1240 Overseas Highway

$3,500,000

1240 Overseas Highway, Marathon, FL 33050

For Sale

Mixed Use

Active

Last Updated: 10/17/2025

Details:

Year Built: 1976

Zoning: MU

Roof: ["Aluminum", "Other"]

Floor: ["Concrete", "Vinyl Floor"]

Restrooms: 2

Cooling: []

Offered by

Elizabeth Jolin

Schmitt Real Estate Co.

Request Info to Unlock

Highlights:

Building Area: 2192.0

Description:

Multi-Parcel Waterfront Offering Iconic 7 Mile Grill

This rare multi-parcel package in Marathon, FL combines an iconic waterfront restaurant, residential property, development rights, and dockage.

1240 Overseas Hwy is home to the renowned 7 Mile Grill. Operating with a transferable beer and wine license, the operation serves year round breakfast, lunch and dinner.

A transferable submerged land lease allows for continued use of the 129' of waterfront for boating access.

The parcel carries an additional development right for a single-family home and included in the sale is an additional single-family home with 4 beds/1 bath (1230 Overseas Hwy).

The US1 front exposure offers exceptional exposure.