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    72100 Overseas Hwy Islamorada, FL 33036

    For Sale
    $10,500,000

    Vacant Land - Craig Key, FL

    Days on Market:
    67
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 72100 Overseas Hwy

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    SR - Sub Urban Residential District
    APN
    00388530-000000

    Utilities

    Water front features
    Waterfront
    Water front
    1

    Building Details

    Architectural style
    Other

    Coastal Realty of the Florida (305) 522-0384 [email protected]

    Listing agent Derek Rodberg (305) 664-0077 License #3344667

    Listing date Oct 1, 2025

    MLS# 616671 Listing URL

    Copyright © 2025 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Craig Key Bayfront Legacy Estate

    This 1.62-acre bayfront property on Craig Key, south of Islamorada, offers open-water views and a lifestyle defined by privacy. The parcel boasts over 300 feet of waterfront, protected deep-water access, and a private boat basin with 106 feet of concrete dockage. It can accommodate yachts up to 100 feet with over 6 feet of depth. The acreage allows for design freedom to create a modern architectural masterpiece, a tropical island retreat, or a multi-generational family compound. Plans for a spectacular estate are available upon request. Craig Key is a quiet, exclusive enclave, while the restaurants, resorts, and vibrant culture of Islamorada are only minutes away. The property is zoned SR - Sub Urban Residential District and includes water rights. It offers the opportunity to create a landmark estate in the Florida Keys.
    Property Profile Location Intelligence

    Current Use by Public Records

    Waterfront Properties

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Hair Salon Nail Salon Auto Repair Shop Grocery Store Bar & Pub Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Islamorada
    County
    Monroe
    State
    Florida
    Longitude
    -80.760163
    Latitude
    24.838593

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    FAQs

    What type of property is this?
    Waterfront Property - Rare 1.62-acre bayfront property with deep-water access and dockage.
    Where is this waterfront property located?
    The property is located at 72100 Overseas Hwy Islamorada, FL.
    What is the asking price?
    The asking price for this property is $10,500,000.
    What are key features of this property?
    This property features: - 1.62-acre bayfront property with over 300 feet of waterfront.; - Deep-water access and a private boat basin with 106 feet of concrete dockage.; - Accommodates yachts up to 100 feet with over 6 feet of depth.
    (305) 664-0077
    Request Owner's contact information
    72100 Overseas Hwy Islamorada, FL 33036
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    72100 Overseas Hwy Islamorada, FL 33036
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