About 74980 Overseas Highway 3
Experience the ultimate Florida Keys lifestyle in this stunning split-level waterfront loft and take advantage of the vacation rental revenue. Ideally located in highly sought-after Lower Matecumbe. This exceptional 5-bedroom, 3-bath residence combines contemporary design with breathtaking water views, creating a truly unique island retreat. The thoughtfully designed layout features three spacious bedrooms on the lower level and two additional bedrooms upstairs, connected by a spectacular modern staircase that serves as a striking architectural centerpiece. Soaring ceilings and expansive windows fill the home with natural light, while the open-concept floor plan seamlessly connects the living, dining, and entertaining spaces. The sleek, modern kitchen is perfectly positioned to serve both everyday living and waterfront gatherings. Generously sized bedrooms and beautifully appointed bathrooms provide comfort and privacy for family and guests alike. Step outside to an impressive 667-square-foot waterfront screened deck overlooking the tranquil lagoon, offering the perfect setting for outdoor dining, entertaining, or simply enjoying the peaceful surroundings. Boaters will appreciate the deep-water dockage featuring a large boat slip and 16k boat lift, with convenient access to both the Atlantic Ocean and Florida Bay. Enjoy stunning views of the bayside lagoon and the ocean, along with world-class fishing, diving, and boating right from your backyard. Additional amenities include covered parking and ample storage space for all your water toys. Offering the perfect blend of modern elegance, waterfront living, and premier boating access, this remarkable Lower Matecumbe property is a rare opportunity to own a piece of paradise in one of Islamorada's most desirable locations. Onsite property management for true peace of mind.
Features of 74980 Overseas Highway 3
| MLS® # | 620271 |
|---|---|
| Price | $1,890,000 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 2,845 |
| Year Built | 1989 |
| Type | Residential |
| Sub-Type | Condominium |
| Status | Active |
Community Information
| Address | 74980 Overseas Highway 3 |
|---|---|
| Area | 22 - Lower Matecumbe |
| Subdivision | Sandglass (74.5) |
| City | Lower Matecumbe |
| County | Monroe |
| State | FL |
| Zip Code | 33036 |
Amenities
| Amenities | Community Dockage, Community Boat Ramp, Manager on Premises, Beach, Bike Paths |
|---|---|
| Utilities | FKAA, Municipal Sewer, Elect Separate Meter |
| Parking Spaces | 4 |
| Parking | Carport, Assigned Parking, Open Parking, Guest Parking, Off Street Parking, RV Parking Open, Trailer Storage, Covered Parking |
| View | Ocean View, Bay/Gulf View, Canal View, Open Water View |
| Is Waterfront | Yes |
| Waterfront | Oceanfront, Bay Front, Canal Front, Open Water |
| Has Pool | No |
Interior
| Interior Features | Drapes/Blinds Incl, Cathedral Ceilings, Entrance Foyer, Built-in Cabinets, Smoke Alarms, Storage, Walk-in Closet(s), Whirlpool Bath Tub, Window Treatments, Bar |
|---|---|
| Appliances | Washer, Dryer, Dishwasher, Refrigerator, Range, Oven, Microwave, Freezer, Ice Machine, Wine Cooler, Stainless Steel Appliance(s) |
| Cooling | Central Air, Ceiling Fans(s) |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior Features | Lighting, Privacy Wall/Fence, Storage |
|---|---|
| Lot Description | 1/2 - Less Than 1 AC |
| Windows | Sliding Glass Doors, Impact Rstnce Window, Impact Rstnce Doors |
| Roof | Metal Roof |
| Construction | CBS, Concrete |
Additional Information
| Date Listed | June 13th, 2026 |
|---|---|
| Days on Market | 6 |
| Zoning | OTH - Other Zoning |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 1300 |
| HOA Fees Freq. | Monthly |
Listing Details
| Agent | Pierre Marc Bellion |
|---|---|
| Office | Ocean Sotheby's International Realty |