Commercial Land at CRAINS SUBD in Marathon

$7,000,000

Brickellsold Estimate* (fallback: list price)$7,000,000 (list price)

Listing courtesy of Compass Florida, LLC; Iliana Abella. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.

For Sale
bedrooms

n/a

bathrooms

n/a

Square Footage

n/a

Type of Property

Commercial Land

Details

Overview

Taxes
$4,222/yr

Description

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.

This home located at 57478 Overseas Hwy, Marathon FL 33050 is currently for sale and has been available on Brickellsold for 226 days. This property is listed at $7M. It has N/A beds, N/A bathrooms, and is N/A square feet. 57478 Overseas Hwy, Marathon FL 33050 is in Marathon county Monroe County.

Interior

Features
  • Flooring:
  • Common walls with other units/homes:
Heating
Cooling
Appliances

Property

Parking
  • Parking Features:
Parcel Number
00374650-000000
Features
  • Entry location:
  • Exterior Features:
  • View Description:

Construction

Property subtype
null, Commercial Land
Materials
Condition

    Community & HOA

    Community
    • Security Features:
    • Subdivision: CRAINS SUBD
    HOA
    • Amenities:
    Region
    Marathon

    Financial

    Taxes
    $4,222/yr
    On Market Date
    1/11/2026
    Listing Terms
    All Cash, Conventional

    Metadata

    Added
    1/12/2026
    Updated
    8/26/2026
    MLS#
    A11940104
    Days on Market
    226
    Listed By
    Compass Florida, LLC
    Originating MLS
    A-Miami Association of REALTORS

    Map

    Price History

    EventPriceDate
    Original list price$11,500,000Jan 12, 2026
    Price change$10,500,000Jul 8, 2026
    Current list price$7,000,000Jul 8, 2026

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