75131 Overseas Highway

ISLAMORADA, FL 33036

About this property

Beautiful 200' of oceanfront property on Lower Matecumbe Key. This offering consists of one 100' lot, vacant with TDR & contiguously, a 100' lot with a triplex apartment building (3 TDRs),.This gives you endless possibilities for redevelopment of the property. The vacant lot has an additional 200' of bay bottom. Fantastic 180° ocean views make for gorgeous sunrises on the naturally sandy beaches. View Alligator Lighthouse, watch dolphins, manatees, and birds feeding on fish right in front of you. At night, beautiful full moon risings, cruise ships with their lights passing, and plenty of stars. Launch kayaks from the beach to do a little tarpon fishing and bonefish are making a comeback so you can wade with your fly rod for a thrill. Also snorkel for lobster in season in all the little crevices and holes off shore of the property. Recap: 200' of oceanfront made up of 1 vacant lot with TDR, 1 lot with 3 apartments, bay bottom on the vacant lot, for a total of 4 TDRs on the property Note: One of the owners is a State of Florida Real Estate Licensee

About this property

Beautiful 200' of oceanfront property on Lower Matecumbe Key. This offering consists of one 100' lot, vacant with TDR & contiguously, a 100' lot with a triplex apartment building (3 TDRs),.This gives you endless possibilities for redevelopment of the property. The vacant lot has an additional 200' of bay bottom. Fantastic 180° ocean views make for gorgeous sunrises on the naturally sandy beaches. View Alligator Lighthouse, watch dolphins, manatees, and birds feeding on fish right in front of you. At night, beautiful full moon risings, cruise ships with their lights passing, and plenty of stars. Launch kayaks from the beach to do a little tarpon fishing and bonefish are making a comeback so you can wade with your fly rod for a thrill. Also snorkel for lobster in season in all the little crevices and holes off shore of the property. Recap: 200' of oceanfront made up of 1 vacant lot with TDR, 1 lot with 3 apartments, bay bottom on the vacant lot, for a total of 4 TDRs on the property Note: One of the owners is a State of Florida Real Estate Licensee

Features and Additional Information

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$5,999,000 Active
3 Bed(s)
3
Baths
1,500 sqft

Presented By Key Colony Beach Realty

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Get in touch today! Phone: 1-305-289-0621
Brokerage
Century 21 Circle- Islamorada
1-305-664-4637
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Area Information

22 Lower Matecumbe | Monroe County | Mat Ocean Beach (75.0)

$ 5,999,000
This listing is play_arrow 50.0% higher than the average in the area
$ 3,999,000 in the area
1,500 SqFt
This listing is play_arrow 27.8% smaller than the average in the area
2,077 SqFt in the area
$ 3,999 $/SqFt
This listing is play_arrow 93.3% more than the average in the area
$ 2,069 $/SqFt in the area
1,011 days on site
This listing is play_arrow 543.9% above the average in the area
157 days on site in the area

Schools in the Area

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Listed By Randy Selden
Brokerage: Century 21 Circle- Islamorada

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