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
...
(Read more)
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
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.
