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$10,500,000143 days on marketActive

57478 Overseas Highway, Marathon, FL 33050

Marathon, FL 33050
0
Sq Ft
6 acres
Lot Size

Listing Snapshot

List Price$10,500,000
Beds0
Baths0
Living Area0 sqft
Lot Size6 acres
Property Tax$4,222/yr
MLS #1150828533
StatusActive
Days on Market143

About This Home

Rare oceanfront development opportunity in the heart of the Florida Keys.Encompassing nearly 6 acres of pristine oceanfront land in Grassy Key, this exceptional parcel presents an ideal canvas for developers seeking to create luxury residential units with direct oceanfront and beach access.Surrounded by unspoiled natural beauty and tranquil beaches, the property offers immediate proximity to shopping, fine dining, spas, marinas, and world-class boating. Residents will enjoy unparalleled access to deep-sea fishing, scuba diving, snorkeling, and vibrant coral reefs, all set against the backdrop of the Keys’ iconic turquoise waters.Located in Marathon, often referred to as the Heart of the Florida Keys, the site benefits from a highly desirable central Keys location, conveniently positioned between the Upper Keys—such as Islamorada—and the Lower Keys, including Key West. Marathon is known for its rich maritime history, local airport, and accessibility, serving as a central hub comprising islands such as Vaca Key, Duck Key, and Grassy Key.A truly rare offering combining scale, location, and oceanfront presence—an exceptional opportunity to develop a legacy project in one of Florida’s most coveted coastal destinations.Please read the broker's remarks for detailed information on this offering.

General Features

Property Type
Land
Sub-type
UnimprovedLand
Zoning
SC
Utilities
None,Other,SewerAvailable
Subdivision
CRAINS SUBD

Interior Features

Exterior Features

Lot Features
TwoToThreeAcres,FiveToTenAcres
View
Beach
Waterfront
Yes
Waterfront Features
BeachAccess,DeededAccess,OceanAccess,OceanFront,Other

Community Features

MLS Area
5940 - Other Florida County

Schools

ElementaryStanley Switlik
MiddleMarathon
HighCoral Shores

Map

Virtual Tour

View Virtual Tour
Listed by Iliana Abella · Compass Florida, LLC
MLS# 1150828533 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

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Estimate Your Payment

$

20% down · Loan: $8,400,000

%
Est. Monthly$57,655
Principal & Interest$57,303
Property Tax$352

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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