Commercial Sale · Retail
, FL, 33050
Active846 days on marketListed Mar 20, 2024MLS #A11554178
About this property
The property at a glance
• 1.03 acres (45,000 SF) on Overseas Highway with 30,500 cars per day • Corner lot with ample parking space • In the center of Marathon • 3,088-SF former restaurant • Leasing rate: $180,000 per year • Next to Marathon International Airport • 230 feet on Overseas Highway
3,088
Building sq ft
$57
Price / sq ft
1.03
Lot acres
1972
Year built
1
Building
SC
Zoning
Retail
Property type
The numbers
Investment snapshot
Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.
Estimated payment (illustrative)
Estimated payment
$2,835/mo
Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Financing
Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Jonathan to connect you with a commercial lender for real numbers.
Your team
The pros in your corner
Your agent
Jonathan Santos
Realtor · CENTURY 21 Edge
Tours, offers, and every question about — start here.
Financing contact
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Ask about commercial financing options for .
See it in person
Schedule a tour
Live availability from Jonathan's calendar — pick a time and it's booked.
Listing courtesy of E. L. S. Realty Corp. · Edward Schmidt. MLS #A11554178.
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