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Waterfront Mixed-Use Property

74560 Overseas Highway, Islamorada, FL 33036

For Sale
$3,100,000

Commercial Sale, Lower Matecumbe, FL

Property Size6,071 SF
Lot Size0.35 Acres
Price / SF$510.62
Days on Market268

Property Features for 74560 Overseas Highway

General Information

Property type Commercial Sale
Property subtype Other
Zoning CF - Commercial Fishing
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 2
Appliances Refrigerator, Washer, Dryer, Dishwasher
Subdivision Mat Sandy Bch (75.0)
View Harbor, Water, Ocean
Standard status Active
APN 00394480-000105
Size 6,071 SF
Lot size 0.35 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description MATECUMBE SANDY BEACH PB3-127 LOWER MATECUMBE KEY PT TRACT 5 (AKA PARCEL #5)
Tax Annual Amount 20435
Legal Description MATECUMBE SANDY BEACH PB3-127 LOWER MATECUMBE KEY PT TRACT 5 (AKA PARCEL #5)

Utilities

Water front features Ocean Front
Water front 1

Building Details

Year built 1983
Floors in Building 3
Building materials CBS
Listing Agency: Coldwell Banker Schmitt Islamorada
Listed By: Alina Davis · License FL #3216995
Added: Feb 16 Changed: Nov 9 Last Checked: Nov 10 at 6:06AM
MLS# 618699

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.

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Investment Insights

Based on property information with market context.

Located at 74560 Overseas Highway in Lower Matecumbe, this 6,071-square-foot oceanfront mixed-use property was built in 1983 on a 0.35-acre parcel. The CBS structure includes wraparound windows, a top-floor penthouse suite, three bedrooms, three bathrooms, and appliances including a refrigerator, washer, dryer, and dishwasher. The site also includes on-site parking and 100 feet of seawall with capacity for up to 8 slips.

The property carries CF - Commercial Fishing zoning. The stated development program includes 5,640 square feet of commercial space, four affordable housing units, and one market-rate residence, subject to applicable approvals. The waterfront setting provides access to Florida Bay and the Atlantic Ocean, while the Overseas Highway frontage places the property within a working-waterfront context. Potential configurations described for the building include marine-oriented commercial activity and a rooftop helipad, subject to approvals.

Key Highlights

  • 6,071‑square‑foot mixed‑use building on a 0.35‑acre oceanfront parcel
  • 100 feet of seawall with capacity for up to 8 slips
  • CF - Commercial Fishing zoning

Property Analytics

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Current Use

Waterfront Land

Suggested Use

Top Pick Auto Repair Shop Grocery & Convenience Store Law Firm Big Box & Wholesale Store Veterinary Clinic Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

90
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Mixed-use properties in Monroe County, FL

$566 Jul
$549 Aug
$909 Sep
$823 Oct

Properties on Market for Mixed-use properties in Monroe County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Mixed-use property - Oceanfront commercial property with marine access, wraparound windows, and space for residential and business uses.
Where is this mixed-use property located?
The property is located at 74560 Overseas Highway Islamorada, FL.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: 6,071‑square‑foot mixed‑use building on a 0.35‑acre oceanfront parcel; 100 feet of seawall with capacity for up to 8 slips; CF - Commercial Fishing zoning
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