75131 Overseas Highway Islamorada, FL 33036

Single Family Detached MLS #: 608546 Listed By CENTURY 21 Circle

$6,995,000

3 beds | 3 baths | 1,500 sq ft
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Est. Property Tax: $27,699
Estimated monthly payments: $32,886/mo.* (recalculate)

Property InformationDescription

Beautiful 300' of oceanfront property on Lower Matecumbe Key. This offering consists of two 100' lots, vacant & contiguous, a 100' lot with a triplex apartment building, and 2 additional Transferable Development Rights. This gives you endless possibilities for redevelopment of the property. The two vacant lots have 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: 300' of oceanfront made up of 2 vacant lots, 1 lot with 3 apartments, bay bottom on the vacant lots, and 2 additional transferable building rights.Note: One of the owners is a State of Florida Real Estate Licensee

Features

  • Exterior Description: Concrete Block
  • Lifestyles: Waterfront
  • Location: Waterfront
  • Sewer: Public
  • Style: Other Style

MAP & DIRECTIONS

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75131 Overseas Highway, Islamorada, FL 33036
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School Information

75131 Overseas Highway, Islamorada, FL 33036

Elementary School
Grades PK-8 | Public School
PLANTATION KEY SCHOOL
Tavernier, FL 33070
100 Lake Rd
305.­853.3281
Distance: 14.3 mi
School Rating
A-
Student:Teacher Ratio
13:1
Total Students
537
Middle School
Grades PK-8 | Public School
PLANTATION KEY SCHOOL
Tavernier, FL 33070
100 Lake Rd
305.­853.3281
Distance: 14.3 mi
School Rating
A-
Student:Teacher Ratio
13:1
Total Students
537
High School
Grades 9-12 | Public School
CORAL SHORES HIGH SCHOOL
Tavernier, FL 33070
89901 Old Hwy
305.­853.3222
Distance: 14.6 mi
School Rating
B-
Student:Teacher Ratio
17:1
Total Students
711

Demographic Data

Islamorada, FL 33036

Median Age: 54.8
Married: 46%
Number of Households: 2,052
Households with Children: 11.3%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home