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

74560 Overseas Highway, Lower Matecumbe, FL 33036 | KeysCations Realty