Mixed Use For Sale
1240 Overseas Highway, Marathon, FL 33050

$3,500,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:R11132930
  • Virtual Tour: YES
  • List Price: $3,500,000
  • Taxes:$12,445
  • Year Built:1976
  • Waterfront:YES
  • Listing Date:October 16, 2025
  • Days On Market:37

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.

Features


  • Waterfront:Bayfront, NavigableWater, Seawall
  • Floor:Concrete, Vinyl
  • Exterior Feature:

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker