82925 Overseas Highway, Upper Matecumbe Key Islamorada, FL 33036
$3,300,000
Property Type:
Commercial Sale
Bedrooms:
8
Baths:
8
Lot Size (sq. ft.):
1,500
Status:
Active
Current Price:
$3,300,000
List Date:
1/05/2026
Last Modified:
1/06/2026
Description
Two contiguous commercial parcels present a compelling development opportunity at the primary entry point to Islamorada.
Currently operating as a historic mobile home park, the Village of Islamorada has determined the property is entitled to eight market-rate development rights, offering flexibility to continue operations as-is or pursue redevelopment with new residential dwellings.
This highly visible location marks the arrival into Islamorada and provides immediate access to the area's renowned fishing, diving, dining, and retail amenities.
A rare opportunity to invest in a well-positioned asset within the charmed Islamorada real estate market.
More Information MLS# 617940
Contract Information
Listing Board: Florida Keys
Limited Representation: No
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: No
Current Price: $3,300,000
Listing Date: 2025-12-15
List Price: $3,300,000
Location, Tax & Legal
City: ISLAMORADA
Off Shore Island: No
Mile Marker: 82.5
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: .2 PCT ANNUAL CHANC
Alternate Key #: 00403630-000000
Add'l Parcel #1: 82929 Overseas hwy
Parcel #: 00403630-000000
Zoning: VC - Village Center
Legal: BK 1 LT 13 OCEAN VIEW PB1-193 UPPER MATECUMBE
Taxes: 3988
Tax Year: 2025
Street #: 82925
Street Name: Overseas
Street Suffix: Highway
Key/Island: Upper Matecumbe Key Islamorada
State/Province: FL
Zip Code: 33036
Subdivision: Ocean View (82.5)
County: Monroe
Area: 23 - Upper Matecumbe
General Property Description
Realtor.COM Type: Multi-Family
Waterfront: No
Control Depth: 0
Lot Size: 1500
Lot SqFt: 1500
SqFt Source: Tax Records
Style: Residential Income
Year Built: 1975
Total Bedrooms: 8
Full Baths: 8
Total Baths: 8
Remarks & Misc
Remarks – Consumer: Two contiguous commercial parcels present a compelling development opportunity at the primary entry point to Islamorada.
Currently operating as a historic mobile home park, the Village of Islamorada has determined the property is entitled to eight market-rate development rights, offering flexibility to continue operations as-is or pursue redevelopment with new residential dwellings.
This highly visible location marks the arrival into Islamorada and provides immediate access to the area's renowned fishing, diving, dining, and retail amenities.
A rare opportunity to invest in a well-positioned asset within the charmed Islamorada real estate market.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Type
Other Services: 1
Fee Includes
Other: 1
Dockage
None: 1
Waterfront
None: 1
Waterview
No Waterview: 1
Vehicle Storage
Common Parking: 1
Construction
Manufactured: 1
Land Size
1/4 - 1/2 Acre: 1
Utilities
FKAA: 1
Property Rights
Transfer Bldg Rights: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Status: Active
Property Features
Type: Other Services
Waterfront: None
Waterview: No Waterview
Dockage: None
Vehicle Storage: Common Parking
Utilities: FKAA
Construction: Manufactured
Land Size: 1/4 - 1/2 Acre
Fee Includes: Other
Property Rights: Transfer Bldg Rights
Listing Office:
Coldwell Banker Schmitt Islamorada
Last Updated: January - 06 - 2026
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.