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Islamorada Oceanfront Acreage Opportunity
For Sale
$6,750,000

82900 Old Highway Upper Matecumbe Key, Islamorada, FL 33036

LAND - Upper Matecumbe Key Islamorada, FL

Property SizeContact for details
Lot Size7.78 Acres
Days on Market1025

Property Features for 82900 Old Highway Upper Matecumbe Key

General Information

Property type Land
Property subtype Other
Zoning NR - Native Residential
Security features Security
Subdivision Peacon-Leatherman (83.0)
Lot features Water Frontage
View Ocean, Water
Directions Turn onto Old Highway as you enter Upper Matecumbe Key. Look for signs on left/oceanside.
Standard status Active
APN 00404520-000000
Lot size 7.78 Acres

Taxes and HOA fees

Tax Year 2022
Tax Description THE PEACON-LEATHERMAN TR UPPER MATECUMBE KEY TR 2 OR552-198 OR825-2125/26 OR1477-1562 OR1477-1563 OR1684-2330/33 OR1989-
Tax Annual Amount 6715
Legal Description THE PEACON-LEATHERMAN TR UPPER MATECUMBE KEY TR 2 OR552-198 OR825-2125/26 OR1477-1562 OR1477-1563 OR1684-2330/33 OR1989-

Utilities

Water front features Ocean Front
Water front 1
Listing Agency: Ocean Sotheby's International Realty
Listed By: Karan Moeller, PA · License #0619230
Added: Nov 6, 2023 Changed: Jul 24 Last Checked: Aug 27 at 10:06PM
MLS# 607307

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 property offers over 7 acres of upland, complemented by baybottom, with a building right. Located in Upper Matecumbe Key, Islamorada, it features 700 feet of direct Atlantic beachfront. The zoning allows for weekly rental potential. The property provides space for a main residence, a caretaker cottage, a detached guest house, a tennis court, and a boardwalk leading to a private sandy beach. It is located in the heart of Islamorada.

Key Highlights

  • Over 7 acres of oceanfront acreage in Islamorada with 700 feet of direct Atlantic beachfront.
  • Includes a coveted building right for creating a custom estate.
  • Zoning allows for weekly rental potential, offering investment opportunities.

Property Analytics

Current Use

Waterfront Land

Location Intelligence

Trade Area within ½ mile

348
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Waterfront Land - 7+ acre oceanfront property with 700 feet of beachfront.
Where is this waterfront land located?
The property is located at 82900 Old Highway Upper Matecumbe Key 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 Islamorada with **700 feet of direct Atlantic beachfront.**; Includes a **coveted building right** for creating a custom estate.; Zoning allows for weekly rental potential, offering investment opportunities.
More about this property
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