Remarkable opportunity to build a direct highway frontage commercial building in the heart of the Keys! This could be an owner occupied business or investment property. Current plan is for a 2700sqft building with drive through. Previous plans called for five units of 1000sqft (retail & professional services) in one building for a total of 5,000sqft. Owner is also open to a ground lease depending on terms. Residential TBR that was connected to this lot has been split off and sold. This listing is for the lot only. Phase 1 complete, ready for your buildout! Do not walk property, it is fenced/locked.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,934
Per Month
Principal & Interest
$4,867
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,990
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Stanley Switlik Elementary School
3400 Overseas Hwy
Distance between this listing and this school3.96 miles
Public District Grades PK-5
5
/10
Big Pine Academy
30220 Overseas Hwy
Distance between this listing and this school20.91 miles
Public Charter Grades PK-5
We're sorry, we currently don't have middle school data for this listing.
Nearby Schools
4
/10
Marathon Middle High School
350 Sombrero Beach Rd
Distance between this listing and this school3.26 miles
The neighbors living near this home have an average income of $63,026. Most Marathon, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 11300 Overseas Hwy
What is the listing price of this property?
The listing price of 11300 Overseas Hwy property is $975,000.
What type of property is this?
The property 11300 Overseas Hwy is land located in Marathon, Florida, 33050.
Is this property for sale now?
Active Listing: 11300 Overseas Hwy is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $5,898 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 11300 Overseas Hwy in Marathon, FL and zip code 33050. This home sits on a 0.32 acre lot. It has been listed on Rocket Homes since May 09, 2024 and is currently priced at $975,000.
Marathon, FL housing market in October 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 1 sold below. In October 2024 in Marathon, FL there were 9.1% more homes for sale than in September 2024. Listings spent 49 days on the market in October 2024, and had a median list price of $825,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Hiking/backpacking
Hiking/backpacking
Horse Races
Continuing Education Courses
Nordstrom Rack
Stein Mart
Express/Express For Men
Chipotle
LongHorn Steakhouse
Qdoba
Mazda
Buick
Volkswagen
Rock
Contemporary Inspirational
Urban Contemporary