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Industrial Waterfront Land with Dock Plans
For Sale
$4,499,000
Pending

86560 Overseas Highway Upper Matecumbe Key, Islamorada, FL 33070

COMMERCIAL - Upper Matecumbe Key Islamorada, FL

Property Size1,080 SF
Lot Size3.12 Acres
Days on Market717

Property Features for 86560 Overseas Highway Upper Matecumbe Key

General Information

Property type Commercial Sale
Property subtype Other
Zoning I - Industrial District
Bedrooms 2
Rooms Bedroom 2, Bedroom 1
Appliances No Appliances
Subdivision Misc Upper Matacumbe (82.0)
View Water
Standard status Pending
APN 00092070-000000
Size 1,080 SF
Lot size 3.12 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description 13 63 37 PLANTATION KEY OR LONG ISLAND PT SW1/4 OF SE1/4 OR17-420/21 OR1188-1550/52PR OR1663-24477D/C OR1742-965/66/PET
Tax Annual Amount 10780
Legal Description 13 63 37 PLANTATION KEY OR LONG ISLAND PT SW1/4 OF SE1/4 OR17-420/21 OR1188-1550/52PR OR1663-24477D/C OR1742-965/66/PET

Building Details

Year built 1928
Building materials Frame, Stucco, Manufactured, Combo Construction
Listing Agency: Real Estate Sales Force, Inc.
Listed By: The Lazcos Team - David and Publio Lazcos · License #30534073
Added: Sep 5, 2024 Changed: Aug 4 Last Checked: Aug 22 at 5:06PM
MLS# 611348

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 3 acres of industrial upland and an additional 9 acres of bayfront land. The bayfront area includes plans for a 100' dock and two 30,000 lb boat lifts, which can be negotiated. Presently, there are four structures on the property, and the seller is open to subdividing the land to meet buyer needs.

The site provides 150 feet of US1 frontage and is located north of the weigh station. Zoning is I - Industrial District, and the current zoning code permits construction of over 30,000 square feet based on 3.12 acres (stated as 10,000 square feet per acre). The Village of Islamorada officially recognizes 1,972 square feet of non-residential floor area, one market-rate dwelling unit, and two affordable housing units on the property.

With both upland and bayfront components, this is a flexible parcel under the Village’s recognized on-site improvements and the site’s industrial development allowance. Seller financing is available for qualified buyers.

Key Highlights

  • Total 12 acres: 3 acres of industrial upland plus an additional 9 acres of bayfront land
  • 150 ft of US‑1 frontage, north of the weigh station
  • Village of Islamorada recognizes 1,972 SF non‑residential floor area with 1 market‑rate dwelling unit and 2 affordable housing units

Property Analytics

Current Use

Waterfront Land

Location Intelligence

Trade Area within ½ mile

225
Businesses Nearby

Demographics for 33070, FL

6,220
Population
4,366
Households
1.4
Avg Household Size
52
Median Age
35%
College-Educated
93%
High-School Grad
4.2 sq mi
ZIP Area
1,481
Density / Sq Mi
$77,228
Median Household Income
$40,511
Median Earnings
$1,866
Median Rent
$695,000
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Industrial upland plus bayfront acreage with plans for a 100' dock and boat lifts, offering substantial development allowance.
Where is this waterfront land located?
The property is located at 86560 Overseas Highway Upper Matecumbe Key Islamorada, FL.
What is the asking price?
The asking price for this property is $4,499,000.
What are key features of this property?
This property features: Total 12 acres: 3 acres of industrial upland plus an additional 9 acres of bayfront land; 150 ft of US‑1 frontage, north of the weigh station; Village of Islamorada recognizes 1,972 SF non‑residential floor area with 1 market‑rate dwelling unit and 2 affordable housing units
More about this property
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