A once-in-a-lifetime opportunity to acquire one of the most unique properties in the Florida Keys! The parcel is approximately 1.46 Acres! Plus approximately 15,000 square feet of Deeded Bay Bottom! Owning the bay bottom makes it much easier to build additional docks. 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. Enjoy endless opportunities with this rare Gulf Front Estate. Lines in the aerials are approximate. Currently on the property there are 3 Units being rented. One - 2 Bedroom House and Two - 1 Bedroom Units. Ready for Offers.
- Price:
- $3,950,000
- Bedrooms:
- 4
- Full Baths:
- 3
- Half Baths:
- 1
- Square Footage:
- 805
- Acreage:
- 1.46
- Year Built:
- 1954
- Listing ID #:
- 603642
- 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
- Number Of Units:
- 3.00
- Square Footage Source:
- Property Data Card
- Style:
- Single Family
- 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
- Days On Market:
- 25
- Minimum Lease Term:
- 7.00
- Property Taxes:
- $27,131
- Tax Year:
- 2022
- Dock Description:
- Basin
- Utilities:
- Fkaa, Municipal Sewer
- Control Depth:
- 5
- Water View Description:
- Bay/Gulf View, Ocean View, Open Water View
- Waterfront:
- Yes
- Waterfront Description:
- Bay Front, Oceanfront, Open Water
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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.