For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

75131 Overseas Hwy Islamorada, FL 33036

Sponsored
For Sale
$6,495,000

Vacant Land - Lower Matecumbe, FL

Days on Market:
168
Last Refresh:
Jan 8 at 4:06 pm

Property Features for 75131 Overseas Hwy

General Information

Property type
Land
Property subtype
Other
Standard status
Active
Zoning
R1 - Residential Single Family
APN
00398880-000000

Utilities

Water front features
Oceanfront, Waterfront
Water front
1

Building Details

Architectural style
Other

Schwartz Property Sales (904) 269-7117 [email protected]

Listing agent Randy Selden (305) 664-4637 License #0313574

Listing date Jul 25, 2025

MLS# 608979 Listing URL

Copyright © 2026 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

Oceanfront Land with Redevelopment Potential

This offering features 200 feet of oceanfront property located in Lower Matecumbe Key. It includes a 100-foot vacant lot with Transferable Development Rights (TDR) and an adjacent 100-foot lot improved with a triplex apartment building, which includes 3 TDRs. The property's zoning is R1 - Residential Single Family. The vacant lot also includes an additional 200 feet of bay bottom. The location offers 180-degree ocean views, ideal for observing sunrises over the naturally sandy beaches. The area is known for sightings of Alligator Lighthouse, dolphins, manatees, and various bird species feeding on fish. Nighttime views include moon risings, cruise ships, and stars. The beach provides access for launching kayaks, with opportunities for tarpon fishing. Bonefish are also returning to the area, offering chances for fly fishing. Snorkeling for lobster is possible during the season in the crevices and holes offshore. The property offers possibilities for redevelopment.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Restaurant Realty agency Wholesale Shop Clothing Store Gym & Fitness Hotel & Motel Food Market Grocery Store Veterinary Clinic Travel Agency

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

Location Insight

  • Map
  • Local Demand
City
Islamorada
County
Monroe
State
Florida
Longitude
-80.717823
Latitude
24.86124

FAQs

What type of property is this?
Triplex - 200' oceanfront property with redevelopment possibilities in Lower Matecumbe, FL.
Where is this triplex located?
The property is located at 75131 Overseas Hwy Islamorada, FL.
What is the asking price?
The asking price for this property is $6,495,000.
What are key features of this property?
This property features: - 200' of Oceanfront Property: A substantial oceanfront parcel offering significant value.; - Redevelopment Potential: Includes a vacant lot and a lot with a triplex.; - Total of 4 Transferable Development Rights (TDRs) included, enhancing development possibilities.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message