$3,500,000 USD

Commercial for Sale, 1240 Overseas Highway, Marathon, Florida 33050

  • MLS#RX-11132930
  • 2
  • 204 m² (2,192 ft²)

Listed By Coldwell Banker Schmitt RE Co

The Commercial Property for Sale located at 1240 Overseas Highway, Marathon, Florida 33050 is currently for sale. 1240 Overseas Highway, Marathon, Florida 33050 is listed for $3,500,000. This property has 2 bathrooms.

Date Updated : Oct 17, 2025
Shelia Gasson
Compass Florida, LLC

Property features

Property

  • Property size: 204 m² (2,192 ft²)
  • Location: Waterfront

Lot/Land

  • Land/Lot size: 4,047 m² (1 ac)

Construction

  • Year built: 1976
  • Roofing: Aluminium
  • Construction: FrameCbs Construction

Bathrooms

  • Total bathrooms: 2

Interior Features

  • Floors: VinylConcrete

Water and Boating

  • Water: Sea WallBay
  • Boating: Navigable

Security

  • Features: Sprinkler SystemAlarm SystemFire/SmokeSmoke Detector

Heating and Cooling

  • Cooling system: Central

Utilities

  • Other utilities: Public Sewer

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.

Location

1240 Overseas Highway, Marathon, Florida 33050

1240 Overseas Highway, Marathon, Florida 33050