Versatile Industrial Land with Bayfront

86560 Overseas Highway Upper Matecumbe Key Islamorada, FL 33070

Claim this Listing
Pending
$4,499,000

COMMERCIAL - Upper Matecumbe Key Islamorada, FL

Property size:
1,080 SF
Lot size:
3.12 Acres
Added:
Sep 5, 2024
Days on Market:
677
Last Refresh:
Jul 13 at 5:06 am

Property Features for 86560 Overseas Highway Upper Matecumbe Key

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
I - Industrial District
Bedrooms
2
Rooms
Bedroom 1, Bedroom 2
Appliances
No Appliances
Standard status
Pending
APN
00092070-000000
Size
1,080 SF
Lot size
3.12 Acres

Taxes and HOA fees

Tax Year
2023
Tax Description
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
Tax Annual Amount
10780

Building Details

Year built
1928
Building materials
Frame, Stucco, Manufactured, Combo Construction

Listing agent The Lazcos Team - David and Publio Lazcos License #30534073

Listing office Real Estate Sales Force, Inc. 93997 Overseas Hwy., Key Largo, FL

Listing date Sep 5, 2024

MLS# 611348

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.

This property features 3 acres of industrial upland, with an additional 9 acres of bayfront land. Plans for a 100-foot dock and two 30,000 lb boat lifts on the bayfront are negotiable. The property has 150 feet of frontage on US1 and is located north of the weigh station. The Village of Islamorada 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. There are currently four structures on the property. The property is located in Upper Matecumbe Key Islamorada, FL. The zoning is I - Industrial District. The property offers a range of potential uses, including residential. The seller is open to subdividing the land. Seller financing is available for qualified buyers.

Key Highlights

  • Significant development potential: build over 30,000 sq ft on 3.12 acres.
  • Bayfront access: includes 9 acres of bayfront land. Negotiable plans for a 100' dock and two 30,000 lb boat lifts.
  • Flexible land use: one of the few remaining properties in Monroe County with diverse potential uses, including residential.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Industrial land

FAQs

What type of property is this?
Industrial land - 3+ acres industrial land with bayfront, development potential.
Where is this industrial land located?
The property is located at 86560 Overseas Highway Upper Matecumbe Key Islamorada, FL.
What is the asking price?
The asking price for this property is $4,499,000.
What are key features of this property?
This property features: Significant development potential: build over 30,000 sq ft on 3.12 acres.; Bayfront access: includes 9 acres of bayfront land. Negotiable plans for a 100' dock and two 30,000 lb boat lifts.; Flexible land use: one of the few remaining properties in Monroe County with diverse potential uses, including residential.
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More about this property
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