76800 Overseas Hwy Hwy Islamorada, FL 33036

Property Details for 76800 Overseas Hwy Hwy

Property type

Warehouses

Property subtype

Land

Description

This exceptional 3.2-acre property in Islamorada, Florida, presents a unique investment opportunity. Located at 76800 Overseas Highway, the land is currently zoned as native residential, however, a land use attorney is actively working to restore its original commercial designation. The property's history includes commercial use and features approximately 2 acres of previously scarified land, which was utilized as tennis courts with an existing clubhouse structure. Note that one acre of the property consists of hardwood and is therefore unsuitable for development. The asking price for this prime Islamorada location is $2,300,000. This represents a significant chance to acquire a substantial parcel of land with strong potential for future commercial development once the zoning issue is resolved. The property's address is 76800 Overseas Highway, Islamorada, FL 33036. The property is situated in Monroe County and offers significant upside potential for investors willing to navigate the current zoning challenge. The existing clubhouse structure and the history of commercial use provide a solid foundation for future development plans. This is a rare opportunity to acquire a large parcel of land in a desirable location.