 5 OR375-561 OR459-468/70 OR517-304 OR697-669 OR755-461 OR755-958 OR766-810
- Zoning: MU
- Land Use: Income,Mixed,Retail
- Parcel ID: 00101720000000
- Waterfront Details: Basin,Bay,Navigable,Seawall
- Utilities: Electric, Municipal Water, Public Sewer
Building Details
- Type: Mixed Use
- Building Type: Marina, Restaurant
- Heating: Other
- Construction: CBS, Frame
- Floor covering: Concrete, Vinyl Floor
- Roof: Aluminum
- Real Estate Taxes: $12,445.40
- Tax Year: 2024
- Cooling: Central,Other
- Docs Available: Occupational License
- Info Available: Books & Records,Deed,Equipment Inventory,Full Financials,Owner managed,Photos
Additional Info
- Listing Agent: Elizabeth Jolin
- Listing Agent Phone: (305) 393-0994
- Listing Office: Coldwell Banker Schmitt RE Co
- MLS ID: RX-11132930
- MLS Source: Realtor Association of the Palm Beaches (RAPB)
Website provided by Comwire Realty. Data provided by The Beaches MLS, though FLEXMLS.
The data is obtained from various sources and may not have been verified by the broker or the MLS.