- For Sale $3,300,000
- Property Type Other
- # of Floors 1
- Year Built 1976
- Date Updated May 16, 2026
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.
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Contacts
Elizabeth Jolin
Coldwell Banker Schmitt Real Estate Co.
Location
Located at 1240 Overseas Hwy, Marathon, FL 33050, this property is part of the Riggs neighborhood.
Contact Listing Broker
Elizabeth Jolin
Coldwell Banker Schmitt Real Estate Co.