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75131 Overseas Highway
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PRICED AT ONLY: $6,495,000

Address: 75131 Overseas Highway, ISLAMORADA, FL 33036

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 crevices 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

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More Like This
  • MLS#: 608546 ( Single Family )
  • Street Address: 75131 Overseas Highway
  • Viewed: 15
  • Price: $6,495,000
  • Price sqft: $4,330
  • Waterfront: Yes
  • Waterfront Type: Oceanfront
  • Year Built: 1957
  • Bldg sqft: 1500
  • Bedrooms: 3
  • Total Baths: 3
  • Full Baths: 3
  • Days On Market: 783
  • Acreage: 1.10 acres

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 crevices 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
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Features
Building and Construction
  • Construction: Concrete
  • Sqft Source: Property Data Card
  • Total Number Of Units: 3.00
Property Information
  • Property Group Id: 19990816212109142258000000
Eco-Communities
  • Water View: Ocean View
Utilities
  • Pets: Pets Allowed
  • Pub Sewer Hkup: Yes
  • Utilities: FKAA, Municipal Sewer
Finance and Tax Information
  • Association Info Association Fee: 0.00
  • Fee Includes: None
  • Tax Year: 2023
Rental Information
  • Rentals Allowed: With Restrictions
Other Features
  • Add L Parcel Num1: 00398870-000000
  • Alternate Key Num: 1491276
  • Appliances: No Appliances
  • Association Info 1st Right Of Refusal: No
  • Association Info Mandatory Home Owners Asc: No
  • Contingent: None
  • Deed Restrictions: Unknown
  • Dockage: None
  • Flood Zone: AE elev 11
  • Legal Description: Lots 67 & 66 plus bay bottom adjacent to Lot 66 of Matecube Ocean Beach Section A Lower Matecumbe PB2-39
  • Mile Marker: 75.00
  • Parcel Num: 00398880-000000
  • Side: Ocean
  • Style: Single Family
  • Views: 15
  • Zoning: R1 - Residential Single Family
Nearby Subdivisions
Anglers Reef   Anglers Reef (85.0)   Bay Hammock (83.2)   Galen Beach (85.0)   Hammock (83.5)   Lower Mat Bch (74.0)   Lower Mat Harbor (75.0)   Mat Ocean Bay (75.0)   Mat Ocean Beach (75.0)   Mat Ocean View (76.5)   Mat Sandy Bch (75.0)   Matecumbe Ocean Bay (75.0)   Matecumbe Ocean Bay Sec 2   Misc Plantation Key (85.0)   Misc Upper Matacumbe (82.0)   Not Applicable   Pearl City (89.0)   Penn Key Club (83.0)   Plant Beach (87.5)   Plant Ridge (87.0)   Plantation Lake Estates (87.0)   Port Antigua (74.5)   Russell Estates (83.2)   Safety Harbor   Safety Harbor (74.0)   Strattons (82.5)   Tarpon Flats (81.5)   Tea Table (79.5)   Toll Gate Shores (73.5)   Toners Nautical Sh (87.0)   Treasure Harbor (86.5)   Upper Matecumbe Key   Venetian Shores (86.0)   White Marlin Bch (74.5)  
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