6950 Overseas Highway

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6950 Overseas Highway

MARATHON, FL 33050
Asking Price
$2.20M
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land parcel listed for sale at $2,200,000
  • Located at 6950 Overseas Highway in Marathon, Florida
  • Direct frontage on the primary Florida Keys transit route
  • Strategic position within the middle Keys commercial market
  • Suitable site for diverse commercial and retail development

What's Special

Priced at $2,200,000, this commercial land parcel occupies a prominent position at 6950 Overseas Highway in Marathon, Florida. The property benefits from its direct frontage along the primary artery of the Florida Keys, facilitating consistent visibility and accessibility for regional traffic moving throughout Monroe County. This location serves the unique coastal market of the middle Keys, an area defined by steady tourism, marine-based industries, and a resilient local economy driven by outdoor recreation and hospitality services. Developing this site offers potential for a variety of commercial enterprises seeking to establish a presence within the island chain. The dimensions and strategic positioning of the land support diverse use cases, ranging from specialized retail and professional services to ventures catering to the local visitor population. Investors and developers will recognize the long-term utility of securing a commercial footprint in this high-barrier-to-entry geography, where land availability remains inherently limited and highly valued.

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NOI
$80,000
Cap Rate
3.64%
DSCR
0.61
Underwater
Cash-on-Cash
-7.67%
Monthly Payment
$10,884.4
Annual Cash Flow
$-50,612.796

Location & Travel Times