75131 Overseas Highway, Lower Matecumbe, FL 33036
$6,495,000
Property Type:
Vacant Land
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# 608979
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-11
- Alternate Key #
- 1491276
- Add'l Parcel #1
- 00398870-000000
- Parcel #
- 00398880-000000
- Zoning
- R1 - Residential Single Family
- Deed Restrictions
- Unknown
- Legal
- Lots 67 and 66, plus baybottom adjacent to Loys 66 of Matecumbe Ocean Beach Section A Lower Matecembe PB2-3
- Taxes
- 27699
- Tax Year
- 2023
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
- 2
- Lot SqFt
- 48000
- Lot Sqft Source
- Property Data Card
- Total Lots
- 3
- Survey Available
- No
- Vegetation Survey
- No
Status Change Info
- Contingent
- None
- Contingent Remarks
- inspections
Miscellaneous Info
- Mobile Home Lot
- No
Dockage
- Dock
- Other
More Information
Financial Status
- Bank Owned
- No
- Potential Short Sale
- No
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 Overeas Highway oceanside near MM 75
Assoc/Misc Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
Tax Exemptions
- Homestead
- Yes
Waterfront
- Oceanfront
- Yes
Waterview
- Ocean View
- Yes
Property Features
Tax Exemptions:
Homestead
Waterfront:
Oceanfront
Waterview:
Ocean View
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.
