Search for Property

75131 Overseas Highway, Lower Matecumbe, FL 33036

$6,495,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,500 Lot Size (sq. ft.): 48,000 Status: Active
Current Price: $6,495,000 List Date: 10/22/2024 Last Modified: 12/10/2025

Overview

Description

Beautiful 200' of oceanfront property on Lower Matecumbe Key. This offering consists of one 100' lot, vacant with TDR & contiguously, a 100' lot with a triplex apartment building (3 TDRs),.This gives you endless possibilities for redevelopment of the property. The vacant lot has an additional 200' of bay bottom. Fantastic 180° ocean views make for gorgeous sunrises on the naturally sandy beaches. View Alligator Lighthouse, watch dolphins, manatees, and birds feeding on fish right in front of you. At night, beautiful full moon risings, cruise ships with their lights passing, and plenty of stars. Launch kayaks from the beach to do a little tarpon fishing and bonefish are making a comeback so you can wade with your fly rod for a thrill. Also snorkel for lobster in season in all the little crevices and holes off shore of the property. Recap: 200' of oceanfront made up of 1 vacant lot with TDR, 1 lot with 3 apartments, bay bottom on the vacant lot, for a total of 4 TDRs on the property ...

Listing Details MLS# 608546

Location, Tax & Legal

Street #
75131
Street Name
Overseas
Street Suffix
Highway
Key/Island
Lower Matecumbe
State/Province
FL
Zip Code
33036
County
Monroe
Subdivision
Mat Ocean Beach (75.0)
Area
22 - Lower Matecumbe
City
ISLAMORADA
Mile Marker
75
Marathon Neighborhood
N/A
Side
Ocean
Flood Zone
AE elev 11
Alternate Key #
1491276
Add'l Parcel #1
00398870-000000
Parcel #
00398880-000000
Zoning
R1 - Residential Single Family
Deed Restrictions
Unknown
Legal
Lots 67 & 66 plus bay bottom adjacent to Lot 66 of Matecube Ocean Beach Section A Lower Matecumbe PB2-39
Taxes
27699
Tax Year
2023
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Florida Keys

General Property Description

Realtor.COM Type
Residential - Single Family
Style
Single Family
Waterfront
Yes
Control Depth
2
Pool
No
Year Built
1957
Total Units
3
Lot SqFt
48000
Lot Sqft Source
Tax Records
Acres
1.1
Living Apx SqFt
1500
SqFt Source
Property Data Card
Total Bedrooms
3
Full Baths
3
Total Baths
3
Rentals Allowed
With Restrictions

Status Change Info

Contingent
None
Contingent Remarks
inspections

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No
Association Fee $
0

Building Style

Above Flood
No
Ground Level
Yes

More Information

Remarks & Misc

Remarks – Consumer
Beautiful 200' of oceanfront property on Lower Matecumbe Key. This offering consists of one 100' lot, vacant with TDR & contiguously, a 100' lot with a triplex apartment building (3 TDRs),.This gives you endless possibilities for redevelopment of the property. The vacant lot has an additional 200' of bay bottom. Fantastic 180° ocean views make for gorgeous sunrises on the naturally sandy beaches. View Alligator Lighthouse, watch dolphins, manatees, and birds feeding on fish right in front of you. At night, beautiful full moon risings, cruise ships with their lights passing, and plenty of stars. Launch kayaks from the beach to do a little tarpon fishing and bonefish are making a comeback so you can wade with your fly rod for a thrill. Also snorkel for lobster in season in all the little crevices and holes off shore of the property. Recap: 200' of oceanfront made up of 1 vacant lot with TDR, 1 lot with 3 apartments, bay bottom on the vacant lot, for a total of 4 TDRs on the property Note: One of the owners is a State of Florida Real Estate Licensee
Directions
On Overseas Highway oceanside near MM 75

Fee Includes

None
Yes

Dockage

None
Yes

Tax Exemptions

None
Yes

Appliances

No Appliances
Yes

Pets

Pets Allowed
Yes

Waterfront

Oceanfront
Yes

Waterview

Ocean View
Yes

Construction

Concrete
Yes

Land Size

More than 1 Lot
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Oceanfront Waterview: Ocean View Dockage: None Building Style: Ground Level Utilities: FKAA; Municipal Sewer Appliances: No Appliances Construction: Concrete Pets: Pets Allowed Land Size: More than 1 Lot
Listing Office: Century 21 Circle- Islamorada
Last Updated: December - 10 - 2025
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.