Basic Information
- MLS # RX-11132930
- Type Commercial
- Year Built 1976
- Total Size 43,560 Sq.Ft / 1 Acre
- Date Listed 10/15/2025
- Days on Market 113
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.
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description
Interior Features
- Adjusted Sqft 1 AcreSq.Ft
- Sqft 1 Acre Sq.Ft
Property Features
- Aprox. Lot Size 43,560
- Furnished Info No
- Short Sale Regular Sale
- Subdivision Complex
- Subdivision Info
- Tax Amount $12,445
- Tax Year 2024
1240 Overseas
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coldwell Banker Schmitt RE Co. tel: (305) 743-5181
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