75131 Overseas Hwy, Islamorada, FL 33036

$6,495,000
3
BD
3
BA
1,500
SqFt

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List Price
$6,495,000
MLS#
608546
Status
ACTIVE
Island
Lower Matecumbe
County
Monroe
City
Islamorada
Area
Lower Matecumbe
Subdivision
Mat Ocean Beach (75.0)
Neighborhood
22 - Lower Matecumbe
Bedrooms
3
Bathrooms
3
Living Area
1,500
Acres
1.10
Year Built
1957
Days on Market
643

Property 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 property Note: One of the owners is a State of Florida Real Estate Licensee

Additional Information

Taxes
$27,699
Appliances
None
Waterfront
Yes
Control Depth
2
Zoning
R1 - Residential Single Family

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Calculator source: Real Geeks

Listing Courtesy Of Century 21 Circle- Islamorada, Contact: 305-664-4637