Waterfront Commercial Asset with Redevelopment
For Sale
Contact for pricing
74560 Overseas Highway, Islamorada, FL 33036
Waterfront commercial property with redevelopment potential and multiple revenue streams.
Property Size6,071 SF
Lot Size0.34 Acres
Price / SF$551.64
Days on Market185
Property Features for 74560 Overseas Highway
General Information
Standard status
Active
Size
6,071 SF
Lot size
0.34 Acres
Property subtype
Land
Building Details
Year Built
1983
Listing Agency:
Coldwell Banker Commercial Schmitt Real Estate Company Islamorada
(305) 393-0994
Listed By:
Elizabeth Jolin · License #3502927
Source:
Crexi
Added: Feb 19
Changed: Aug 8
Last Checked: Aug 8 at 2:46PM
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 Commercial Schmitt Real Estate Company Islamorada
Investment Insights
Based on property information with market context.
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 with on-site parking and 100 feet of seawall, accommodating up to 8 slips. It provides highway exposure and 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, creating a layered income strategy. The existing structure features wraparound windows with Atlantic views, plus a top-floor penthouse suite suited for owner occupancy, executive housing, or premium rental use, subject to approvals. The building configuration can also accommodate a rooftop helipad. Commercial Fishing zoning allows for uses such as a destination restaurant, seafood market, marine outfitter, charter or backcountry fishing headquarters, marina-support retail, or other enterprises aligned with the working waterfront. The property size is 6,071 square feet.
Key Highlights
- Premier highway exposure with immediate Florida Bay and Atlantic Ocean access.
- Significant redevelopment potential with zoning supporting multiple income streams (affordable housing, market‑rate residence, commercial space).
- 100 feet of seawall capable of accommodating up to 8 slips.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
90
Businesses Nearby
Explore this area
Business Placement
Demographics for 33036, FL
3,541
Population
3,651
Households
1
Avg Household Size
56
Median Age
40%
College-Educated
97%
High-School Grad
5.8 sq mi
ZIP Area
611
Density / Sq Mi
$88,214
Median Household Income
$46,735
Median Earnings
$1,846
Median Rent
$995,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Waterfront commercial property with redevelopment potential and multiple revenue streams.
Where is this waterfront land located?
The property is located at 74560 Overseas Highway Islamorada, FL.
What is the asking price?
The asking price for this property is $3,349,000.
What are key features of this property?
This property features: Premier highway exposure with immediate Florida Bay and Atlantic Ocean access.; Significant redevelopment potential with zoning supporting multiple income streams (affordable housing, market‑rate residence, commercial space).; 100 feet of seawall capable of accommodating up to 8 slips.**
