About 75131 Overseas Highway
Beautiful 300' of oceanfront property on Lower Matecumbe Key. This offering consists of two 100' lots, 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 two vacant lots have 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: 300' of oceanfront made up of 2 vacant lots, 1 lot with 3 apartments, bay bottom on the vacant lots, and 2 additional transferable building rights.Note: One of the owners is a State of Florida Real Estate Licensee
Features of 75131 Overseas Highway
| MLS® # | 608546 |
|---|---|
| Price | $6,995,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 1,500 |
| Land Size | 47,916 |
| Year Built | 1957 |
| Type | Residential |
| Sub-Type | Single Family |
| Style | Ground Level |
| Status | Active |
Community Information
| Address | 75131 Overseas Highway |
|---|---|
| Area | 22 - Lower Matecumbe |
| Subdivision | Mat Ocean Beach (75.0) |
| City | ISLAMORADA |
| County | Monroe |
| State | FL |
| Zip Code | 33036 |
Amenities
| Utilities | FKAA, Municipal Sewer |
|---|---|
| View | Ocean View |
| Is Waterfront | Yes |
| Waterfront | Oceanfront |
| Has Pool | No |
Interior
| Appliances | No Appliances |
|---|---|
| Fireplace | No |
Exterior
| Lot Description | More than 1 Lot |
|---|---|
| Construction | Poured Concrete Cnst |
Additional Information
| Date Listed | February 5th, 2024 |
|---|---|
| Days on Market | 85 |
| Zoning | R1 - Residential Single Family |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
Listing Details
| Agent | Randy Selden |
|---|---|
| Office | Century 21 Circle |