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
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
- City
- ISLAMORADA
- Off Shore Island
- No
- Mile Marker
- 82
- Marathon Neighborhood
- N/A
- Side
- Bay/Gulf
- Flood Zone
- AE,AE
- Alternate Key #
- 1106151
- Parcel #
- 00092070-000000
- Zoning
- I - Industrial District
- Legal
- 13 63 37 PLANTATION KEY OR LONG ISLAND PT SW1/4 OF SE1/4 OR17-420/21 OR1188-1550/52PR OR1663-24477D/C OR1742-965/66/PET
- Taxes
- 10780.12
- Tax Year
- 2023
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
- Control Depth
- 0
- Total Units
- 0
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
Remarks & Misc
- Remarks – Consumer
- 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.
Deed Restrictions
- Unknown
- Yes
Type
- Boat Sales/Service
- Yes
- Hotel/Motel
- Yes
- Light Manufacturing
- Yes
- Professional Service
- Yes
- Wholesale Mfg/Wrhse
- Yes
Fee Includes
- None
- Yes
Dockage
- None
- Yes
Appliances
- No Appliances
- Yes
Waterfront
- None
- Yes
Waterview
- No Waterview
- Yes
Windows/Doors
- Other Windows/Doors
- Yes
Construction
- Combo Construction
- Yes
- Frame
- Yes
- Manufactured
- Yes
- Stucco
- Yes
Land Size
- 2 Less Than 5 Acres
- Yes
Terms
- Seller Finance Psble
- Yes
Utilities
- FKAA
- Yes
- Separate Meters
- Yes
Property Rights
- Other/See Remarks
- Yes
Miscellaneous
- High Traffc Location
- Yes
- High Visibility
- Yes
- Highway Frontage
- Yes
- Storage
- Yes
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
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.