Search
Waterfront Land With Boat Basin
For Sale
$5,750,000

11-62250 Overseas Hwy, Conch Key, FL 33001

MU-zoned private island holding with licensed transient entitlements, rental cottages, a pool, and redevelopment flexibility.

Property SizeContact for details
Days on Market217

Property Features for 11-62250 Overseas Hwy

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $40,021
Listing Agency: RE/MAX All Keys Real Estate
Listed By: Gregory Dully · License #3420625
Source: Exprealty
Added: Jan 27 Changed: Aug 31 Last Checked: Aug 31 at 12:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX All Keys Real Estate

Investment Insights

Based on property information with market context.

This private island property at 11-62250 Overseas Hwy includes approximately 86,183 square feet, or 1.98 acres, of uplands, along with 1.76 acres of environmentally protected land and approximately 8.69 acres of owned submerged Atlantic Ocean baybottom. Improvements include three elevated two-bedroom, two-bath vacation rental cottages of approximately 826 square feet each, a concrete in-ground pool, a concrete seawall, and a deep-water boat basin. The property also has hundreds of linear feet of water frontage.

Zoned MU, or Mixed Use, the site supports consideration of a boutique hotel, restaurant, campground, or upscale RV park. Sixteen Monroe County transient licensed entitlements are included. The property is accessed directly from Overseas Hwy at MM 62, is visible from Tom's Harbor Cut Bridge, and is located minutes from Marathon and Marathon International Airport, approximately 90 miles from Miami.

Conceptual plans on file address a boutique hotel, restaurant, marina, boat docks, and luxury aqua lodges. Existing cottages provide an operating use while future development plans are evaluated.

Key Highlights

  • Approximately 1.98 acres of uplands, plus 1.76 acres of environmentally protected land
  • Approximately 8.69 acres of owned submerged Atlantic Ocean baybottom
  • Three elevated 2BR/2BA vacation rental cottages, approximately 826 SF each

Property Analytics

Current Use

Waterfront Land

Location Intelligence

Trade Area within ½ mile

21
Businesses Nearby

Demographics for 33001, FL

411
Population
612
Households
0.7
Avg Household Size
58
Median Age
29%
College-Educated
100%
High-School Grad
2.0 sq mi
ZIP Area
206
Density / Sq Mi
$60,750
Median Household Income
$39,583
Median Earnings
$1,563
Median Rent
$602,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Waterfront Land - MU-zoned private island holding with licensed transient entitlements, rental cottages, a pool, and redevelopment flexibility.
Where is this waterfront land located?
The property is located at 11-62250 Overseas Hwy Conch Key, FL.
What is the asking price?
The asking price for this property is $5,750,000.
What are key features of this property?
This property features: Approximately 1.98 acres of uplands, plus 1.76 acres of environmentally protected land; Approximately 8.69 acres of owned submerged Atlantic Ocean baybottom; Three elevated 2BR/2BA vacation rental cottages, approximately 826 SF each
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