American Caribbean Real Estate
American Caribbean Real Estate
marketing@americancaribbean.com +1(305) 451-40783 Beds
2 Baths
1,980 SqFt
3 Beds
2 Baths
1,980 SqFt
Key Details
Property Type Commercial
Sub Type Misc Prop Rights
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 620534
Bedrooms 3
Full Baths 2
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 Misc Prop Rights
Land Area 1980
Property Description
Exceptional mixed-use investment opportunity in the heart of Islamorada. Positioned directly on the Overseas Highway at Mile Marker 74.5, this highly visible Neighborhood Commercial (NC) property offers outstanding exposure, excellent accessibility, and panoramic Atlantic Ocean views.
Originally permitted as a three-unit apartment building, the property is currently configured with two primary residential/commercial spaces, presenting an opportunity for a future owner to explore the potential for a third apartment or additional income-producing space, subject to local approvals. The flexible layout lends itself to owner-occupancy, employee housing, professional offices, retail, vacation accommodations (where permitted), or a variety of commercial uses allowed under NC zoning.
An increasingly rare feature in the Upper Keys, this property combines valuable highway frontage with substantial parking, exceptional visibility, and an irreplaceable oceanfront setting. Investors, business owners, and developers will appreciate the property's versatility, while end users may envision transforming it into a distinctive single-family residence with sweeping Atlantic views.
Located in one of the Florida Keys' most desirable markets, the property is surrounded by established businesses, restaurants, marinas, resorts, and world-renowned fishing and diving destinations. Its strategic location offers convenient access for both locals and visitors traveling throughout the Keys.
Whether you're seeking a long-term investment, owner-user opportunity, redevelopment potential, or a signature live-work property, this unique Islamorada offering delivers location, flexibility, visibility, and exceptional upside in one of Florida's most sought-after commercial corridors.
Location
State FL
County Monroe
Area 22 - Lower Matecumbe
Zoning NC - Neighborhood Commercial
Direction corner if Gulfview and US1
Interior
Appliance Dryer, Washer
Exterior
Parking Features Trailer Storage, Common Parking, Guest, Off Street
Utilities Available FKAA, Municipal Sewer, Buyer To Verify
Waterfront Description Oceanfront, Open Water
Garage No
Building
Story 2
Level or Stories 2
Others
HOA Fee Include None
Tax ID 00392260-000000