Islamorada Land with Development
81910 & 81908 Overseas Highway Upper Matecumbe Key Islamorada, FL 33036
81910 & 81908 Overseas Highway Upper Matecumbe Key, Islamorada, FL, 33036
$6,500,000
Pending
For Sale
$6,500,000
Pending
LAND - Upper Matecumbe Key Islamorada, FL
Property Size3,995 SF
Lot Size0.70 Acres
Days on Market681
Property Features for 81910 & 81908 Overseas Highway Upper Matecumbe Key
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- VC - Village Center
- Standard status
- Pending
- APN
- 00399290-000000
- Size
- 3,995 SF
- Lot size
- 0.70 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- STRATTONS SUBD UPPER MATECUMBE PB2-38 NW'LY PT LOT 3 SQR 3 AND ADJ BAY BTM (.09AC) G24-94 G36-377 OR613-708 OR773-1639/1
- Tax Annual Amount
- 15880
Utilities
- Water front
- 1
Listing Agency
Ocean Sotheby's International Realty
(305) 712-8888
81888 Overseas Hwy, Islamorada, FL
Listed by
Jocelyn Tiedemann · License #3112429
(305) 522-3652
Added: Sep 7, 2024 Checked: Jul 19 at 8:06 pm
MLS# 611386
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.
Investment Insights
Based on property information with market context.
Located in the heart of Islamorada, this property offers investment potential. It includes two Village Center parcels stretching from the highway to the bay. Currently, the property features a 3,995 sqft restaurant and bar with a 5COP liquor license. The property spans 30,415 sqft. The Village Center zoning allows for multiple use opportunities including single family estate, multi family compound, luxury townhomes, vacation rentals, restaurants, marinas, and a general store with package sales. The property includes a bayfront boat basin, and plans are in place for the construction of an additional 100' dock. The Village of Islamorada officially recognizes three waterfront market-rate dwelling units. These three waterfront Transferable Development Rights (TDRs) can be utilized onsite, transferred to another location, or sold to a receiver site. The Village Center Zoning would allow up to 8 market-rate dwelling units to be developed on site for a new luxury townhome community, with the transfer in of additional TDRs. This property is located in Upper Matecumbe Key Islamorada, FL.
Key Highlights
- Two Village Center parcels stretching from Highway to Bay in the heart of Islamorada.
- Includes a valuable 5COP liquor license with no food quota.
- Bayfront boat basin and plans for an additional 100' dock.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bars & Pubs
Similar For Sale Nearby
FAQs
What type of property is this?
Bar & Pub - Spacious land with restaurant, bar, and development opportunities.
Where is this bar & pub located?
The property is located at 81910 & 81908 Overseas Highway Upper Matecumbe Key Islamorada, FL.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Two Village Center parcels stretching from Highway to Bay in the heart of Islamorada.; Includes a valuable 5COP liquor license with no food quota.; **Bayfront boat basin and plans for an additional 100' dock.**
