59073 Overseas Hwy, Marathon, FL 33050

For registration requirements and regulations, please review here or contact Bianca Diorio | 954-302-3810 | [email protected].

Grassy Key Marina at 59073 Overseas Hwy, Marathon, FL 33050 presents a rare opportunity to acquire a full-service marina and mixed-use waterfront asset in the heart of the Florida Keys. Situated on 2.7 acres with approximately 22,000 SF of improvements, the property offers exceptional visibility along US-1 and a compelling value-add or redevelopment opportunity. This unique offering includes 110 indoor and outdoor dry rack storage spaces, 33 wet slips, 78 trailer storage spaces, a convenience store with rental income, maintenance and storage areas, office space, and four studio apartments generating approximately $5,950 per month. A tiki hut overlooking the Gulf of Mexico, charter fishing and boat rental tenants, and proximity to affluent Duck Key further enhance the marina’s appeal. As the only full-service marina on Grassy Key, the property benefits from limited competition and substantial upside through improved occupancy, expanded marine services, and rental rate growth. Recent capital improvements, including a new roof and storage upgrades, position this award-winning marina for its next phase of growth!

• Non-Contingent
• Earnest Money Deposit: Greater of $20,000 or 10% of the Purchase Price
• Marketing Fee: 3% of the Winning Bid Amount, $20,000 minimum
• $10,000 Participation Deposit

59073 Overseas Hwy, Marathon, FL 33050