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 propertyNote: One of the owners is a State of Florida Real Estate Licensee
For sale
Price increase: $6M (7/25)
$6,495,000
75131 Overseas Hwy, Islamorada, FL 33036
3beds
1,500sqft
Est.:
Single Family Residence
Built in 1957
1.1 Acres Lot
$-- Zestimate®
$4,330/sqft
$-- HOA
What's special
Oceanfront propertyTarpon fishingGorgeous sunrisesAlligator lighthouseBeautiful full moon risingsNaturally sandy beachesSnorkel for lobster
- 573 days
- on Zillow |
- 429 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: July 25, 2025 at 04:24am
Listed by:
Randy Selden 305-481-6732,
Century 21 Circle- Islamorada,
Barbara Edgar 305-393-0940,
Century 21 Circle- Islamorada
Source: FLKMLS,MLS#: 608546
Originating MLS: Florida Keys

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Included: No Appliances
Interior area
- Total interior livable area: 1,500 sqft
Property
Features
- Levels: Ground Level
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
- Waterfront features: Oceanfront, Waterfront, Dockage: None
Lot
- Size: 1.1 Acres
- Dimensions: 300' wide x 160' deep
- Features: More than 1 Lot
Details
- Additional parcels included: 00398870000000
- Parcel number: 00398880000000
- Zoning: R1
- Zoning description: Residential Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete
Condition
- Year built: 1957
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA
Community & HOA
Community
- Subdivision: Mat Ocean Beach (75.0)
HOA
- Has HOA: No
- Services included: None
Location
- Region: Islamorada
Financial & listing details
- Price per square foot: $4,330/sqft
- Annual tax amount: $27,699
- Date on market: 2/5/2024
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