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Investment Highlights

  • Turnkey medical office space for sale or lease in Marathon, Florida Keys
  • Exam rooms, lab space, medical offices & patient reception areas
  • ± 4,139 SF (Divisible) -- Unit 16 ± 700 SF -- Unit 17 ± 3,440 SF
  • ±4,139 SF healthcare facility with divisible medical office suites
  • Prime Marathon commercial location near airport, retail & dining destinations

Executive Summary

Suite Size: ± 4,139 SF • Unit 16 ± 700 SF • Unit 17 ± 3,440 SF Zoning: MU - Mixed Use Commercial Parking: 14 Spaces @ 1:300 SF Total Building Parking: 60 Spaces Building Area: ± 17,095 SF As Built: Medical Centre Property Taxes: $1,050 per year Operating Expenses: $1,781.00 per month

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 16/17
  • 4,139 SF
  • Office
  • $1,516,834 CAD ($366.47 CAD/SF)
  • $151,683.40 CAD
Sale Type Investment or Owner User
Cap Rate 10.00%
No. Parking Spaces 14
Description
  • ± 4,139-SF “As-Built” Improvements
  • Unit 16: ± 700 SF
  • Unit 17: ± 3,440 SF
  • Units are divisible and contain separate entrances
  •   Fully improved medical suite adaptable for a variety of medical specialties
  • Multiple exam rooms, lab & diagnostic rooms, offices, conference rooms, staff and guest areas
    Suitable for professional offices and retail services in a high-traffic business location
Sale Notes
Exceptional opportunity to acquire or lease a fully built-out medical office in the heart of Marathon, Florida Keys. Located within the established First Professional Centre, this ±4,139 SF healthcare facility features flexible, divisible suites with separate entrances and an existing layout designed for medical, dental, wellness, specialty care, and professional office users. Surrounded by medical providers, professional services, retail amenities, and national brands, the property offers a strategic location just minutes from Marathon International Airport and serves the growing population of year-round residents, seasonal visitors, and businesses throughout the Florida Keys.
Unit Unit Size Condo Use Price NOI
Unit 16/17 4,139 SF Office $1,516,834 CAD ($366.47 CAD/SF) $151,683.40 CAD

Unit 16/17

Unit Size
4,139 SF
Condo Use
Office
Price
$1,516,834 CAD ($366.47 CAD/SF)
NOI
$151,683.40 CAD

Unit 16/17

Unit Size 4,139 SF
Condo Use Office
Price $1,516,834 CAD ($366.47 CAD/SF)
NOI $151,683.40 CAD
Sale Type Investment or Owner User
Cap Rate 10.00%
No. Parking Spaces 14
Description
  • ± 4,139-SF “As-Built” Improvements
  • Unit 16: ± 700 SF
  • Unit 17: ± 3,440 SF
  • Units are divisible and contain separate entrances
  •   Fully improved medical suite adaptable for a variety of medical specialties
  • Multiple exam rooms, lab & diagnostic rooms, offices, conference rooms, staff and guest areas
    Suitable for professional offices and retail services in a high-traffic business location
Sale Notes
Exceptional opportunity to acquire or lease a fully built-out medical office in the heart of Marathon, Florida Keys. Located within the established First Professional Centre, this ±4,139 SF healthcare facility features flexible, divisible suites with separate entrances and an existing layout designed for medical, dental, wellness, specialty care, and professional office users. Surrounded by medical providers, professional services, retail amenities, and national brands, the property offers a strategic location just minutes from Marathon International Airport and serves the growing population of year-round residents, seasonal visitors, and businesses throughout the Florida Keys.

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 17,095 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class C
Floors 1
Typical Floor Size 947 SF
Year Built 1979
Lot Size 1.72 AC
Parking Ratio 3.51/1,000 SF
Zoning INC - Mixed Use Commercial Permitted Uses: • Medical • Professional Offices • Retail & Services

Amenities

  • Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
  • Listing ID: 37922287

  • Date on Market: 2025-10-02

  • Last Updated:

  • Address: 5701 Overseas Hwy, Marathon, FL 33050

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