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74450 Overseas Highway HIGHWAY

Islamorada, FL 33036
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Bed 3

Bed

Bath 2

Bath

SqFt1,980

Sqft

NEW PHOTOS COMING SOON . Rare Mixed-Use Opportunity with Spectacular Ocean Views in Islamorada MM 74.5.Endless possibilities await at this highly visible, commercially zoned property located directly on the Overseas Highway at Mile Marker 74.5. Offering breathtaking open Atlantic Ocean views and exceptional highway frontage, this unique property is ideal for investors, entrepreneurs, or anyone seeking the perfect live-work lifestyle in the Florida Keys.Originally permitted as a three-unit apartment building, the property is currently configured with two primary living/work spaces, creating the opportunity for a buyer to explore the potential for a third apartment or reconfigure the property to suit their vision, subject to local approvals. Whether you're looking to maximize rental income, establish a business with residential accommodations, or create a one-of-a-kind family compound, the flexibility here is exceptional.The Neighborhood Commercial (NC) zoning opens the door to a wide variety of commercial uses while the existing residential layout also lends itself beautifully to conversion into a spacious single-family residence with incredible ocean views. Imagine waking each morning to the sunrise over the Atlantic while operating your business from one of Islamorada's most recognizable and accessible locations.The property offers generous parking, excellent visibility, fenced outdoor space, and a location surrounded by restaurants, shopping, marinas, and the best of the Florida Keys lifestyle. Opportunities with this combination of commercial frontage, residential flexibility, income potential, and unobstructed ocean views are exceptionally rare.Whether your vision is investment, business, residential living, or a combination of all three, this is a property where imagination truly becomes opportunity.

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Detail Ic Property Details

Property Type : Residential - Single Family

Price : $1,680,000

AD Id : 87621912

MLS Id : 620533

Beds : 3

Living Area Size : 1,980

Year Built : 1967

County : Monroe

Subdivision: Portofino

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Feature Features

  • Bedroom Information

    Total Bedrooms: 3 Laundry Room,Workshop

    Bathroom Information

    Total Baths: 2 Full Baths: 2
  • Interior Features

    Other Appliances: Washer,Microwave,Oven,Refrigerator,Dryer
  • Roofing Information

    Concrete Roof,Tar/Gravel Roof

    Flooring Information

    Tile,Laminate

    Heating & Cooling

    Cooling: Central Air,Ductless Heating: Central Water Front: No None Ocean View,Open Water View

    Window Information

    Window Treatments: Aluminum Windows,Impact Rstnce Window,Impact Rstnce Doors

  • Building Information

    Year Built: 1967 Total Units: 0.00 Floor Location: 6900 Construction: CBS,Concrete Security System: No Security Roof: Concrete Roof,Tar/Gravel Roof
  • Exterior Features

    Fencing,Storage,Outdoor Shower

  • Lot Information

    Lot Dimensions: 60 X 115 Lot SqFt: 6,900 BKB LT 8 WHITE MARLIN BEACH SEC-1 PB3-184 LOWER MATECUMBE KEYOR551-321 OR1400-1065/66 OR1400-1067/68 OR2101-2400 OR2943-
  • Property Information

    SQ ft (Living Area): 1,980 View: Ocean View,Open Water View Subdivision: White Marlin Bch (74.5) Stories: 2 Stories

  • Listing Price Information

    List Price: $1,680,000
  • Listing Information

    Seller Finance Psble,Cash,Conventional

  • Tax Information

    Taxes: $7,363 Tax Year: 2025 Parcel Number: 00392260-000000 Tax Exemptions: None

  • Multi-Unit Information

    Pets Allowed: Pets Allowed
  • Homeowners Association Information

    Mandatory Home Owners Asc: No Voluntary Home Owners Asc: Yes 1st Right of Refusal: No Association Fee: $300.00 Assoc/Mnt Fee Per: Yearly

  • Utility Information

    FKAA,Buyer to Verify
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
102 Anglers Way, Islamorada, FL, 33036 $1,150,000 2 3 1,376 1,376 SqFt
109 Columbus Dr, Islamorada, FL, 33036 $6,700,000 4 5 --
88351 Old Highway HIGHWAY, Islamorada, FL, 33036 $15,990,000 6 9 7,590 7,590 SqFt
87895 Old Highway HIGHWAY, Islamorada, FL, 33036 $24,995,000 5 8 9,011 9,011 SqFt
88110 Overseas Highway .., Islamorada, FL, 33036 $6,999,000 4 5 4,226 4,226 SqFt
88110 Overseas Highway, Islamorada, FL, 33036 $6,999,000 4 5 2,797 2,797 SqFt
87950 Overseas Highway .., Islamorada, FL, 33036 $3,800,000 5 3 2,464 2,464 SqFt
87445 Old Highway HIGHWAY, Islamorada, FL, 33036 $3,995,000 5 4 4,014 4,014 SqFt
87429 Old Highway HIGHWAY, Islamorada, FL, 33036 $18,999,000 6 8 6,692 6,692 SqFt
87429 Old Highway, Islamorada, FL, 33036 $18,999,000 6 6 6,054 6,054 SqFt

ByOwner last updated this listing 07/11/2026 @ 00:43

MLS: 620533 LISTED BY: Krissy Carnahan , Realty ONE Group Destination (ISL) 305-293-8881 SOURCE: Florida Keys MLS, Inc.

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