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74560 Overseas Highway, Lower Matecumbe, FL 33036

$2,450,000
Property Type: Commercial Bedrooms: 9 Baths: 8 Square Footage: 7,300 Lot Size (sq. ft.): 15,000 Status: Closed
Current Price: $2,450,000 List Date: 2/13/2019 Last Modified: 9/10/2024

Overview

Description

''Star Deck'' Loft-style & art deco-inspired rental villa building on Lower Matecumbe offering open water views and protected basin dockage. 4 rental units are monthly, penthouse is weekly, 2 units are commercial space. Rooftop is the perfect place to enjoy wide open spaces! 6 stern-to boat slips out back, one seawall slip with davits. Incredible location, views, and opportunity! Fully furnished plus RV included. Excellent rental numbers.

Listing Details MLS# 577430

Location, Tax & Legal

Street #
74560
Street Name
Overseas
Street Suffix
Highway
Key/Island
Lower Matecumbe
State/Province
FL
Zip Code
33036
Subdivision
Mat Sandy Bch (75.0)
County
Monroe
Area
22 - Lower Matecumbe
City
ISLAMORADA
Off Shore Island
No
Mile Marker
75
Side
Bay/Gulf
Flood Zone
AE
Alternate Key #
1482871
Parcel #
00394480-000105
Zoning
OTH - Other Zoning
Legal
MATECUMBE SANDY BEACH PB3-127 LOWER MATECUMBE KEY PT TRACT 5 (AKA LUXURY CONDOMINIUM PARCEL #5) OR775-344 OR1642-1682/83
Taxes
10430.04
Tax Year
2016

Contract Information

Listing Board
Florida Keys
Limited Representation
No
As is Rght to Inspct
Yes
For Sale/Lease
For Sale
Potential Short Sale
No
Bank Owned
No
Species List
No

General Property Description

Realtor.COM Type
Commercial
Style
Commercial
Lot SqFt
15000
Waterfront
Yes
Control Depth
4
# Stories
3
Building SqFt
10080
SqFt Source
Seller
Living Apx SqFt
7300
Total Units
7
Year Built
1983
Total Bedrooms
9
Full Baths
8
Total Baths
8

Status Change Info

Sold Date
2019-03-04

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

Property Info

# Boat Slips
7
# Kitchens
7
# Refrigerators
7
# Washers
Yes
# Dryers
Yes
1 Bed/Bath
5
2 Bed/Bath
Yes

More Information

Dockage

Dock Length
100
Seawall
Concrete
Boat Slip
Yes
Davits
Yes

Financial Status

Bank Owned
No
Potential Short Sale
No

Remarks & Misc

Remarks – Consumer
''Star Deck'' Loft-style & art deco-inspired rental villa building on Lower Matecumbe offering open water views and protected basin dockage. 4 rental units are monthly, penthouse is weekly, 2 units are commercial space. Rooftop is the perfect place to enjoy wide open spaces! 6 stern-to boat slips out back, one seawall slip with davits. Incredible location, views, and opportunity! Fully furnished plus RV included. Excellent rental numbers.
Directions
MM 74 Bayside, just south of Mr. Lobster.

Deed Restrictions

Unknown
Yes

Type

Apartment 3 or more
Yes
Boat Sales/Service
Yes
Other Comrcl Style
Yes

Fee Includes

None
Yes

Accounts & Meters

# Water Meters
Yes
# Electric Meters
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Range
Yes
Refrigerator
Yes

Cooling

Ceiling Fans(s)
Yes
Heat Pump
Yes

Waterfront

Canal Front
Yes
Oceanfront
Yes
Open Water
Yes

Waterview

Harbor/Marina View
Yes
Ocean View
Yes
Open Water View
Yes

Floor

Combo
Yes

Interior Features

Furnished
Yes
Laundry Room
Yes
Window Treatments
Yes

Windows/Doors

Aluminum Windows
Yes
Sliding Glass Doors
Yes

Vehicle Storage

Common Parking
Yes
Off Street Parking
Yes

Construction

CBS
Yes

Land Size

1/4 - 1/2 Acre
Yes

Terms

Buyer Obtain Finance
Yes
Owner Consider 2nd
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes

Title

Title Ins - Buyer
Yes

Property Rights

Boat Slip Lease
Yes
Multi-Use/Commercial
Yes

Miscellaneous

Fencing
Yes
Handicap Access
Yes
High Visibility
Yes
Highway Frontage
Yes
Open Water View
Yes
Patio
Yes
Storage
Yes

Roof

Concrete Roof
Yes

Tenant Paid

Tnt Pays No Utils
Yes

Property Features

Deed Restrictions: Unknown Type: Apartment 3 or more; Boat Sales/Service; Other Comrcl Style Waterfront: Canal Front; Oceanfront; Open Water Waterview: Harbor/Marina View; Ocean View; Open Water View Dockage: Boat Slip; Davits Vehicle Storage: Common Parking; Off Street Parking Cooling: Ceiling Fans(s); Heat Pump Utilities: FKAA; Municipal Sewer Interior Features: Furnished; Laundry Room; Window Treatments Appliances: Dishwasher; Dryer; Range; Refrigerator Miscellaneous: Fencing; Handicap Access; High Visibility; Highway Frontage; Open Water View; Patio; Storage Construction: CBS Floor: Combo Roof: Concrete Roof Land Size: 1/4 - 1/2 Acre Fee Includes: None Terms: Buyer Obtain Finance; Owner Consider 2nd Title: Title Ins - Buyer Tenant Paid: Tnt Pays No Utils Property Rights: Boat Slip Lease; Multi-Use/Commercial
Listing Office: Ocean Sotheby's International Realty
Last Updated: September - 10 - 2024
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.