75131 Overseas Highway, Islamorada, FL 33036
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
75131 Overseas Highway,Lower Matecumbe, FL 33036
$5,999,000
- 0.83 Acres
- Lots / Land
- Active
Listed by: randy selden, barbara edgar
Office: century 21 circle- islamorada
MLS#:608979
Source:FL_FKBOR
Price summary
- Price:$5,999,000
About this home
Beautiful 200' of oceanfront property on Lower Matecumbe Key. This offering consists of one 100' lot, vacant with TDR & contiguously, a 100' lot with a triplex apartment building (3 TDRs),.This gives you endless possibilities for redevelopment of the property. The vacant lot has an additional 200' of bay bottom. Fantastic 180° ocean views make for gorgeous sunrises on the naturally sandy beaches. View Alligator Lighthouse, watch dolphins, manatees, and birds feeding on fish right in front of you. At night, beautiful full moon risings, cruise ships with their lights passing, and plenty of stars. Launch kayaks from the beach to do a little tarpon fishing and bonefish are making a comeback so you can wade with your fly rod for a thrill. Also snorkel for lobster in season in all the little crevices and holes off shore of the property.
Recap: 200' of oceanfront made up of 1 vacant lot with TDR, 1 lot with 3 apartments, bay bottom on the vacant lot, for a total of 4 TDRs on the property
Note: One of the owners is a State of Florida Real Estate Licensee...
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Home facts
- Subdivision & Development:Mat Ocean Beach (75.0)
- Listing ID #:608979
- Added:964 day(s) ago
- Updated:September 26, 2026 at 02:55 PM
Structure and exterior
- Lot area:0.83 Acres
Finances and disclosures
- Price:$5,999,000
- Tax amount:$27,699
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