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75971 Overseas Highway, Lower Matecumbe, FL 33036

$2,700,000
Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 6,065 Lot Size (sq. ft.): 42,253 Status: Closed
Current Price: $2,700,000 List Date: 10/15/2020 Last Modified: 9/03/2024

Overview

Description

GREAT NEW PRICE! Beachfront Estate & Income Property! A successful weekly vacation rental, 'Turtle Nest Estate' has achieved an average gross income of $200,000/year so this property could potentially be self-funding! Booked leases will be transferred to buyer upon sale. In addition to rental income, you can also enjoy your own tropical beachfront paradise in desirable Islamorada near all the most popular diving and fishing spots. Relax on the 150-foot beach, soak in some rays by the pool, or enjoy nearby fine dining, entertainment & local attractions. This luxurious home offers a 1.3 acre lot, more than 6,000 sf under air, an oceanfront pool with integrated hot tub, a wade-in sandy beach and an observation pier. Two-car garage, theater room, split floor plan, guest wing & more!

Supplements: One of the remarkable features of this home is the expansive great room which features walls of sliding glass that pocket back to open up the entire living room and welcome in the wrap-around open ocean views. The split plan also offers owner privacy with the upstairs private master suite situated opposite the additional bedrooms and the attached p ...

Listing Details MLS# 588803

Location, Tax & Legal

Street #
75971
Street Name
Overseas
Street Suffix
Highway
Key/Island
Lower Matecumbe
State/Province
FL
Zip Code
33036
County
Monroe
Subdivision
Mat Ocean Bay (75.0)
Area
22 - Lower Matecumbe

Contract Information

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

General Property Description

Realtor.COM Type
Residential - Single Family
Style
Single Family
Waterfront
Yes
Control Depth
2
Pool
Yes
Year Built
2006
Total Units
Yes
Lot SqFt
42253
Acres
1.31
Living Apx SqFt
6065
SqFt Source
Tax Records
Total Bedrooms
4
Full Baths
4
Half Baths
Yes
Total Baths
5
Rentals Allowed
Yes
Min Rental Days
7

Status Change Info

Under Contract Date
2020-11-18
Leased Date
2021-01-19

Association Info

Mandatory Home Owners Asc
No
Voluntary Home Owners Asc
No
1st Right of Refusal
No

License Info

Transient Rntl Licns
Yes

More Information

Building Style

Above Flood
Yes

Specialty Rooms

Guest/Servant Qtrs
Legal

Pool Info

Other
partially elevated

Financial Status

Bank Owned
No
Potential Short Sale
No

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Dockage: None Vehicle Storage: Garage; Attached; Covered Parking; Guest Parking; Off Street Parking; Open Parking; RV Parking Open; Trailer Storage Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air Utilities: Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Built-in Cabinets; Cathedral Ceilings; Elevator; Granite Counter Top; Split Bedroom; Walk-in Closet(s); Whirlpool Bath Tub Specialty Rooms: Laundry Room Appliances: Dishwasher; Dryer; Oven; Range; Refrigerator; Washer Exterior Features: Sandy Beach Accessibility Feat: Accessible Elevator Installed Pool Info: In Ground; Concrete; Decked Construction: CBS Floor: Marble; Tile Roof: Metal Roof Pets: Pets Allowed Land Size: 1 Less Than 2 Acres Title: Title Ins - Buyer

Documents

Listing Office: Coldwell Banker Schmitt Islamorada
Last Updated: September - 03 - 2024
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.
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