1 / 20$3,150,000
74560 Overseas Highway, Lower Matecumbe, FL 33036
3
Beds
3
Baths
6,071
Sq Ft
- Waterfront
About this home
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.
Property details
- Property Type
- Commercial
- Year Built
- 1983
- Lot Size
- 15,100 sq ft
- Annual Taxes
- $20,435/yr
- Subdivision
- Mat Sandy Bch (75.0)
- Days on Market
- 225
- Listed
- February 16, 2026
- MLS #
- 618699
Location
Listed With Coldwell Banker Schmitt Islamorada
Listing information is provided courtesy of the Florida Keys MLS. Information deemed reliable but not guaranteed.
