$6,995,000
 $37,551 forsale estimated payment Sourced by Back At You

75131 Overseas Highway , ISLAMORADA, FL 33036

ISLAMORADA, FL 33036

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Description

Beautiful 300' of oceanfront property on Lower Matecumbe Key. This offering consists of two 100' lots, vacant & contiguous, a 100' lot with a triplex apartment building, and 2 additional Transferable Development Rights. This gives you endless possibilities for redevelopment of the property. The two vacant lots have 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: 300' of oceanfront made up of 2 vacant lots, 1 lot with 3 apartments, bay bottom on the vacant lots, and 2 additional transferable building rights. Note: One of the owners is a State of Florida Real Estate Licensee

Details

Mls608546
Listing TypeFor Sale
StyleDetachd
SubtypeResale
StatusActive
Year1957
Days On Site309
Listing Provided ByCentury 21 Circle | Randy Selden

Features

Beds3
Baths 3 Total
Sq Feet1,500
Units3
ZoningR1 - Residential Single
Acreage1.10
Water FrontYes
Property ViewOcean

Market Activity 33036

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.

The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Coldwell Banker Schmitt are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.

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Learn More About This Property

StateFL
CountyMonroe
CityISLAMORADA
Zip Code33036
Area22 Lower Matecumbe
Community NameMat Ocean Beach (75.0)
Listing VS Median (in Mat Ocean Beach (75.0))
Price:
$6,995,000
low | high
Med:
$3,987,500
92.994996426019% of Average
SqFt:
1,500
low | high
Med:
2,120
8.666666666667% of Average
$ / SqFt:
$4,663
low | high
Med:
$1,921
100% of Average
On Site:
309
low | high
Med:
12.000000
100% of Average
Sourced by Back At You
Listing Updated: October 22, 2024 at 10:26:33 AM PDT