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75700 Overseas Highway, ISLAMORADA, FL

$3,960,000 - 24 Beds - 32 Baths - 20,856 Sqft - 1.4 Acres

Buildable multi-family property with 8 townhomes proposed. The 8 townhomes are designed to be 3 Bedroom / 4 bathroom units on the bay. Currently there are two structures on property which have hotel rights.The large 1.4 acre property, stretching from US1 to the bay, features a protected cove and there are plans to include a long finger dock. Plans and building rights convey with a sale. Buyer to verify.Blueprints are available for viewing and download in the document tab in this listing. This is a great opportunity for a builder/developer. Opportunity exists to purchase the corporation shares which may convey advantageous rental rights for this property. Buyer to verify.

Essential Information

For 75700 Overseas Highway, ISLAMORADA, FL
  • MLS® # 585223
  • Price $3,960,000
  • Bedrooms 24
  • Bathrooms 32.00
  • Full Baths 32
  • Square Footage 20,856
  • Acres 1.40
  • Year Built 1954
  • Type Residential
  • Sub-Type PreConstruction
  • Status Active

Community Information

For 75700 Overseas Highway, ISLAMORADA, FL
  • Address 75700 Overseas Highway
  • Area 22 - Lower Matecumbe
  • Subdivision Matecumbe Ocean Bay (75.0)
  • City ISLAMORADA
  • County Monroe
  • State FL
  • Zip Code 33036

Amenities

For 75700 Overseas Highway, ISLAMORADA, FL
  • Amenities Other Area Features
  • Utilities Buyer to Verify
  • View Ocean View, Bay/Gulf View
  • Is Waterfront Yes
  • Waterfront Bay Front

Exterior

For 75700 Overseas Highway, ISLAMORADA, FL
  • Lot Description 1 Less Than 2 Acres
  • Construction Other Construction

Additional Information

For 75700 Overseas Highway, ISLAMORADA, FL
  • Date Listed April 15th, 2019
  • Days on Market 152
  • Zoning MF - Multi-Family Attached
  • HOA Fees 0.00

Listing Details

For 75700 Overseas Highway, ISLAMORADA, FL
  • Agent John Gallant
  • Office Blue 9 Realty, Inc.

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