(786) 964-3151
A beautiful property in Lower Matecumbe, FL1 / 36

$5,999,000

75131 Overseas Highway, Lower Matecumbe, FL 33036

3

Beds

3

Baths

1,500

Sq Ft

  • Waterfront

About this home

Beautiful 200' of oceanfront property on Lower Matecumbe Key. This offering consists of one 100' lot, vacant with TDR & contiguously, a 100' lot with a triplex apartment building (3 TDRs),.This gives you endless possibilities for redevelopment of the property. The vacant lot has an additional 200' of bay bottom. Fantastic 180° ocean views make for gorgeous sunrises on the naturally sandy beaches. View Alligator Lighthouse, watch dolphins, manatees, and birds feeding on fish right in front of you. At night, beautiful full moon risings, cruise ships with their lights passing, and plenty of stars. Launch kayaks from the beach to do a little tarpon fishing and bonefish are making a comeback so you can wade with your fly rod for a thrill. Also snorkel for lobster in season in all the little crevices and holes off shore of the property. Recap: 200' of oceanfront made up of 1 vacant lot with TDR, 1 lot with 3 apartments, bay bottom on the vacant lot, for a total of 4 TDRs on the property Note: One of the owners is a State of Florida Real Estate Licensee

Property details

Property Type
Single Family Residence
Year Built
1957
Lot Size
36,250 sq ft
Annual Taxes
$27,699/yr
Subdivision
Mat Ocean Beach (75.0)
Days on Market
969
Listed
February 3, 2024
MLS #
608546

Location

Listed With Century 21 Circle- Islamorada

Listing information is provided courtesy of the Florida Keys MLS. Information deemed reliable but not guaranteed.

75131 Overseas Highway, Lower Matecumbe, FL 33036 | KeysCations Realty