75971 Overseas Highway, Lower Matecumbe, FL 33036 (MLS# 588803)

75971 Overseas Highway, Lower Matecumbe, FL 33036

$2,700,000

Property Type: Residential Bedrooms: 4 Baths: 5 Square Footage: 6,065 Lot Size (sq. ft.): 42,253 Status: Closed

Current Price: $2,700,000 List Date: 10/15/2020 Last Modified: 9/03/2024

Overview

Description

GREAT NEW PRICE! Beachfront Estate & Income Property! A successful weekly vacation rental, 'Turtle Nest Estate' has achieved an average gross income of $200,000/year so this property could potentially be self-funding! Booked leases will be transferred to buyer upon sale. In addition to rental income, you can also enjoy your own tropical beachfront paradise in desirable Islamorada near all the most popular diving and fishing spots. Relax on the 150-foot beach, soak in some rays by the pool, or enjoy nearby fine dining, entertainment & local attractions. This luxurious home offers a 1.3 acre lot, more than 6,000 sf under air, an oceanfront pool with integrated hot tub, a wade-in sandy beach and an observation pier. Two-car garage, theater room, split floor plan, guest wing & more!

Supplements: One of the remarkable features of this home is the expansive great room which features walls of sliding glass that pocket back to open up the entire living room and welcome in the wrap-around open ocean views. The split plan also offers owner privacy with the upstairs private master suite situated opposite the additional bedrooms and the attached p ... (Read more)

Listing Details MLS# 588803

Location, Tax & Legal

Street #: 75971
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
Off Shore Island: No
Mile Marker: 75
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE,VE
Alternate Key #: 1487813
Handicap Access: Yes
Parcel #: 00395410-000000
Zoning: RE - Residential Estate
Deed Restrictions: Unknown
Legal: MAT OCEAN-BAY SEC-1 AMENDED & EXTENDED PB2-96 LOT 24 BLK 3 & NE'LY 1/2 LOT 23 BLK 3 G59-156/158 OR1037-1082D/C OR1191-13
Taxes: 28861
Tax Year: 2019
Pub Sewer HkUp: Yes

Contract Information

Listing Board: Florida Keys
As is Rght to Inspct: Yes
Potential Short Sale: No
Bank Owned: No
Species List: Yes

General Property Description

Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 2
Pool: Yes
Year Built: 2006
Total Units: Yes
Lot SqFt: 42253
Acres: 1.31
Living Apx SqFt: 6065
SqFt Source: Tax Records
Total Bedrooms: 4
Full Baths: 4
Half Baths: Yes
Total Baths: 5
Rentals Allowed: Yes
Min Rental Days: 7

Status Change Info

Sold Date: 2021-01-19

Association Info

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

License Info

Transient Rntl Licns: Yes

More Information

Building Style

Above Flood: Yes

Specialty Rooms

Guest/Servant Qtrs: Legal
Laundry Room: Yes

Pool Info

Other: partially elevated
In Ground: Yes
Concrete: Yes
Decked: Yes

Financial Status

Bank Owned: No
Potential Short Sale: No

Remarks & Misc

Remarks – Consumer: GREAT NEW PRICE! Beachfront Estate & Income Property! A successful weekly vacation rental, 'Turtle Nest Estate' has achieved an average gross income of $200,000/year so this property could potentially be self-funding! Booked leases will be transferred to buyer upon sale. In addition to rental income, you can also enjoy your own tropical beachfront paradise in desirable Islamorada near all the most popular diving and fishing spots. Relax on the 150-foot beach, soak in some rays by the pool, or enjoy nearby fine dining, entertainment & local attractions. This luxurious home offers a 1.3 acre lot, more than 6,000 sf under air, an oceanfront pool with integrated hot tub, a wade-in sandy beach and an observation pier. Two-car garage, theater room, split floor plan, guest wing & more!
Directions: Private driveway off U.S. 1 at mile marker 75.9 oceanside. Slow down and look for sign.

Fee Includes

None: Yes

Dockage

None: Yes

Tax Exemptions

None: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Oven: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Pets

Pets Allowed: Yes

Cooling

Ceiling Fans(s): Yes
Central Air: Yes

Waterfront

Oceanfront: Yes
Open Water: Yes

Waterview

Ocean View: Yes
Open Water View: Yes

Floor

Marble: Yes
Tile: Yes

Interior Features

Built-in Cabinets: Yes
Cathedral Ceilings: Yes
Elevator: Yes
Granite Counter Top: Yes
Split Bedroom: Yes
Walk-in Closet(s): Yes
Whirlpool Bath Tub: Yes

Windows/Doors

Impact Rstnce Doors: Yes
Impact Rstnce Window: Yes
Sliding Glass Doors: Yes

Vehicle Storage

Covered Parking: Yes
Garage: Yes
Guest Parking: Yes
Open Parking: Yes
RV Parking Open: Yes
Attached: Yes
Off Street Parking: Yes
Trailer Storage: Yes

Construction

CBS: Yes

Land Size

1 Less Than 2 Acres: Yes

Furnished

Negotiable: Yes

Utilities

Cable Available: Yes
Elect Separate Meter: Yes
FKAA: Yes
Municipal Sewer: Yes
Water Separate Meter: Yes

Porch/Balcony

Open Porch/Balcony: Yes
Patio: Yes

Title

Title Ins - Buyer: Yes

Exterior Features

Sandy Beach: Yes

Roof

Metal Roof: Yes

Accessibility Feat

Accessible Elevator Installed: Yes

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Oceanfront; Open Water Waterview: Ocean View; Open Water View Dockage: None Vehicle Storage: Garage; Attached; Covered Parking; Guest Parking; Off Street Parking; Open Parking; RV Parking Open; Trailer Storage Furnished: Negotiable Cooling: Ceiling Fans(s); Central Air Utilities: Cable Available; Elect Separate Meter; FKAA; Municipal Sewer; Water Separate Meter Interior Features: Built-in Cabinets; Cathedral Ceilings; Elevator; Granite Counter Top; Split Bedroom; Walk-in Closet(s); Whirlpool Bath Tub Specialty Rooms: Laundry Room Appliances: Dishwasher; Dryer; Oven; Range; Refrigerator; Washer Exterior Features: Sandy Beach Accessibility Feat: Accessible Elevator Installed Pool Info: In Ground; Concrete; Decked Construction: CBS Floor: Marble; Tile Roof: Metal Roof Pets: Pets Allowed Land Size: 1 Less Than 2 Acres Title: Title Ins - Buyer

Documents

Survey ›

Roof Certification ›

Listing Office: Coldwell Banker Schmitt Islamorada

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.