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82900 Old Highway, Upper Matecumbe Key Islamorada, FL 33036

$6,750,000
Property Type: Vacant Land Lot Size (sq. ft.): 339,102 Status: Active
Current Price: $6,750,000 List Date: 11/06/2023 Last Modified: 10/30/2025

Overview

Description

OCEANFRONT ACREAGE IN HEART OF ISLAMORADA! Discover a unique opportunity to own oceanfront acreage right in the heart of Islamorada, the jewel of the Florida Keys. This remarkable property encompasses over 7 acres of pristine upland, complemented by baybottom, and comes with a coveted building right, allowing you to create your dream estate. With an astonishing 700 feet of direct Atlantic beachfront, your oasis in paradise awaits. Nestled in the vibrant community of Upper Matecumbe Key, you have the canvas to craft your vision, with space for your main residence, a caretaker cottage, a detached guest house, a tennis court, and even a charming boardwalk leading to your very own private sandy beach. Not only does this piece of paradise offer unparalleled beauty and space, but it also boasts zoning that allows for weekly rental potential, making it a valuable investment. Seize the opportunity to make your waterfront dreams a reality in the Florida Keys. This is your chance to create a leg ...

Listing Details MLS# 607307

Location, Tax & Legal

Street #
82900
Street Name
Old
Street Suffix
Highway
Key/Island
Upper Matecumbe Key Islamorada
State/Province
FL
Zip Code
33036
County
Monroe
Subdivision
Peacon-Leatherman (83.0)
Area
23 - Upper Matecumbe
City
ISLAMORADA
Mile Marker
83
Marathon Neighborhood
N/A
Side
Ocean
Flood Zone
AE,AE,AE,VE,AE,VE,VE
Alternate Key #
1496774
Add'l Parcel #1
8 additional parcels
Parcel #
00404520-000000
Zoning
NR - Native Residential
Deed Restrictions
No
Legal
THE PEACON-LEATHERMAN TR UPPER MATECUMBE KEY TR 2 OR552-198 OR825-2125/26 OR1477-1562 OR1477-1563 OR1684-2330/33 OR1989-
Taxes
6714.94
Tax Year
2022

Contract Information

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

General Property Description

Realtor.COM Type
Vacant Land
Waterfront
Yes
Control Depth
2
Lot SqFt
339102
Lot Sqft Source
Tax Records
Total Lots
6
Survey Available
Yes

Miscellaneous Info

Mobile Home Lot
No

Financial Status

Bank Owned
No
Potential Short Sale
No

More Information

Remarks & Misc

Remarks – Consumer
OCEANFRONT ACREAGE IN HEART OF ISLAMORADA! Discover a unique opportunity to own oceanfront acreage right in the heart of Islamorada, the jewel of the Florida Keys. This remarkable property encompasses over 7 acres of pristine upland, complemented by baybottom, and comes with a coveted building right, allowing you to create your dream estate. With an astonishing 700 feet of direct Atlantic beachfront, your oasis in paradise awaits. Nestled in the vibrant community of Upper Matecumbe Key, you have the canvas to craft your vision, with space for your main residence, a caretaker cottage, a detached guest house, a tennis court, and even a charming boardwalk leading to your very own private sandy beach. Not only does this piece of paradise offer unparalleled beauty and space, but it also boasts zoning that allows for weekly rental potential, making it a valuable investment. Seize the opportunity to make your waterfront dreams a reality in the Florida Keys. This is your chance to create a legacy estate that combines coastal luxury with the convenience of town living. Don't miss out on this once-in-a-lifetime opportunity!
Directions
Turn onto Old Highway as you enter Upper Matecumbe Key. Look for signs on left/oceanside.

Assoc/Misc Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No

Dockage

None
Yes

Tax Exemptions

None
Yes

Waterfront

Oceanfront
Yes
Open Water
Yes

Waterview

Ocean View
Yes
Open Water View
Yes

Location/Site

Water Frontage
Yes

Existing Utilities

None
Yes

BuildingPermit

Other Permit
Yes

Security

No Security
Yes

Land Size

5 Less Than 10 Acres
Yes

Terms

Buyer Obtain Finance
Yes
No Seller Finance
Yes

Title

Title Ins - Buyer
Yes

Property Features

Tax Exemptions: None Waterfront: Oceanfront; Open Water Dockage: None Waterview: Ocean View; Open Water View Existing Utilities: None BuildingPermit: Other Permit Security: No Security Land Size: 5 Less Than 10 Acres Terms: Buyer Obtain Finance; No Seller Finance Title: Title Ins - Buyer
Listing Office: Ocean Sotheby's International Realty
Last Updated: October - 30 - 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.