$6,995,000

75131 Overseas Hwy Islamorada, FL 33036

Estimated payment $41,052/month

Total Views 20,572
3 Beds
3 Baths
1,500 Sq Ft
$4,663 Price per Sq Ft

Highlights

  • Ocean Front
  • Plantation Key School Rated A-
  • No HOA

About This Home

Beautiful 200' of oceanfront property on Lower Matecumbe Key. This offering consists of one 100' lot, vacant & contiguous, a 100' lot with a triplex apartment building, and 2 additional Transferable Development Rights. 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 crevices and holes off shore of the property.Recap: 200' of oceanfront made up of 1 vacant lot, 1 lot with 3 apartments, bay bottom on the vacant lot, and 2 additional transferable building rights for a total of 5 TDRs on the propertyNote: One of the owners is a State of Florida Real Estate Licensee

Listing Agent

Randy Selden

Century 21 Circle- Islamorada License #0313574 Listed on: 02/03/2024

Century 21 Circle- Islamorada

Co-Listing Agent

Barbara Edgar

Century 21 Circle- Islamorada License #3015989

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,699

Year Built

  • Built in 1957

Lot Details

  • 1.1 Acre Lot
  • Ocean Front
  • Property is zoned R1 - Residential Single Family

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Ground Level
  • Public Hookup Available For Sewer

Community Details

  • No Home Owners Association
  • Mat Ocean Beach Subdivision
  • Rental Restrictions

Listing and Financial Details

  • Assessor Parcel Number 00398880-000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,699

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: Single Family
  • Additional Assessor Parcel Number 1: 00398870-000000
  • First Right of Refusal: No
  • Mandatory HOA: No
  • Contingent: None
  • Contingent Remarks: inspections
  • Control Depth: 2
  • Fee Includes: None
  • Key Island: Lower Matecumbe
  • Limited Representation: No
  • Marathon Neighborhood: N/A
  • Mile Marker: 75.00
  • M L S Identifier: 20060123165453488875000000
  • Pets: Pets Allowed
  • Property Group I D: 19990816212109142258000000
  • Side: Ocean
  • State Province: FL
  • Taxes: 27699.00
  • Year Built: 1957
  • Alternate Key Number: 1491276
  • Building Style: Ground Level
  • Lot Sq Ft: 48000.00
  • Tax Exemptions: None
  • Building Style Above Flood: No
  • Estimated Living Sq Ft: 1500.00
  • Sewer Hook Up: Yes
  • Statistical Purposes Only: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Appliances: No Appliances
  • Total Bedrooms: 3

Exterior Features

  • Dockage: None
  • Waterfront: Oceanfront
  • Waterfront: Yes
  • Construction: Concrete
  • Waterview: Ocean View
  • Pool: No

Utilities

  • Utilities: FKAA, Municipal Sewer

Lot Info

  • Deed Restrictions: Unknown
  • Flood Zone: AE elev 11
  • Parcel Number: 00398880-000000
  • Lot Size: 300' wide X 160' deep
  • Land Size: More than 1 Lot
  • Acres: 1.10

Rental Info

  • Rentals Allowed: With Restrictions

Tax Info

  • Tax Year: 2023

Multi Family

  • Total Units: 3.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2024 03/01/24 For Sale $6,995,000 -- --
Source: Florida Keys Board of REALTORS®

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Source: Florida Keys Board of REALTORS®

MLS Number: 608546

Florida Keys Board of REALTORS®