A once-in-a-lifetime opportunity to acquire one of the most unique properties in the Florida Keys! The parcel is approximately 1.46 Acres! Plus approximately 15,000 square feet of Deeded Bay Bottom! Owning the bay bottom makes it much easier to build additional docks. Situated along deep water with your very own protected boat basin that can hold multiple boats. Zoned Multi- Family this estate includes 2 Market Rate Building Rights, which is allowed for WEEKLY rental. Enjoy endless opportunities with this rare Gulf Front Estate. Lines in the aerials are approximate. Currently on the property there are 3 Units being rented. One - 2 Bedroom House and Two - 1 Bedroom Units. Ready for Offers.
Sold for $3,200,000 on 03/28/23
$3,200,000
75700 Overseas Hwy, Islamorada, FL 33036
4beds
805sqft
Single Family Residence
Built in 1954
1.46 Acres Lot
$3,703,700 Zestimate®
$3,975/sqft
$5,491 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 02, 2024 at 03:14pm
Listed by:
Amy M. Prumo 310-384-5647,
Coldwell Banker Schmitt Real Estate Co.,
Thomas E Carden 815-329-5220,
Coldwell Banker Schmitt Real Estate Co.
Bought with:
Lorie LaLonde-Miller, 3211570
American Caribbean Real Estate, Christie's International Real Estate
Source: FLKMLS,MLS#: 603642
Originating MLS: Marathon/Lower Keys

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Appliances
- Included: YES
Interior area
- Total interior livable area: 805 sqft
Property
Features
- Levels: Ground Level
- Has view: Yes
- View description: Ocean, Water, Bay/Gulf View
- Has water view: Yes
- Water view: Ocean,Water,Bay/Gulf View
- Waterfront features: Oceanfront, Open Water, Bay Front, Waterfront, Dock: Other, Dockage: Basin
Lot
- Size: 1.46 Acres
- Features: 1 Less Than 2 Acres
Details
- Parcel number: 00394840000000
- Zoning: MF
- Zoning description: Multi-Family Attached
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- CBS
Condition
- Year built: 1954
Utilities & green energy
- Sewer: Municipal Sewer, Public Sewer
- Utilities for property: FKAA
Community & neighborhood
Location
- Region: Islamorada
- Subdivision: Mat Ocean Bay (75.0)
HOA & financial
HOA
- Has HOA: No
- Services included: None