74560 Overseas Highway, Lower Matecumbe, FL 33036
$3,900,000
Property Type:
Commercial Sale
Bedrooms:
3
Baths:
3
Square Footage:
6,071
Lot Size (sq. ft.):
15,100
Status:
Active
Current Price:
$3,900,000
List Date:
2/18/2026
Last Modified:
3/18/2026
Listing Details MLS# 618699
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
- Marathon Neighborhood
- N/A
- Side
- Bay/Gulf
- Flood Zone
- AE
- Alternate Key #
- 1482871
- Parcel #
- 00394480-000105
- Zoning
- CF - Commercial Fishing
- Legal
- MATECUMBE SANDY BEACH PB3-127 LOWER MATECUMBE KEY PT TRACT 5 (AKA PARCEL #5)
- Taxes
- 20434.94
- Tax Year
- 2025
Contract Information
- Listing Board
- Florida Keys
- Limited Representation
- No
- As is Rght to Inspct
- Yes
- Potential Short Sale
- No
- Bank Owned
- No
- Species List
- No
General Property Description
- Realtor.COM Type
- Commercial
- Style
- Commercial
- Lot SqFt
- 15100
- Waterfront
- Yes
- Control Depth
- 6
- Year Established
- 1982-12-31
- # Stories
- 3
- Total # Buildings
- Yes
- Building SqFt
- 6071
- SqFt Source
- Property Data Card
- Living Apx SqFt
- 6071
- Year Built
- 1983
- Total Bedrooms
- 3
- Full Baths
- 3
- Total Baths
- 3
- Total Units
- 0
Association Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
Property Info
- # Boat Slips
- 8
More Information
Dockage
- Seawall
- Concrete
Financial Status
- Bank Owned
- No
- Potential Short Sale
- No
Remarks & Misc
- Remarks – Consumer
- 74560 Overseas Highway is a dynamic waterfront commercial asset with multiple revenue paths and significant redevelopment potential. Situated on a 15,000 SF parcel with generous on-site parking and 100 feet of seawall capable of accommodating up to 8 slips, the property delivers premier highway exposure and immediate Florida Bay and Atlantic Ocean access. Zoning supports four affordable housing units, one market-rate residence, and 5,640 SF of commercial space, creating a layered income strategy that blends residential density with marine-oriented business activity. The existing structure features expansive wraparound windows framing sweeping Atlantic views, plus a top-floor penthouse suite suited for owner occupancy, executive housing, or premium rental use (subject to approvals). The building configuration can also accommodate a rooftop helipad. Commercial Fishing zoning allows for uses such as a destination restaurant, seafood market, marine outfitter, charter or backcountry fishing headquarters, marina-support retail, or other enterprises aligned with the working waterfront. This is a high-visibility, commercial platform where housing, marine access, and US-1 frontage intersect to create compelling long-term value.
Type
- Apartment 3 or more
- Yes
- Bar
- Yes
- Marina
- Yes
- Professional Service
- Yes
- Restaurant
- Yes
- Retail
- Yes
Fee Includes
- None
- Yes
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Waterfront
- Bay Front
- Yes
- Oceanfront
- Yes
- Open Water
- Yes
Waterview
- Bay/Gulf View
- Yes
- Harbor/Marina View
- Yes
- Ocean View
- Yes
- Open Water View
- Yes
Vehicle Storage
- Common Parking
- Yes
Construction
- CBS
- Yes
Land Size
- 1/4 - 1/2 Acre
- Yes
Terms
- Other Financing
- Yes
Utilities
- Buyer to Verify
- Yes
- FKAA
- Yes
- Municipal Sewer
- Yes
Miscellaneous
- High Traffc Location
- Yes
- Highway Frontage
- Yes
- Open Water View
- Yes
- Residence on Premise
- Yes
Property Features
Type:
Apartment 3 or more; Bar; Marina; Professional Service; Restaurant; Retail
Waterfront:
Bay Front; Oceanfront; Open Water
Waterview:
Bay/Gulf View; Harbor/Marina View; Ocean View; Open Water View
Vehicle Storage:
Common Parking
Utilities:
Buyer to Verify; FKAA; Municipal Sewer
Appliances:
Dishwasher; Dryer; Refrigerator; Washer
Miscellaneous:
High Traffc Location; Highway Frontage; Open Water View; Residence on Premise
Construction:
CBS
Land Size:
1/4 - 1/2 Acre
Fee Includes:
None
Terms:
Other Financing
Listing Office:
Coldwell Banker Schmitt Islamorada
Last Updated: March - 18 - 2026
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.