Driftwood Marina 20 Acre 13900 Overseas Hwy 300 SF 100% Leased Industrial Building Marathon, FL 33050 $17,684,029 CAD ($58,946.76 CAD/SF) 1.23% Cap Rate

REDUCED! This oceanfront property in Marathon, Florida, presents a rare investment opportunity for buyers seeking a waterfront business asset in the Florida Keys. Spanning approximately 21 acres with direct access to the Atlantic Ocean, the property includes a marina and storage facility that has served the area for years. It is now ready for redevelopment or repositioning to meet the growing demand for hospitality and marine services in this thriving destination.
The site offers significant potential for creating a mixed-use waterfront destination, including a modern marina, boat storage, and a boutique hotel to cater to the steady influx of visitors to Marathon. With its prime location along Overseas Highway, the property benefits from strong visibility and accessibility, making it an attractive option for investors looking to capitalize on the region’s tourism-driven economy.
Existing infrastructure includes a floating dock, storage containers, and essential utilities, providing a foundation for redevelopment. Positioned in a flood zone AE with Gulf and ocean views, this property combines natural beauty with business potential, offering a unique opportunity to create a landmark waterfront project in the Florida Keys.