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86560 Overseas Highway

Upper Matecumbe Key Islamorada, FL 33070
  • $4,949,000
  • STATUS: Active
  • ON SITE: 90 Days
  • MLS #: 611348
UPDATED: 49 min ago
$4,949,000
  • 2
    BEDS
  • 3.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,080
    SQFT
  • $4,582
    $/SQFT
Type:
Commercial
Built:
1928
County:

School Ratings & Info

Description

This exceptional property features 3 acres of pristine industrial upland, complemented by 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. The property boasts 150 feet of US1 frontage and is conveniently located north of the weigh station. 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. The current zoning code permits the construction of over 30,000 square feet, based on 3.12 acres or 10,000 square feet per acre. Presently, there are four structures on the property. The seller is open to subdividing the land to meet the buyer's needs. This is one of the few properties left in Monroe County with a wide range of potential uses, including residential. Seller financing is available for qualified buyers.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Gamal Riquelme | Sunshine Brokers are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.homesalesfloridakeys.com/homes/154743974
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86560 Overseas Highway Upper Matecumbe Key Islamorada, FL 33070

  • Price: $4,949,000
  • Status: Active
  • On Site: 90 Days
  • Updated: 49 min ago
  • MLS #: 611348
2
Beds
0
Baths
0
½ Baths
3.12
Acres
1,080
SQFT
$4,582
$/SQFT
1928
Built
Neighborhood:
Misc Upper Matacumbe (82.0)
County:
Monroe
Area:
23 - Upper Matecumbe
Property Description
This exceptional property features 3 acres of pristine industrial upland, complemented by 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. The property boasts 150 feet of US1 frontage and is conveniently located north of the weigh station. 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. The current zoning code permits the construction of over 30,000 square feet, based on 3.12 acres or 10,000 square feet per acre. Presently, there are four structures on the property. The seller is open to subdividing the land to meet the buyer's needs. This is one of the few properties left in Monroe County with a wide range of potential uses, including residential. Seller financing is available for qualified buyers.
Exterior Features

Construction FrameCombo ConstructionManufacturedStucco Dockage None Land Size 2 Less Than 5 Acres Lot Size 3 Acres Miscellaneous StorageHighway FrontageHigh VisibilityHigh Traffc Location Side Bay/Gulf Style Industrial Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances No Appliances Net Leasable Area 1080.00 Windows Doors Other Windows/Doors

Property Features

Assoc Hoa YN No Assoc Right Of Refusal Yes Bank Owned No Bank Owned Financial Status No City ISLAMORADA Commercial Type Hotel/MotelLight ManufacturingProfessional ServiceBoat Sales/ServiceWholesale Mfg/Wrhse Control Depth 0 Deed Restrictions Unknown Fee Includes None Flood Zone AEAE Legal 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 Listing Board Florida Keys Mile Marker 82.00 Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Property Rights Other/See Remarks Property Type Commercial Sq Ft Source Tax Records Tax Year 2023 Taxes 10780.12 Terms Seller Finance Psble Total Units 0.00 Utilities FKAASeparate Meters Zoning I - Industrial District

Listing courtesy of The Lazcos Team Publio Lazcos And David Lazcos of Real Estate Sales Force, Inc.: (305) 440-2937.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Gamal Riquelme | Sunshine Brokers are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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