74560 Overseas HWY, Lower Matecumbe, FL 33036
74560 Overseas HWY, Lower Matecumbe, FL 33036
74560 Overseas HWY, Lower Matecumbe, FL 33036
74560 Overseas HWY, Lower Matecumbe, FL 33036
74560 Overseas HWY, Lower Matecumbe, FL 33036
74560 Overseas HWY, Lower Matecumbe, FL 33036
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Listed by Alina Davis Coldwell Banker Schmitt Islamorada
$ 3,399,000
Est. payment | /mo

3 Beds

3 Baths

6,071 SqFt


Save
$ 3,399,000
Est. payment | /mo
Save

3 Beds

3 Baths

6,071 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,071 sqft

Price per Sqft $559

Subdivision Mat Sandy Bch (75.0)

MLS Listing ID 618699

Bedrooms 3

Full Baths 3

HOA Y/N No

Year Built 1983

Annual Tax Amount $20,434

Tax Year 2025

Lot Size 0.347 Acres

Acres 0.35

Lot Dimensions 100x151

Property Sub-Type Commercial

Land Area 6071

Property Description

74560 Overseas Highway is a dynamic waterfront commercial asset with multiple revenue paths and significant redevelopment potential.

Situated on a 15,000 SF parcel with generous on-site parking and 100 feet of seawall capable of accommodating up to 8 slips, the property delivers premier highway exposure and immediate Florida Bay and Atlantic Ocean access.

Zoning supports four affordable housing units, one market-rate residence, and 5,640 SF of commercial space, creating a layered income strategy that blends residential density with marine-oriented business activity. The existing structure features expansive wraparound windows framing sweeping Atlantic views, plus a top-floor penthouse suite suited for owner occupancy, executive housing, or premium rental use (subject to approvals). The building configuration can also accommodate a rooftop helipad.

Commercial Fishing zoning allows for uses such as a destination restaurant, seafood market, marine outfitter, charter or backcountry fishing headquarters, marina-support retail, or other enterprises aligned with the working waterfront.

This is a high-visibility, commercial platform where housing, marine access, and US-1 frontage intersect to create compelling long-term value.

Location

State FL

County Monroe

Area 22 - Lower Matecumbe

Zoning CF - Commercial Fishing

Interior

Appliance Dryer, Washer, Dishwasher, Refrigerator

Exterior

Parking Features Common Parking

Utilities Available FKAA, Municipal Sewer, Buyer To Verify

Waterfront Description Oceanfront, Bay Front, Open Water

Garage No

Building

Story 3

Level or Stories 3

Others

HOA Fee Include None

Tax ID 00394480-000105

Miscellaneous Open Water View, Highway Frontage, High Traffic Location, Residence on Premise

Acceptable Financing Other Financing

Listing Terms Other Financing

Nearby Locations

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74560 Overseas HWY