81910 & 81908 Overseas Highway, Islamorada Village Of Islands, FL 33036
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by: jocelyn tiedemann, sabrina wampler & sarah ewald
Office: ocean sotheby's international realty
MLS#:611386
Source:FL_FKBOR
Price summary
- Price:$6,500,000
About this home
Once in a lifetime investment in the heart of Islamorada. This exceptional property offers a wide range of potential uses as it includes two Village Center parcels stretching from Highway to Bay, currently featuring a spacious 3,995 sqft restaurant and bar with a coveted 5COP liquor license - no food quota.
Village Center zoning allows for multiple use opportunities including, but not limited to, single family estate, multi family compound, luxury townhomes, vacation rentals, restaurants, marinas, general store with package sales, and much more.
The property spans 30,415 sqft. Includes a Bayfront boat basin, and plans for an additional 100' dock to be constructed.
The Village of Islamorada officially recognizes three waterfront market-rate dwelling units . The three waterfront Transferable Development Rights (TDRs) can be utilized onsite, transferred to another location, or sold to a receiver site. The Village Center Zoning would allow up to 8 market-rate dwelling units to be developed on site for a new luxury townhome community, with the transfer in of additional TDRs.
Whether you're looking to rehab a local iconic business, start a new business, redevelop the entire site, or create a spectacular residential estate, this unicorn property is perfectly located. ***Buyer to verify ALL information.***...
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Home facts
- Listing ID #:611386
- Added:607 day(s) ago
- Updated:May 08, 2026 at 01:40 AM
Structure and exterior
- Lot area:0.7 Acres
- Lot Features:Highway Frontage, Water Frontage
Finances and disclosures
- Price:$6,500,000
- Tax amount:$15,880
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