74450 Overseas HWY, Lower Matecumbe, FL 33036
74450 Overseas HWY, Lower Matecumbe, FL 33036
74450 Overseas HWY, Lower Matecumbe, FL 33036
74450 Overseas HWY, Lower Matecumbe, FL 33036
74450 Overseas HWY, Lower Matecumbe, FL 33036
74450 Overseas HWY, Lower Matecumbe, FL 33036
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American Caribbean Real Estate

American Caribbean Real Estate

American Caribbean Real Estate

+1(305) 451-4078
Listed by Krissy Carnahan Realty ONE Group Destination (ISL)
$ 1,680,000
Est. payment | /mo

3 Beds

2 Baths

1,980 SqFt


Save
$ 1,680,000
Est. payment | /mo
Save

3 Beds

2 Baths

1,980 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,980 sqft

Price per Sqft $848

Subdivision White Marlin Bch (74.5)

MLS Listing ID 620533

Style Above Flood

Bedrooms 3

Full Baths 2

HOA Fees $300/ann

HOA Y/N No

Year Built 1967

Annual Tax Amount $7,363

Tax Year 2025

Lot Size 6,900 Sqft

Acres 0.16

Lot Dimensions 60 X 115

Property Sub-Type Single Family Residence

Land Area 1980

Property Description

NEW PHOTOS COMING SOON . Rare Mixed-Use Opportunity with Spectacular Ocean Views in Islamorada MM 74.5.

Endless possibilities await at this highly visible, commercially zoned property located directly on the Overseas Highway at Mile Marker 74.5. Offering breathtaking open Atlantic Ocean views and exceptional highway frontage, this unique property is ideal for investors, entrepreneurs, or anyone seeking the perfect live-work lifestyle in the Florida Keys.

Originally permitted as a three-unit apartment building, the property is currently configured with two primary living/work spaces, creating the opportunity for a buyer to explore the potential for a third apartment or reconfigure the property to suit their vision, subject to local approvals. Whether you're looking to maximize rental income, establish a business with residential accommodations, or create a one-of-a-kind family compound, the flexibility here is exceptional.

The Neighborhood Commercial (NC) zoning opens the door to a wide variety of commercial uses while the existing residential layout also lends itself beautifully to conversion into a spacious single-family residence with incredible ocean views. Imagine waking each morning to the sunrise over the Atlantic while operating your business from one of Islamorada's most recognizable and accessible locations.

The property offers generous parking, excellent visibility, fenced outdoor space, and a location surrounded by restaurants, shopping, marinas, and the best of the Florida Keys lifestyle. Opportunities with this combination of commercial frontage, residential flexibility, income potential, and unobstructed ocean views are exceptionally rare.

Whether your vision is investment, business, residential living, or a combination of all three, this is a property where imagination truly becomes opportunity.

Location

State FL

County Monroe

Community Bike Paths

Area 22 - Lower Matecumbe

Zoning NC - Neighborhood Commercial

Direction Corner of gulfview and us1

Interior

Interior Features Workshop, Other

Heating Central

Cooling Ductless, Central Air

Flooring Tile, Laminate

Furnishings Negotiable, Partially Furnished

Window Features Aluminum Windows,Impact Rstnce Doors,Impact Rstnce Window,Shutters

Appliance Dryer, Washer, Microwave, Oven, Refrigerator

Laundry Laundry Room

Exterior

Exterior Feature Fencing, Storage, Outdoor Shower

Parking Features Guest, Off Street

Community Features Bike Paths

Utilities Available FKAA, Buyer To Verify

Waterfront Description None

Roof Type Concrete Roof, Tar/Gravel Roof

Garage No

Building

Architectural Style Above Flood

Others

HOA Fee Include Other

Tax ID 00392260-000000

Security Features No Security

Pets Allowed Yes

Nearby Locations

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74450 Overseas HWY