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Oceanfront Duplex with Guest House
New
For Sale
$3,999,000

75433 Overseas Highway, Islamorada, FL 33036

Residential, Lower Matecumbe, FL

Property Size2,624 SF
Lot Size0.99 Acres
Price / SF$1,524
Days on Market2

Property Features for 75433 Overseas Highway

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R1M - Residential SF Maso
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bathroom 4, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 3
Parking features RV
Security features Security
Pets allowed Yes
Pool private 1
Exterior features Chickee Hut, Fencing, Sandy Beach
Fencing Fenced
Appliances Washer, Dryer, Dishwasher, Refrigerator, Oven, Microwave, Freezer, Wine Cooler, Stainless Steel Appliance(s)
Subdivision Mat Ocean Beach (75.0)
View Ocean
Standard status Active
APN 00398950000000
Size 2,624 SF
Lot size 0.99 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lt 74 & Adj Bay Btm Matecumbe Ocean Bch Sec A Lower Matecumbe Pb2-39 Or238-293(Ii Deed 21889) Or373-122 Or467-801 Or485-
Tax Annual Amount 22731
Legal Description Lt 74 & Adj Bay Btm Matecumbe Ocean Bch Sec A Lower Matecumbe Pb2-39 Or238-293(Ii Deed 21889) Or373-122 Or467-801 Or485-

Utilities

Cooling system Central Air
Water front features Ocean Front
Water front 1

Amenities

sandy beach
pool
two beachside tiki huts
observation pier
concrete boat ramp
rock jetties

Building Details

Year built 1970
Floors in Building 1
Number of units 2
Flooring type Tile, Concrete
Building materials Concrete, Stucco
Roof type Metal, Concrete
Listing Agency: Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Listed By: Kelsey Caputo - Frins · License #3422202
Added: Sep 11 Changed: Sep 12 Last Checked: Sep 12 at 4:06AM
MLS# 621270

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.

Investment Insights

Based on property information with market context.

This 2,624-square-foot duplex property at 75433 Overseas Highway includes a 3-bedroom, 3-bath main residence and a separate 1-bedroom, 1-bath guest house. The 0.99-acre property features ocean frontage, a private pool, sandy beach, two beachside tiki huts, an observation pier, concrete boat ramp, and rock jetties. Parking accommodates cars, boats, trailers, recreational equipment, and guests. Interior and exterior improvements include impact windows and doors, a metal roof, central air, stucco, updated paint, appliances, tile and concrete flooring, and fencing.

The property is located in Lower Matecumbe, Monroe County, Florida, with access from Overseas Highway. Nearby boating destinations include Alligator Lighthouse and Caloosa Marina, which provides fuel, ice, boat storage, and food. The two-residence configuration supports extended-family use, guest accommodations, private occupancy, or income-producing use as described in the property information.

Key Highlights

  • 0.99‑acre oceanfront duplex property in Lower Matecumbe
  • 2,624 square feet with a 3BD/3BA main residence and separate 1BD/1BA guest house
  • Private pool, sandy beach, observation pier, and two beachside tiki huts

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Big Box & Wholesale Store Restaurant Veterinary Clinic Gym & Fitness Center Food Market Real Estate Agency

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

2
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

31
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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residences share a fenced waterfront setting with a private pool, sandy beach, and extensive outdoor improvements.
Where is this duplex located?
The property is located at 75433 Overseas Highway Islamorada, FL.
What is the asking price?
The asking price for this property is $3,999,000.
What are key features of this property?
This property features: 0.99‑acre oceanfront duplex property in Lower Matecumbe; 2,624 square feet with a 3BD/3BA main residence and separate 1BD/1BA guest house; Private pool, sandy beach, observation pier, and two beachside tiki huts
More about this property
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