Land for Sale - 57478 Overseas Highway, Grassy Key, FL 33050, US, Marathon, FL 33050 - 5.9 acres

5.9± Acre Oceanfront Development Site and Duplex on a Large 10,591± SF Lot

57478 Overseas Highway, Grassy Key, FL 33050, US, Marathon, FL | Lat/Lng:  24.7534, -80.9636

Auction
5.9 ac.
08/11/2026
ACTIVE
Main Listing ImageMain Listing Image

Description

United States Bankruptcy Auction - Marathon, FL The Final Bid Price for the Property shall be determined by competitive bidding at the Auction. The Property will be offered free and clear of all liens, claims and encumbrances to the highest and best bidder with the highest bid being subject to the Bankruptcy Court’s final approval and acceptance of price, plus the six percent (6%) Buyer’s Premium and is subject to the terms and conditions of the Governing Documents | 2% Broker Participation of the Final Bid Price LIVE ZOOM AUCTION EVENT! Sep 10 @ 11:00am EDT Fisher Auction Company and Compass Florida / The Abella Group are pleased to present a Prime 5.9± Acre Oceanfront Development Site in the Heart of the Florida Keys located on Grassy Key, Marathon, Florida. The Site which has 370± Feet of Breathtaking Ocean Frontage is Conditionally Approved for a 9 Duplex Development planned for 18 Luxury Residential Units with 4 Bedroom, 3 Bathroom Floor Plans and 1,767± Square Feet. Property highlights --Prime Oceanfront Development Site at Grassy Key, Marathon, Mile Marker 57.4 --5.9± acre site conditionally approved for a 9-duplex development, featuring 18 luxury residential units with 4-bedroom, 3-bathroom floor plans and approximately 1,767± sq. ft. each --Located 5 miles from Marathon International Airport and 3 to 9 miles from multiple healthcare facilities and a hospital --Rare investment opportunity to acquire an oceanfront site with multiple development options --Centrally located, approximately 1 hour from Key West and 2 hours from Miami --Water, sewer, and electric utilities available at the site --Approximately 370± feet of ocean frontage with breathtaking views of the Atlantic Ocean --Riparian rights and a pre-existing dock may provide an easier path to dock permitting Don't miss this unique opportunity to build in Marathon, known for its rich maritime history and role as the central hub of the Middle Keys!

Details

CountyMonroe
Zipcode33050
Property Type OneRecreational Property
Property Type TwoResidential Property
Property Type ThreeBeachfront Property
BrokerageFisher Auction Company
Brokerage Linkwww.fisherauction.com
Francis Santos
Fisher Auction Company
(754) 220-4116
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