About 82929 Overseas Highway
Prime Redevelopment Opportunity in the Heart of IslamoradaA rare investment in paradise! This one-of-a-kind property, made up of three parcels located at 82925, 82929, and 82935 Overseas Hwy, presents a developer's dream in the heart of Islamorada. Currently featuring a mix of mobile homes, multiple apartments, and a commercial building, the property is zoned Village Center, allowing for a broad range of redevelopment possibilities. Islamorada Village Planning Department recognizes 8 Market Rate Development Rights and 1 commercial building boasting 3,312 nonresidential SF with attached work yard.At the gateway to Islamorada, this prime location offers an unparalleled welcome to all Islamorada has to offer including world-class fishing, dining, diving, and shopping. Find a win through thoughtful investment in the charmed Islamorada real estate market.
Features of 82929 Overseas Highway
| MLS® # | 614467 |
|---|---|
| Price | $5,500,000 |
| Bathrooms | 0.00 |
| Year Built | 1963 |
| Type | Commercial Sale |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 82929 Overseas Highway |
|---|---|
| Area | 23 - Upper Matecumbe |
| Subdivision | Ocean View (82.5) |
| City | ISLAMORADA |
| County | Monroe |
| State | FL |
| Zip Code | 33036 |
Amenities
| Utilities | FKAA, Separate Meters, Buyer to Verify, Municipal Sewer |
|---|---|
| Parking | Off Street Parking |
| View | No Waterview |
| Is Waterfront | No |
| Waterfront | None |
Exterior
| Lot Description | 1/2 - Less Than 1 AC |
|---|---|
| Construction | Concrete, Manufactured |
Additional Information
| Date Listed | April 4th, 2025 |
|---|---|
| Days on Market | 212 |
| Zoning | VC - Village Center |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Elizabeth Jolin |
|---|---|
| Office | Coldwell Banker Schmitt Islamorada |