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74900 Overseas Highway, Lower Matecumbe, FL 33036

$4,900,000
Property Type: Vacant Land Lot Size (sq. ft.): 32,450 Status: Active
Current Price: $4,900,000 List Date: 6/30/2026 Last Modified: 7/01/2026

Overview

Description

A truly once in a generation opportunity to build your dream estate in the heart of Islamorada's coveted Lower Matecumbe. This exceptional vacant homesite is one of the few remaining parcels of its size available in all of Islamorada, offering an incredibly rare combination of breathtaking ocean views and expansive wide canal views. Encompassing over 32,000 square feet, this extraordinary property provides the perfect canvas for a custom waterfront residence designed to capture spectacular sunrises, refreshing ocean breezes, and the unmatched beauty of the Florida Keys. Its unique setting offers the best of both worlds--open water vistas in the front and a wide canal in the rear, creating an unparalleled lifestyle for boating enthusiasts and those seeking privacy, space, and unforgettable scenery. Opportunities to acquire a property of this caliber have become increasingly scarce in Islamorada, where large vacant parcels are exceptionally limited. Whether you're envisioning a pri ...

Listing Details MLS# 620460

Location, Tax & Legal

Street #
74900
Street Name
Overseas
Street Suffix
Highway
Key/Island
Lower Matecumbe
State/Province
FL
Zip Code
33036
County
Monroe
Subdivision
Mat Sandy Bch (75.0)
Area
22 - Lower Matecumbe
City
ISLAMORADA
Mile Marker
75
Marathon Neighborhood
N/A
Side
Bay/Gulf
Flood Zone
AE,AE
Alternate Key #
1482277
Parcel #
00393970000000
Zoning
R1 - Residential Single Family
Deed Restrictions
Unknown
Legal
Bk 2 Lt 6 Matecumbe Sandy Beach Lower Matcmbe Key Pb3-127 Or496-41 Or793-1527 Or794-1461 Or831-652 Or2172-2043 Or2569-53
Taxes
7204.35
Tax Year
2025

Contract Information

Listing Board
Florida Keys
Limited Representation
No
Potential Short Sale
No
Bank Owned
No

General Property Description

Realtor.COM Type
Vacant Land
Waterfront
Yes
Control Depth
5
Lot Dimensions
X
Lot SqFt
32450

Miscellaneous Info

Mobile Home Lot
No

Financial Status

Bank Owned
No
Potential Short Sale
No

More Information

Remarks & Misc

Remarks – Consumer
A truly once in a generation opportunity to build your dream estate in the heart of Islamorada's coveted Lower Matecumbe. This exceptional vacant homesite is one of the few remaining parcels of its size available in all of Islamorada, offering an incredibly rare combination of breathtaking ocean views and expansive wide canal views. Encompassing over 32,000 square feet, this extraordinary property provides the perfect canvas for a custom waterfront residence designed to capture spectacular sunrises, refreshing ocean breezes, and the unmatched beauty of the Florida Keys. Its unique setting offers the best of both worlds--open water vistas in the front and a wide canal in the rear, creating an unparalleled lifestyle for boating enthusiasts and those seeking privacy, space, and unforgettable scenery. Opportunities to acquire a property of this caliber have become increasingly scarce in Islamorada, where large vacant parcels are exceptionally limited. Whether you're envisioning a private family compound or a legacy waterfront estate, this one-of-a-kind offering represents a chance to create something truly extraordinary in one of the Florida Keys' most desirable destinations.

Assoc/Misc Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

Dockage

None
Yes

Tax Exemptions

None
Yes

Waterfront

Canal Front
Yes
Open Water
Yes

Waterview

Canal View
Yes
Ocean View
Yes
Open Water View
Yes

BuildingPermit

Expired Permit
Yes
Other Permit
Yes

Land Size

1/2 - Less Than 1 AC
Yes

Property Features

Tax Exemptions: None Waterfront: Canal Front; Open Water Dockage: None Waterview: Canal View; Ocean View; Open Water View BuildingPermit: Expired Permit; Other Permit Land Size: 1/2 - Less Than 1 AC
Listing Office: Pine River Realty, LLC
Last Updated: July - 01 - 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.