86560 Overseas Highway, Upper Matecumbe Key Islamorada, FL 33070 (MLS# 611348)

86560 Overseas Highway, Upper Matecumbe Key Islamorada, FL 33070

$4,499,000

Property Type: Commercial Sale Bedrooms: 2 Square Footage: 1,080 Lot Size (sq. ft.): 135,907 Status: Pending

Current Price: $4,499,000 List Date: 9/05/2024 Last Modified: 5/27/2026

Overview

Description

This exceptional property features 3 acres of pristine industrial upland, complemented by an additional 9 acres of bayfront land. The bayfront area includes plans for a 100' dock and two 30,000 lb boat lifts, which can be negotiated. The property boasts 150 feet of US1 frontage and is conveniently located north of the weigh station. The Village of Islamorada officially recognizes 1,972 square feet of non-residential floor area, one market-rate dwelling unit, and two affordable housing units on the property. The current zoning code permits the construction of over 30,000 square feet, based on 3.12 acres or 10,000 square feet per acre. Presently, there are four structures on the property. The seller is open to subdividing the land to meet the buyer's needs. This is one of the few properties left in Monroe County with a wide range of potential uses, including residential. Seller financing is available for qualified buyers.

Listing Details MLS# 611348

Location, Tax & Legal

Street #: 86560
Street Name: Overseas
Street Suffix: Highway
Key/Island: Upper Matecumbe Key Islamorada
State/Province: FL
Zip Code: 33070
Subdivision: Misc Upper Matacumbe (82.0)
County: Monroe
Area: 23 - Upper Matecumbe

Contract Information

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

General Property Description

Realtor.COM Type: Commercial
Style: Industrial
Lot SqFt: 135907
Waterfront: No
Building SqFt: 1080
SqFt Source: Tax Records
Living Apx SqFt: 1080
Year Built: 1928
Total Bedrooms: 2

Status Change Info

Under Contract Date: 2025-08-13

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: Yes

Financial Status

Bank Owned: No
Potential Short Sale: No

More Information

Property Features

Deed Restrictions: Unknown Type: Boat Sales/Service; Hotel/Motel; Light Manufacturing; Professional Service; Wholesale Mfg/Wrhse Waterfront: None Waterview: No Waterview Dockage: None Utilities: FKAA; Separate Meters Appliances: No Appliances Miscellaneous: High Traffc Location; High Visibility; Highway Frontage; Storage Construction: Combo Construction; Frame; Manufactured; Stucco Land Size: 2 Less Than 5 Acres Fee Includes: None Terms: Seller Finance Psble Property Rights: Other/See Remarks

Listing Office: Real Estate Sales Force, Inc.

Last Updated: May - 27 - 2026

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