81910 & 81908 Overseas Highway, Islamorada, 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 the Highway to the Bay. Village Center zoning allows for multiple-use opportunities including, but not limited to, single-family estates, multi-family compounds, luxury townhomes, vacation rentals, restaurants, marinas, general stores with package sales, and much more. The property spans 30,415 sqft. It includes a Bayfront boat basin, providing dockage for up to 7 vessels, and there is adequate depth for an additional 100-foot 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 onsite for a new luxury townhome community, with the transfer 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:523 day(s) ago
- Updated:February 13, 2026 at 03:25 PM
Structure and exterior
- Lot area:0.7 Acres
Finances and disclosures
- Price:$6,500,000
- Tax amount:$15,880 (2023)
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