75131 Overseas Highway, ISLAMORADA, FL

$6,995,000

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48,000

Square feet

About 75131 Overseas Highway

Duplicate Listing, see MLS # 608546. 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 Transferablr 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 dolphin, manatees, and birds 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, plus bonefish are making a comeback so you can wade with your fly rod for a real thrill. also snorkel for lobster in season in all the little crevices and holes offshore of the property. And 2 additional TDRs. Note: one of owners is a State of Florida Real Estate LicenseeRecap: 300' of oceanfront made up of 2 vacant lots with 200' of bay bottom, 1 lot with 3 apartments

Features of 75131 Overseas Highway

MLS® # 608979
Price $6,995,000
Square Footage 48,000
Type Vacant Land
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

View Ocean View
Is Waterfront Yes
Waterfront Oceanfront

Additional Information

Date Listed March 1st, 2024
Days on Market 77
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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