Active

86560 Overseas Highway

Upper Matecumbe Key Islamorada FL, 33070

$4,949,000


$4,582.41 per sqft

Active

2 Beds

1,080 sqft

Commercial

Built in 1928

This exceptional property features 3 acres of pristine industrial upland, complemented by an additional 9 acres of bayfront land. The bayfront area includes plans for a 100' dock and two 30,000 lb boat lifts, which can be negotiated. The property boasts 150 feet of US1 frontage and is conveniently located north of the weigh station. The Village of Islamorada officially recognizes 1,972 square feet of non-residential floor area, one market-rate dwelling unit, and two affordable housing units on the property. The current zoning code permits the construction of over 30,000 square feet, based on 3.12 acres or 10,000 square feet per acre. Presently, there are four structures on the property. The seller is open to subdividing the land to meet the buyer's needs. This is one of the few properties left in Monroe County with a wide range of potential uses, including residential. Seller financing is available for qualified buyers.

611348

MLS ID

September 5, 2024

Listed

November 22, 2024

Updated

Map

86560 Overseas Highway
Upper Matecumbe Key Islamorada FL, 33070

Interior Features

Bedrooms

2


Interior Features

Other Windows/Doors


Appliances

No Appliances


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

3.12 Acres


Lot Features

2 Less Than 5 Acres

Other Property Details

Area Name

23 - Upper Matecumbe


Taxes

$10,780


Tax Frequency

Annually


Association Amenities

None


Garage

No


View

Yes


View Description

No Waterview


County

Monroe


Pool

No


Zoning

I - Industrial District

Listed by The Lazcos Team Publio Lazcos and David Lazcos with Real Estate Sales Force, Inc.
Listing Contact:  

The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2024 Florida Keys Board of REALTORS® all rights reserved.

Data last updated on 11/22/2024 at 10:07 PM UTC

 

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