Water Views
Address
74450 Overseas Highway, Lower Matecumbe, FL
Price
$ 1,680,000
Property Attributes
- MLS#620533
- TypeSingle Family
- Listing Status Active
- CountyMONROE
- CityLower Matecumbe
- AreaLower Matecumbe
- NeighborhoodWhite Marlin Bch
- Zip33036
- StyleSingle Family
- Year Built1967
- Taxes$ 7363
- Price$ 1,680,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1980
- Lot Size0.16 Acres
Data Source:
Florida Keys MLS (FLKMLS)
Property Description
Rare Mixed-Use Opportunity with Spectacular Ocean Views in Islamorada MM 74.5.Endless possibilities await at this highly visible, commercially zoned property located directly on the Overseas Highway at Mile Marker 74.5. Offering breathtaking open Atlantic Ocean views and exceptional highway frontage, this unique property is ideal for investors, entrepreneurs, or anyone seeking the perfect live-work lifestyle in the Florida Keys.Originally permitted as a three-unit apartment building, the property is currently configured with two primary living/work spaces, creating the opportunity for a buyer to explore the potential for a third apartment or reconfigure the property to suit their vision, subject to local approvals. Whether you're looking to maximize rental income, establish a business with residential accommodations, or create a one-of-a-kind family compound, the flexibility here is exceptional.The Neighborhood Commercial (NC) zoning opens the door to a wide variety of commercial uses while the existing residential layout also lends itself beautifully to conversion into a spacious single-family residence with incredible ocean views. Imagine waking each morning to the sunrise over the Atlantic while operating your business from one of Islamorada's most recognizable and accessible locations.The property offers generous parking, excellent visibility, fenced outdoor space, and a location surrounded by restaurants, shopping, marinas, and the best of the Florida Keys lifestyle. Opportunities with this combination of commercial frontage, residential flexibility, income potential, and unobstructed ocean views are exceptionally rare.Whether your vision is investment, business, residential living, or a combination of all three, this is a property where imagination truly becomes opportunity.
| Price History | |
|---|---|
| 7/5/2026 | Listed $1,680,000 |
General Features
| Living Area | 1980.00 |
|---|---|
| Construction | CBS,Concrete |
| Utilities | FKAA,Buyer to Verify |
| Roof | Concrete Roof,Tar/Gravel Roof |
| Appliances | Washer,Microwave,Oven,Refrigerator,Dryer |
| Flood Zone | AE,AE |
| Zoning | NC - Neighborhood Commercial |
| HOA Fee | 300.00 |
| Pets Allowed Y/N | Pets Allowed |
| Status | Active |
| Full Baths | 2 |
| Year Built | 1967 |
| Subdivision | White Marlin Bch (74.5) |
| Style | Single Family |
| View | Ocean View,Open Water View |
| Property Type | A |
| Neighborhood Feature | Bike Paths |
| Fee Includes | Other |
| Acres | 0.16 |
| Lot Sqft | 6900.00 |
| Rental Allowed | With Restrictions |
| HOA/Maint Fee Per | Yearly |
| Building Style: Above Flood | Unknown |
| Building Style: Stories | 2 Stories |
| Dockage | None |
Interior Features
| Interior Amenities | Other |
|---|---|
| Total Units | 0.00 |
| Furnished Y/N | Partially,Negotiable |
| Flooring | Tile,Laminate |
| Specialty Rooms | Laundry Room,Workshop |
Exterior Features
| Exterior Amenities | Fencing,Storage,Outdoor Shower |
|---|---|
| Pool | No |
| Waterfront | None |
| Lot Size | 60 X 115 |
| Land Size | Less Than 1/4 Acre |
| Public Sewer Hookup | Yes |
| Shutters | Other |
| Side | Bay/Gulf |
| Vehicle Storage | Guest Parking,Trailer Storage,Off Street Parking |
| Vehicle Storage: Car(s) | 4+ |
| Windows/Doors | Aluminum Windows,Impact Rstnce Window,Impact Rstnce Doors |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33036
Price
Taxes
Year Built
Visits
Information is deemed to be reliable, but is not guaranteed. © 2026 MLS and FBS. Prepared by Florida Keys MLS, Inc. on September 22, 2026 11:14 AM UTC The information on this sheet has been made available by the MLS and may not be the listing of the provider. 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
