Waterfront Commercial Asset with Redevelopment
74560 Overseas Hwy Islamorada, Islamorada, FL 33036
Waterfront commercial property with redevelopment and multiple revenue paths.
Type:Commercial
Property size:
5,640 SFLot size:
0.34 AcresPrice / SF:
$691/SF- Added:
- Apr 27, 2026
- Days on Market:
- 18
- Last Refresh:
- Apr 27 at 10:12 am
Property Features for 74560 Overseas Hwy Islamorada
General Information
- Standard status
- Active
- Size
- 5,640 SF
- Lot size
- 0.34 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1983
Listing agent Elizabeth Jolin License #3502927 (305) 393-0994
Listing office Coldwell Banker Schmitt Islamorada (305) 393-0994
Listing date Apr 27, 2026
Source Elliman
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 Coldwell Banker Schmitt Islamorada
HighLights
- Premier waterfront commercial property with 100 feet of seawall and potential for up to 8 boat slips, offering direct access to Florida Bay and the Atlantic Ocean.
- Significant redevelopment potential: Zoning allows for four affordable housing units, one market‑rate residence, and 5,640 SF of commercial space.
- Multiple revenue streams possible through residential and marine‑oriented commercial activities.
- Generous on‑site parking available.
- Prime highway exposure on Overseas Highway.
- Commercial fishing zoning permits various uses, including restaurant, seafood market, or charter headquarters.
Overview
Located at 74560 Overseas Highway, this waterfront commercial asset offers multiple revenue paths and significant redevelopment potential. The property is situated on a 15,000 square foot parcel and includes generous on-site parking and 100 feet of seawall, capable of accommodating up to 8 slips. It provides premier highway exposure and immediate access to Florida Bay and the Atlantic Ocean. The zoning supports four affordable housing units, one market-rate residence, and 5,640 square feet of commercial space. This allows for a layered income strategy that blends residential density with marine-oriented business activity. The commercial fishing zoning allows for uses such as a restaurant, seafood market, marine outfitter, charter or fishing headquarters, or other enterprises aligned with the working waterfront. The property is located in Islamorada, Village of Islands, FL. The bike score is 46, indicating it is somewhat bikeable, and the walk score is 8, indicating it is car-dependent.
Location Intelligence
Current Use by Public Records
Waterfront Land
Location Insight
- Map
- Local Demand
- City
- Islamorada
- County
- Monroe
- State
- Florida
- Longitude
- -80.7287791
- Latitude
- 24.8570037
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FAQs
What type of property is this?
Waterfront Land - Waterfront commercial property with redevelopment and multiple revenue paths.
Where is this waterfront land located?
The property is located at 74560 Overseas Hwy Islamorada Islamorada, FL.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Premier waterfront commercial property with 100 feet of seawall and potential for up to 8 boat slips, offering direct access to Florida Bay and the Atlantic Ocean.; Significant redevelopment potential: Zoning allows for four affordable housing units, one market‑rate residence, and 5,640 SF of commercial space.; Multiple revenue streams possible through residential and marine‑oriented commercial activities.
