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75131 Overseas Highway HIGHWAY

Islamorada, FL 33036

$6,495,000 $27,383/Mo

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Overview

Bed

Bath

1,500

Sqft

Description

Beautiful 200' of oceanfront property on Lower Matecumbe Key. This offering consists of one 100' lot, vacant with TDR & contiguously, a 100' lot with a triplex apartment building (3 TDRs),.This gives you endless possibilities for redevelopment of the property. The vacant lot has 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 cre vices and holes off shore of the property.Recap: 200' of oceanfront made up of 1 vacant lot with TDR, 1 lot with 3 apartments, bay bottom on the vacant lot, for a total of 4 TDRs on the propertyNote: One of the owners is a State of Florida Real Estate Licensee

Property Details

Property Type : Residential - Single Family

Price : $6,495,000

AD Id : 54935227

MLS Id : 608546

Beds : 3

Living Area Size : 1,500

Year Built : 1957

County : Monroe

Subdivision: Strattons (82.5)

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 3

Bathroom Information

Total Baths: 3 Full Baths: 3
Interior Features

Appliances: No Appliances
Heating & Cooling

Water Front: Yes Oceanfront Ocean View

Building Information

Year Built: 1957 Total Units: 3.00 Floor Location: 48000 Construction: Concrete

Lot Information

Lot Dimensions: 300' wide X 160' deep Lot SqFt: 48,000 Lot SqFt Source: Tax Records Lots 67 & 66 plus bay bottom adjacent to Lot 66 of Matecube Ocean Beach Section A Lower Matecumbe PB2-39
Property Information

SQ ft (Living Area): 1,500 View: Ocean View Subdivision: Mat Ocean Beach (75.0)

Listing Price Information

List Price: $6,495,000

Tax Information

Taxes: $27,699 Tax Year: 2023 Parcel Number: 00398880-000000 Tax Exemptions: None

Multi-Unit Information

Pets Allowed: Pets Allowed
Homeowners Association Information

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee: $0.00

Utility Information

FKAA,Municipal Sewer

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
162 Bayview Dr, Islamorada, FL, 33036	$8,950,000	8	10	5,392	5,392 SqFt
74049 Overseas, Islamorada, FL, 33036	$3,999,999	4	4	--
75840 Overseas Highway, Islamorada, FL, 33036	$13,950,000	7	7	--
122 Court Contessa, Islamorada, FL, 33036	$2,795,000	3	3	2,374	2,374 SqFt
111 Anglers Way, Islamorada, FL, 33036	$1,199,990	2	3	1,376	1,376 SqFt
109 Columbus Dr, Islamorada, FL, 33036	$6,700,000	4	5	--
166 Bayview Drive, Islamorada, FL, 33036	$4,700,000	4	4	--
82719 Old Hwy, Islamorada, FL, 33036	$24,995,000	7	11	10,182	10,182 SqFt
20 Avacado St, Islamorada, FL, 33036	$15,950,000	6	7	6,680	6,680 SqFt
145 Venetian Drive, Islamorada, FL, 33036	$3,350,000	4	4	3,182	3,182 SqFt