Waterfront Commercial Asset with Redevelopment
For Sale
$3,300,000
74560 Overseas Hwy Islamorada, Islamorada, FL 33036
Waterfront commercial property with redevelopment and multiple revenue paths.
Property Size6,071 SF
Lot Size0.34 Acres
Price / SF$585.11
Days on Market119
Property Features for 74560 Overseas Hwy Islamorada
General Information
Standard status
Active
Size
6,071 SF
Lot size
0.34 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$20,434
Building Details
Building Size
6,071 SF
Year Built
1983
Stories
3
Units
1
Listing Agency:
Coldwell Banker Schmitt RE Co
(305) 393-0994
Listed By:
Elizabeth Jolin · License #3502927
(305) 393-0994
Source:
Elliman
Added: Apr 27
Changed: Aug 9
Last Checked: Aug 23 at 6:10AM
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 RE Co
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 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.
Key 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.
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
Questions? Ask Rey
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Frequently Asked Questions
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 $3,300,000.
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.
