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75131 Overseas Highway, Islamorada, FL 33036

$6,495,000
  • 75131 Overseas Highway, Islamorada, FL 33036 Main Photo

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Active
BEDS3 BATHS3 full SQUARE FEET1,500 MLS#608546
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONMat Ocean Beach (750)

Property Description

Beautiful 200' of oceanfront property on Lower Matecumbe Key. This offering consists of one 100' lot, vacant with TDR & contiguously, a 100' lot with a triplex apartment building (3 TDRs),.This gives you endless possibilities for redevelopment of the property. The vacant lot has an additional 200' of bay bottom. Fantastic 180 ocean views make for gorgeous sunrises on the naturally sandy beaches. View Alligator Lighthouse, watch dolphins, manatees, and birds feeding on fish right in front of you. At night, beautiful full moon risings, cruise ships with their lights passing, and plenty of stars. Launch kayaks from the beach to do a little tarpon fishing and bonefish are making a comeback so you can wade with your fly rod for a thrill. Also snorkel for lobster in season in all the little crevices and holes off shore of the property.Recap: 200' of oceanfront made up of 1 vacant lot with TDR, 1 lot with 3 apartments, bay bottom on the vacant lot, for a total of 4 TDRs on the propertyNote: One of the owners is a State of Florida Real Estate Licensee

75131 Overseas Highway | MLS# 608546

This single family home located at 75131 Overseas Highway, Islamorada, FL 33036 is currently listed for sale with an asking price of $6,495,000. This property was built in 1957 and has 3 bedrooms and 3 full baths with 1500 sq. ft. Overseas Highway is located in the Mat Ocean Beach (750) subdivision. Search Mat Ocean Beach (750) real estate on www.adamscameron.com today.

Property Features

Property Type: Residential - Single Family
Home Style: Ground Level
Lot Size: 1.10 Acres
Taxes: $27,699
Year Built: 1957

Feature Descriptions

Add. Parcel #1: 00398870-000000
Appliances: No Appliances
Building Above Flood: No
Days on Site: 500
Dockage: None
Exterior: Concrete
Flood Zone: AE elev 11
HOA (1st Right of Refusal) Y/N: No
HOA (Mandatory) Y/N: No
Key/Island: Lower Matecumbe
Listing Board: Florida Keys
Lot Dimensions: 1.10Acre(s)
Parcel #: 00398880-000000
Pets: Pets Allowed
Sewer Hookup: Yes
Tax exemptions: None
Units: 3
Utilities: FKAA, Municipal Sewer
Waterfront: Oceanfront
Waterview: Ocean View
Zoning: R1 - Residential Single Family

Listed By / Shown By

Listed By

Agency Name: Century 21 Circle- Islamorada
Agency Phone: (305) 664-4637

Shown By

Agency Title: Adams Cameron & Co. REALTORS
Agency Phone: 386-253-8044

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Estimated Payment

$ 38,771.74 per month $34,569.12 Principal & Interest $2,308.25 Property Tax $1,894.38 Homeowner's Insurance

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