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Oceanfront Development Land Opportunity
For Sale
$6,750,000

82900 Old Highway, Islamorada, FL 33036

Oceanfront acreage with direct Atlantic beachfront and baybottom, featuring a building right and weekly rental potential.

Property SizeContact for details
Days on Market1417

Property Features for 82900 Old Highway

General Information

Standard status Active
Property subtype Vacant Land
Zoning NR - Native Residential

Taxes and HOA fees

Annual Taxes $6,715
Listing Agency: Ocean Sotheby's International Realty
Listed By: Karan Moeller, PA · License #0619230
Source: Compass
Added: Nov 25, 2022 Changed: Oct 11 Last Checked: Oct 11 at 9:12AM

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 Ocean Sotheby's International Realty

Investment Insights

Based on property information with market context.

Offered for sale is oceanfront land in Islamorada that includes pristine upland along with baybottom. The property is described as having direct Atlantic beachfront and a building right, supporting development plans.

The offering is located in the Upper Matecumbe Key area, with the seller describing the site as featuring approximately 700 feet of direct Atlantic beachfront. Public remarks also note the property’s ability to accommodate a main residence and additional structures such as a caretaker cottage and detached guest house, along with amenities including a tennis court and boardwalk access to a private sandy beach.

The seller further states the zoning allows for weekly rental potential, positioning the site for both primary estate use and short-term rental considerations as permitted by applicable regulations.

Key Highlights

  • Over 7 acres of oceanfront acreage in the heart of Islamorada, including pristine upland plus baybottom.
  • Approximately 700 feet of direct Atlantic beachfront.
  • Includes a building right to develop an estate on the property.

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Auto Repair Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store Hair Salon Cafe & Coffee Shop Electrical Service

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

Location Intelligence

Trade Area within ½ mile

383
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Oceanfront acreage with direct Atlantic beachfront and baybottom, featuring a building right and weekly rental potential.
Where is this waterfront land located?
The property is located at 82900 Old Highway Islamorada, FL.
What is the asking price?
The asking price for this property is $6,750,000.
What are key features of this property?
This property features: Over 7 acres of oceanfront acreage in the heart of Islamorada, including pristine upland plus baybottom.; Approximately 700 feet of direct Atlantic beachfront.; Includes a building right to develop an estate on the property.
More about this property
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