About This Home

This 0-bedroom, 1-bathroom commercial at 38 Coco Plum Drive in Marathon, FL is listed for $4,950,000 ($910 per sqft). Built in 1994, the home offers 5,439 sqft of living space on a 0.69 acres lot.

Key Features

  • Built in 1994
  • 0.69 acre lot
  • Waterfront

Property Details

1 story
1 full
1994

Amenities

WaterfrontView
Listing Description

Exceptional commercial waterfront opportunity in the heart of Marathon. This prime commercial property consists of five contiguous lots totaling approximately 30,000 square feet, with 300' on Coco Plum Dr and 300 feet of waterfront. The property includes 18 boat slips with a control depth of approximately 5 feet, offering outstanding maritime access and functionality.

Zoned MU-M (Multi-Use Maritime), this versatile zoning allows for a broad range of uses including maritime industry operations such as fishing equipment sales and service, seafood processing, marine-related manufacturing, and boat storage. Additional permitted uses include retail, restaurant, affordable housing, and residential development, making this a uniquely flexible investment property.

Parcel IDs include: 00362930, 00362940, 00362950, 00362960, and 00362970. The seller will provide a complete list of all personal property included in the sale, including major furniture, fixtures, and equipment. This is a rare opportunity to acquire a substantial, high-exposure commercial property with extensive waterfront and mixed-use potential in one of the most desirable areas of the Florida Keys.

Monthly Cost Estimate

$26,474/mo

20% down · 6.5% · 30 years

Principal$3,580
Interest$21,450
Insurance$1,444

Estimates only. Actual payments may vary.

Location

38 Coco Plum Drive

Marathon, FL 33050

Coco Plum Beach (54.5)

Property Details

Flooring

Concrete

Construction

CBS

Views

Water

Appliances

Refrigerator

Questions & Answers

This 0-bedroom, 1-bathroom commercial at 38 Coco Plum Drive is listed at $4,950,000 ($910/sqft). The estimated monthly payment is $26,474 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1994, 0.69 acre lot, Waterfront.

This property is listed by Curtis Skomp.

CS

Curtis Skomp

License 3350136

Agent at RE/MAX All Keys Real Estate

Listed by RE/MAX All Keys Real Estate · Broker phone: (305) 451-0060 · Broker website

MLS# 614960· Source: Florida Keys Board of REALTORS®· 538 days on PropertySimple

Copyright © 2026 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

38 Coco Plum Drive, Marathon, FL 33050

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