Investor or Developer Opportunity in the Heart of Islamorada! This waterfront property features 8 income-producing units in excellent condition, including seven 1-bedroom/1-bath units and one penthouse 3-bedroom/2-bath unit. All units are currently leased, offering immediate cash flow. Enjoy ample parking, a premium location directly on Overseas Highway, and frontage to the water — a rare find in such a central area. Zoning allows for multiple possibilities. Whether you're looking to expand, redevelop, or simply enjoy stable income, this property is a must-see in the Florida Keys. Walking distance to restaurants, shops, marinas, and more.
For sale
Price increase: $4M (9/24)
$3,999,000
74560 Overseas Hwy, Islamorada, FL 33036
4beds
3baths
6,071sqft
Est.:
Quadruplex
Built in 1983
-- sqft lot
$-- Zestimate®
$659/sqft
$-- HOA
What's special
Excellent conditionAmple parkingDirectly on overseas highwayIncome-producing unitsWaterfront propertyFrontage to the water
- 35 days |
- 267 |
- 7 |
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