If you need assistance, please call 305-395-0814

$7,000,000
75700 Overseas Hwy, Islamorada, FL 33036
3 Beds
3 Baths
805 sqft

Share

   
OR
Photos
Map
Need help calculating monthly payments on this home? Estimate your mortgage here.
powered by CINC
A once-in-a-lifetime opportunity to acquire one of the most unique properties in the Florida Keys! Located in the prestige fishing capital of the world, Islamorada, this property presents and abundance of opportunities! The parcel is approximately 63,598 square feet. (1.46 acres) Plus approximately 15,000 square feet of deeded bay bottom! Situated along deep water with your very own protected boat basin that can hold multiple boats. Zoned Multi- Family this estate includes 2 Market Rate Building Rights, which is allowed for WEEKLY rental. Plans and conditional use have been approved by the Village for an 8 unit townhouse, which is currently in Islamorada's Building Permit Allocation system.One option is to keep the existing buildings with its weekly gross revenue. A second option would be to build two market rate homes. A third option is to build a one of a kind secluded oceanfront estate with guest home. The fourth option is to build the 8 Unit Townhouse Building with the extended dockage after receiving the 6 required building rights. Enjoy endless opportunities with this rare Gulf Front Estate.
  • Price:
  • $7,000,000
  • Bedrooms:
  • 3
  • Full Baths:
  • 3
  • Square Footage:
  • 805
  • Acreage:
  • 1.46
  • Year Built:
  • 1954
  • Listing ID #:
  • 598746
  • Street Address:
  • 75700 Overseas Hwy
  • City:
  • Islamorada
  • State:
  • Florida
  • Postal Code:
  • 33036
  • County:
  • Monroe
  • Community:
  • 22 - Lower Matecumbe
  • Subdivision:
  • Mat Ocean Bay (75.0)
  • Listing Status:
  • Active
  • Listing Type:
  • Residential - Single Family
  • Approximate Total Liveable Area:
  • 805.00
  • Architecture Style:
  • Ground Level
  • Construction Description:
  • Cbs
  • Doors And Windows:
  • Other Windows/Doors
  • Exterior Features:
  • Chickee Hut, Fencing, Sandy Beach, Water Display
  • Number Of Units:
  • 2.00
  • Square Footage Source:
  • Property Data Card
  • Style:
  • Multi-Units
  • Year Built:
  • 1954
  • Conforms To Zoning:
  • Mf - Multi-Family Attached
  • Federal Flood Zone:
  • Ae /Ve
  • Lot Size:
  • 1 Less Than 2 Acres
  • Lot Square Footage:
  • 63598.00
  • Community Features:
  • Beach, Manager On Premises
  • Days On Market:
  • 171
  • Minimum Lease Term:
  • 7.00
  • Property Taxes:
  • $20,118
  • Tax Year:
  • 2020
  • Dock Description:
  • Basin
  • Parking Description:
  • Guest Parking, Open Parking
  • Appliances:
  • Range, Refrigerator
  • Control Depth:
  • 4
  • Water View Description:
  • Ocean View, Open Water View
  • Waterfront:
  • Yes
  • Waterfront Description:
  • Gulf Front, Oceanfront, Open Water
$

$

%

$

$

$


The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By Coldwell Banker Schmitt Real Estate Co.
  • UPKEYS

Similar Properties

Image Unavailable
$6,500,000
86600 Overseas Hwy, Islamorada, FL 33036
-- Sq Ft
-- Beds | -- Baths
UPKEYS Listing Provided By Ocean Sotheby's International Realty
Image Unavailable
$6,750,000
Virtual Tour
101 Gulfview Dr 314/316, Islamorada, FL 33036
5,598 Sq Ft
8 Beds | 6 Baths
UPKEYS Listing Provided By Century 21 Affiliated