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74980 Overseas Highway 3, Lower Matecumbe, FL 33036

$1,890,000
Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 2,845 Status: Active
Current Price: $1,890,000 List Date: 6/13/2026 Last Modified: 6/19/2026

Overview

Description

Experience the ultimate Florida Keys lifestyle in this stunning split-level waterfront loft and take advantage of the vacation rental revenue. Ideally located in highly sought-after Lower Matecumbe. This exceptional 5-bedroom, 3-bath residence combines contemporary design with breathtaking water views, creating a truly unique island retreat. The thoughtfully designed layout features three spacious bedrooms on the lower level and two additional bedrooms upstairs, connected by a spectacular modern staircase that serves as a striking architectural centerpiece. Soaring ceilings and expansive windows fill the home with natural light, while the open-concept floor plan seamlessly connects the living, dining, and entertaining spaces. The sleek, modern kitchen is perfectly positioned to serve both everyday living and waterfront gatherings. Generously sized bedrooms and beautifully appointed bathrooms provide comfort and privacy for family and guests alike. Step outside to an impressive 66 ...

Listing Details MLS# 620271

Location, Tax & Legal

Street #
74980
Street Name
Overseas
Street Suffix
Highway
Key/Island
Lower Matecumbe
State/Province
FL
Zip Code
33036
County
Monroe
Subdivision
Sandglass (74.5)
Area
22 - Lower Matecumbe
Unit #
3
City
ISLAMORADA
Off Shore Island
No
Mile Marker
74.5
Marathon Neighborhood
N/A
Senior Community YN
No
Side
Bay/Gulf
Alternate Key #
8766467
Handicap Access
No
Parcel #
00097890-000203
Zoning
OTH - Other Zoning
Deed Restrictions
Unknown
Legal
UNIT 3 SANDGLASS A CONDOMINIUM OR1121-364 OR1297-715/17M/T OR1491-556 OR2026-1835 OR2647-509/17AMD OR2648-2348/49 OR2856
Taxes
13018
Tax Year
2025
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Florida Keys
As is Rght to Inspct
Yes
Bank Owned
No
Species List
No

General Property Description

Realtor.COM Type
Residential - Condo/Townhouse
Style
Condo
Waterfront
Yes
Control Depth
4
Unit/Complex
Unit
Pool
No
Year Built
1989
Total Units
4
Lot Sqft Source
Property Data Card
Living Apx SqFt
2845
SqFt Source
Unknown/Condo
Total Bedrooms
5
Full Baths
3
Total Baths
3
Rentals Allowed
Yes
Min Rental Days
7
Lot SqFt
0
Acres
0

Association Info

Mandatory Home Owners Asc
Yes
1st Right of Refusal
No
Association Fee $
1300
Assoc/Mnt Fee Per
Monthly

Dockage

Dock Length
30
Assigned Dock
Yes
Boat Lift
Yes
Boat Ramp
Yes
Boat Slip
Yes

More Information

Building Style

Above Flood
Yes

Vehicle Storage

Car(s)
4+
Carport
Yes
Covered Parking
Yes
Guest Parking
Yes
Open Parking
Yes
RV Parking Open
Yes
Assigned Parking
Yes
Off Street Parking
Yes
Trailer Storage
Yes

Financial Status

Bank Owned
No

Remarks & Misc

Remarks – Consumer
Experience the ultimate Florida Keys lifestyle in this stunning split-level waterfront loft and take advantage of the vacation rental revenue. Ideally located in highly sought-after Lower Matecumbe. This exceptional 5-bedroom, 3-bath residence combines contemporary design with breathtaking water views, creating a truly unique island retreat. The thoughtfully designed layout features three spacious bedrooms on the lower level and two additional bedrooms upstairs, connected by a spectacular modern staircase that serves as a striking architectural centerpiece. Soaring ceilings and expansive windows fill the home with natural light, while the open-concept floor plan seamlessly connects the living, dining, and entertaining spaces. The sleek, modern kitchen is perfectly positioned to serve both everyday living and waterfront gatherings. Generously sized bedrooms and beautifully appointed bathrooms provide comfort and privacy for family and guests alike. Step outside to an impressive 667-square-foot waterfront screened deck overlooking the tranquil lagoon, offering the perfect setting for outdoor dining, entertaining, or simply enjoying the peaceful surroundings. Boaters will appreciate the deep-water dockage featuring a large boat slip and 16k boat lift, with convenient access to both the Atlantic Ocean and Florida Bay. Enjoy stunning views of the bayside lagoon and the ocean, along with world-class fishing, diving, and boating right from your backyard. Additional amenities include covered parking and ample storage space for all your water toys. Offering the perfect blend of modern elegance, waterfront living, and premier boating access, this remarkable Lower Matecumbe property is a rare opportunity to own a piece of paradise in one of Islamorada's most desirable locations. Onsite property management for true peace of mind.

Fee Includes

Bldg Exterior Mnt
Yes
Building Insurance
Yes
Cable
Yes
Common Area Mnt
Yes
Exterminating
Yes

Tax Exemptions

None
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Freezer
Yes
Ice Machine
Yes
Microwave
Yes
Oven
Yes
Range
Yes
Refrigerator
Yes
Stainless Steel Appliance(s)
Yes
Washer
Yes
Wine Cooler
Yes

Pets

Pets Allowed
Yes

Cooling

Ceiling Fans(s)
Yes
Central Air
Yes

Waterfront

Bay Front
Yes
Canal Front
Yes
Oceanfront
Yes
Open Water
Yes

Waterview

Bay/Gulf View
Yes
Canal View
Yes
Ocean View
Yes
Open Water View
Yes

Floor

Carpet
Yes
Tile
Yes
Vinyl
Yes

Neighborhood Feature

Beach
Yes
Bike Paths
Yes
Community Boat Ramp
Yes
Community Dockage
Yes
Manager on Premises
Yes

Interior Features

Bar
Yes
Built-in Cabinets
Yes
Cathedral Ceilings
Yes
Drapes/Blinds Incl
Yes
Entrance Foyer
Yes
Smoke Alarms
Yes
Storage
Yes
Walk-in Closet(s)
Yes
Whirlpool Bath Tub
Yes
Window Treatments
Yes

Property Condition

Updated/Remodeled
Yes

Specialty Rooms

Loft
Yes

Windows/Doors

Impact Rstnce Doors
Yes
Impact Rstnce Window
Yes
Sliding Glass Doors
Yes

Construction

CBS
Yes
Concrete
Yes

Land Size

1/2 - Less Than 1 AC
Yes

Furnished

Partially
Yes

Terms

Cash
Yes
Conventional
Yes

Utilities

Elect Separate Meter
Yes
FKAA
Yes
Municipal Sewer
Yes

Porch/Balcony

Screened Patio
Yes

Title

Title Ins - Buyer
Yes

Exterior Features

Lighting
Yes
Privacy Wall/Fence
Yes
Storage
Yes

Pre-Wired

Cable
Yes

Roof

Metal Roof
Yes

Shutters

Roll Down Electric
Yes

Property Features

Fee Includes: Bldg Exterior Mnt; Building Insurance; Cable; Common Area Mnt; Exterminating Tax Exemptions: None Waterfront: Bay Front; Canal Front; Oceanfront; Open Water Waterview: Bay/Gulf View; Canal View; Ocean View; Open Water View Dockage: Assigned Dock; Boat Lift; Boat Ramp; Boat Slip Property Condition: Updated/Remodeled Vehicle Storage: Carport; Assigned Parking; Covered Parking; Guest Parking; Off Street Parking; Open Parking; RV Parking Open; Trailer Storage Furnished: Partially Cooling: Ceiling Fans(s); Central Air Utilities: Elect Separate Meter; FKAA; Municipal Sewer Interior Features: Bar; Built-in Cabinets; Cathedral Ceilings; Drapes/Blinds Incl; Entrance Foyer; Smoke Alarms; Storage; Walk-in Closet(s); Whirlpool Bath Tub; Window Treatments Pre-Wired: Cable Specialty Rooms: Loft Appliances: Dishwasher; Dryer; Freezer; Ice Machine; Microwave; Oven; Range; Refrigerator; Stainless Steel Appliance(s); Washer; Wine Cooler Exterior Features: Lighting; Privacy Wall/Fence; Storage Construction: CBS; Concrete Shutters: Roll Down Electric Floor: Carpet; Tile; Vinyl Roof: Metal Roof Pets: Pets Allowed Neighborhood Feature: Beach; Bike Paths; Community Boat Ramp; Community Dockage; Manager on Premises Land Size: 1/2 - Less Than 1 AC Terms: Cash; Conventional Title: Title Ins - Buyer
Listing Office: Ocean Sotheby's International Realty
Last Updated: June - 19 - 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.