74960 Overseas Highway 201-306, Lower Matecumbe, FL 33036
$1,400,000
Property Type:
Vacant Land
Lot Size (sq. ft.):
21,500
Status:
Closed
Current Price:
$1,400,000
List Date:
2/13/2019
Last Modified:
3/05/2025
Overview
Description
Listing Details MLS# 584288
Location, Tax & Legal
- Street #
- 74960
- Street Name
- Overseas
- Street Suffix
- Highway
- Key/Island
- Lower Matecumbe
- State/Province
- FL
- Zip Code
- 33036
- County
- Monroe
- Subdivision
- Sandy Point (74.5)
- Area
- 22 - Lower Matecumbe
- Unit #
- 201-306
- City
- ISLAMORADA
- Off Shore Island
- No
- Mile Marker
- 74.5
- Side
- Bay/Gulf
- Alternate Key #
- 1482901
- Parcel #
- 00394481-000000
- Zoning
- OTH - Other Zoning
- Deed Restrictions
- Unknown
- Legal
- MATECUMBE SANDY COVE CONDOMINIUM LOCATED IN LOT 2 BLK 2 MATECUMBE SANDY BEACH PB3-127 LOWER MATECUMBE KEY
- Taxes
- 0
- Tax Year
- 0
Contract Information
- Listing Board
- Florida Keys
- Limited Representation
- No
- As is Rght to Inspct
- Yes
- Potential Short Sale
- No
- Bank Owned
- No
- Species List
- No
General Property Description
- Realtor.COM Type
- Multi-Family
- Waterfront
- Yes
- Control Depth
- 4
- Lot Dimensions
- 215 x 100
- Lot SqFt
- 21500
- Survey Available
- No
- Vegetation Survey
- No
Status Change Info
- Sold Date
- 2019-10-18
Miscellaneous Info
- Mobile Home Lot
- No
Financial Status
- Bank Owned
- No
- Potential Short Sale
- No
More Information
Remarks & Misc
- Remarks – Consumer
- Amazing opportunity to build a 12 unit waterfront condominium building in The Florida Keys. Excellent profit margin for a builder/developer. The condominium building was destroyed by Hurricane Irma. The building is located on a canal, with a view over Sea Oats Beach of the Atlantic Ocean. The location allows all units a direct view of either the ocean, or the canal, with partial bay views as well. 11 WATERFRONT Transferable Development Rights convey with the sale. Any sale is contingent on approval by all 12 owners. No guarantee of marketable title is made by this listing as the property is listed based upon majority but not unanimous approval. Any offer must be accepted by all 12 owners to be binding. Property is owned as ''tenants in common''.
- Directions
- Mile Marker 74.5, across from Sea Oats Beach.
Assoc/Misc Info
- Mandatory Home Owners Asc
- No
- 1st Right of Refusal
- No
Dockage
- Boat Slip
- Yes
Tax Exemptions
- None
- Yes
Waterfront
- Canal Front
- Yes
Waterview
- Bay View
- Yes
- Canal View
- Yes
- Ocean View
- Yes
- Open Water View
- Yes
Neighborhood Feature
- Beach
- Yes
- Community Dockage
- Yes
Location/Site
- Cleared Site
- Yes
Existing Utilities
- Sewer
- Yes
BuildingPermit
- Active Permit
- Yes
- Other Permit
- Yes
Terms
- No Seller Finance
- Yes
Property Rights
- Tranfrble Dev Right
- Yes
Property Features
Tax Exemptions:
None
Waterfront:
Canal Front
Dockage:
Boat Slip
Waterview:
Bay View; Canal View; Ocean View; Open Water View
Neighborhood Feature:
Beach; Community Dockage
Existing Utilities:
Sewer
BuildingPermit:
Active Permit; Other Permit
Terms:
No Seller Finance
Property Rights:
Tranfrble Dev Right
Listing Office:
Blue 9 Realty, Inc.
Last Updated: March - 05 - 2025
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.