Overseas Highway, Upper Matecumbe Key Islamorada, FL

$3,500,000

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229,561

Land Size

About Overseas Highway

A rare opportunity to own an expansive bayfront parcel at Mile Marker 81 on Upper Matecumbe Key, offered for sale for the first time since its acquisition in 1937. Located in the heart of Islamorada, this remarkable property encompasses approximately 5.26 total deeded acres, including approximately 2.84 acres of upland, with more than 250 feet of frontage on Florida Bay. The substantial acreage and natural setting offer exceptional privacy and seclusion, while still being close to the restaurants, marinas, shops, galleries, and world-class boating and fishing that define the Islamorada lifestyle. With its coveted Upper Matecumbe Key location, expansive bayfront, and rare parcel size, this is an extraordinary opportunity to create a private waterfront estate in the Florida Keys. Zoned Native Residential (NR), allowing single-family residential use subject to applicable Village requirements. Allowable clearing, building area, and development potential are subject to applicable Village of Islamorada regulations. Buyer to independently verify all development potential with the Village of Islamorada.

Features of Overseas Highway

MLS® # 621407
Price $3,500,000
Land Size 229,561
Type Land
Status Active

Community Information

Address Overseas Highway
Area 23 - Upper Matecumbe
Subdivision Unplatted Upper Mate (82.0)
City Upper Matecumbe Key Islamorada
County Monroe
State FL
Zip Code 33036

Amenities

View Open Water View, Bay View
Is Waterfront Yes
Waterfront Bay Front
Has Pool No

Interior

Fireplace No
Has Basement No

Exterior

Lot Description 5 Less Than 10 Acres

Additional Information

Date Listed September 25th, 2026
Zoning NR - Native Residential
Short Sale No
RE / Bank Owned No

Listing Details

AgentNatalie Biondoletti
OfficeCoastal Realty of the Florida Keys

Listing Map

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