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75700 Overseas Highway, Lower Matecumbe, FL 33036

$3,200,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 805 Lot Size (sq. ft.): 63,598 Status: Closed
Current Price: $3,200,000 List Date: 1/05/2023 Last Modified: 9/03/2024

Overview

Description

A once-in-a-lifetime opportunity to acquire one of the most unique properties in the Florida Keys! The parcel is approximately 1.46 Acres! Plus approximately 15,000 square feet of Deeded Bay Bottom! Owning the bay bottom makes it much easier to build additional docks. Situated along deep water with your very own protected boat basin that can hold multiple boats. Zoned Multi- Family this estate includes 2 Market Rate Building Rights, which is allowed for WEEKLY rental. Enjoy endless opportunities with this rare Gulf Front Estate. Lines in the aerials are approximate. Currently on the property there are 3 Units being rented. One - 2 Bedroom House and Two - 1 Bedroom Units. Ready for Offers.

Listing Details MLS# 603642

Location, Tax & Legal

Street #
75700
Street Name
Overseas
Street Suffix
Highway
Key/Island
Lower Matecumbe
State/Province
FL
Zip Code
33036
County
Monroe
Subdivision
Mat Ocean Bay (75.0)
Area
22 - Lower Matecumbe
City
ISLAMORADA
Mile Marker
75
Marathon Neighborhood
N/A
Side
Bay/Gulf
Flood Zone
AE VE
Alternate Key #
1487252
Parcel #
00394840-000000
Zoning
MF - Multi-Family Attached
Deed Restrictions
Unknown
Legal
BK 1 LT 6 AND ADJ BAY BTM MAT OCEAN-BAY SEC-1 AMENDED & EXTENDED LOWER MATECUMBE KEY
Taxes
27131.6
Tax Year
2022
Pub Sewer HkUp
Yes

Contract Information

Listing Board
Marathon/Lower Keys

General Property Description

Realtor.COM Type
Residential - Single Family
Style
Single Family
Waterfront
Yes
Control Depth
5
Pool
No
Year Built
1954
Total Units
3
Lot SqFt
63598
Acres
1.46
Living Apx SqFt
805
SqFt Source
Property Data Card
Total Bedrooms
4
Full Baths
3
Half Baths
Yes
Total Baths
4
Rentals Allowed
Yes
Min Rental Days
7

Status Change Info

Sold Date
2023-03-28

Association Info

Mandatory Home Owners Asc
No
1st Right of Refusal
No
Association Fee $
0

Dockage

Dock
Other
Basin
Yes

More Information

Building Style

Above Flood
Unknown
Ground Level
Yes

Remarks & Misc

Remarks – Consumer
A once-in-a-lifetime opportunity to acquire one of the most unique properties in the Florida Keys! The parcel is approximately 1.46 Acres! Plus approximately 15,000 square feet of Deeded Bay Bottom! Owning the bay bottom makes it much easier to build additional docks. Situated along deep water with your very own protected boat basin that can hold multiple boats. Zoned Multi- Family this estate includes 2 Market Rate Building Rights, which is allowed for WEEKLY rental. Enjoy endless opportunities with this rare Gulf Front Estate. Lines in the aerials are approximate. Currently on the property there are 3 Units being rented. One - 2 Bedroom House and Two - 1 Bedroom Units. Ready for Offers.
Directions
U.S. 1 to Mile Marker 75, Gulf Side.

Fee Includes

None
Yes

Tax Exemptions

None
Yes

Pets

Pets Allowed
Yes

Waterfront

Bay Front
Yes
Oceanfront
Yes
Open Water
Yes

Waterview

Bay/Gulf View
Yes
Ocean View
Yes
Open Water View
Yes

Construction

CBS
Yes

Land Size

1 Less Than 2 Acres
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Bay Front; Oceanfront; Open Water Waterview: Bay/Gulf View; Ocean View; Open Water View Dockage: Basin Building Style: Ground Level Utilities: FKAA; Municipal Sewer Construction: CBS Pets: Pets Allowed Land Size: 1 Less Than 2 Acres
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: September - 03 - 2024
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.