albert smith realtor
Save
Ask
Tour
Hide
Share
$3,300,000
111 Days On Site

1240 Overseas Highway
Marathon, FL

For Sale|Mixed Use|Active
0
Beds
2
Total Baths
2,192
SqFt
$1,505
/SqFt
1976
Built
County:
Monroe
Call Now: 561-351-5096
Is this the listing for you? We can help make it yours.
561-351-5096
1240 Overseas Highway1240 Overseas Highway1240 Overseas Highway1240 Overseas Highway
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$15,056
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$3,300,000
Days On Site 
111 Days
Bedrooms 
N/A
Inside Area (SqFt) 
2,192 sqft
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1 Acre
Year Built 
1976
MLS® Number 
R11132930
Status 
Active
Property Tax 
$12,445.4
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 months agoPrice changed to $3,300,000
2 months agoListing updated with changes from the MLS®
4 months agoStatus changed to Active
4 months agoListing first seen on site
General Features
Acres 
1
Levels 
One
Property Sub Type 
Mixed Use
Security 
Smoke Detector(s)Security SystemFire AlarmFire Sprinkler System
Sewer 
Public Sewer
SqFt Total 
2192
Water Source 
Public
Zoning 
MU
Interior Features
Cooling 
Central AirOther
Flooring 
ConcreteVinyl
Heating 
Other
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
BlockFrame
Roof 
Aluminum
Community Features
Financing Terms Available 
Conventional
MLS Area 
5940 - Other Florida County
Listing courtesy of Coldwell Banker Schmitt RE Co



All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. (a Flex MLS feed)
Last checked: 2026-01-31 05:24 PM UTC

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share