75131 Overseas Highway, ISLAMORADA, FL

$6,995,000

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3

Beds

3

Baths

1,500

Square feet

1.10

Acres

About 75131 Overseas Highway

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

Features of 75131 Overseas Highway

MLS® # 608546
Price $6,995,000
Bedrooms 3
Bathrooms 3.00
Full Baths 3
Square Footage 1,500
Acres 1.10
Year Built 1957
Type Residential
Sub-Type Single Family
Style Ground Level
Status Active

Community Information

Address 75131 Overseas Highway
Area 22 - Lower Matecumbe
Subdivision Mat Ocean Beach (75.0)
City ISLAMORADA
County Monroe
State FL
Zip Code 33036

Amenities

Utilities FKAA, Municipal Sewer
View Ocean View
Is Waterfront Yes
Waterfront Oceanfront
Has Pool No

Interior

Appliances No Appliances
Fireplace No

Exterior

Lot Description More than 1 Lot
Construction Poured Concrete Cnst

Additional Information

Date Listed February 5th, 2024
Days on Market 75
Zoning R1 - Residential Single Family
Short Sale No
RE / Bank Owned No
HOA Fees 0.00

Listing Details

AgentRandy Selden
OfficeCentury 21 Circle

Listing Map

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