Overseas Highway, Islamorada, FL 33036

$3,500,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$3,500,000
MLS#
621407
Status
ACTIVE
Island
Upper Matecumbe Key Islamorada
County
Monroe
City
Islamorada
Area
Upper Matecumbe
Subdivision
Unplatted Upper Mate (82.0)
Neighborhood
23 - Upper Matecumbe
Acres
5.27
Days on Market
0

Property Description

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.

Additional Information

Waterfront
Yes
Zoning
NR - Native Residential

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy Of Coastal Realty of the Florida Keys, Contact: 305-664-0077