74560 Overseas Highway, Lower Matecumbe, FL 33036
$4,100,000
Property Type:
Commercial Sale
Bedrooms:
3
Baths:
3
Square Footage:
6,071
Lot Size (sq. ft.):
15,100
Status:
Active
Current Price:
$4,100,000
List Date:
2/18/2026
Last Modified:
2/20/2026
Description
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.
More Information MLS# 618699
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
Current Price: $4,100,000
Listing Date: 2026-02-16
List Price: $4,100,000
Location, Tax & Legal
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
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
General Property Description
Realtor.COM Type: Commercial
Waterfront: Yes
Control Depth: 6
Lot Size: 100x151
Lot SqFt: 15100
Total Units: 0
Year Established: 1982-12-31
# Stories: 3
SqFt Source: Property Data Card
Total # Buildings: 1
Building SqFt: 6071
Style: Commercial
Living Apx SqFt: 6071
Year Built: 1983
Total Bedrooms: 3
Full Baths: 3
Total Baths: 3
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.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Type
Apartment 3 or more: 1
Bar: 1
Marina: 1
Professional Service: 1
Restaurant: 1
Retail: 1
Fee Includes
None: 1
Dockage
Seawall: Concrete
Appliances
Dishwasher: 1
Dryer: 1
Refrigerator: 1
Washer: 1
Property Info
# Boat Slips: 8
Waterfront
Bay Front: 1
Oceanfront: 1
Open Water: 1
Waterview
Bay/Gulf View: 1
Harbor/Marina View: 1
Ocean View: 1
Open Water View: 1
Vehicle Storage
Common Parking: 1
Construction
CBS: 1
Land Size
1/4 - 1/2 Acre: 1
Terms
Other Financing: 1
Utilities
Buyer to Verify: 1
FKAA: 1
Municipal Sewer: 1
Miscellaneous
High Traffc Location: 1
Highway Frontage: 1
Open Water View: 1
Residence on Premise: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Status: Active
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: February - 20 - 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.
