75131 Overseas Highway

Islamorada, FL 33036

$6,995,000
Price
48,000 / 1.10
Lot Size / Acres

Description

Duplicate Listing, see MLS # 608546. Beautiful 300' of oceanfront property on Lower Matecumbe Key. This offering consists of two 100' lots, vacant & contiguous. a 100' lot with a triplex apartment building, and 2 additional Transferablr Development Rights. This gives you endless possibilities for redevelopment of the property. The two vacant lots have an additional 200' of bay bottom. Fantastic 180 ocean views make for gorgeous sunrises on the naturally sandy beaches. View Alligator Lighthouse, watch...Duplicate Listing, see MLS # 608546. Beautiful 300' of oceanfront property on Lower Matecumbe Key. This offering consists of two 100' lots, vacant & contiguous. a 100' lot with a triplex apartment building, and 2 additional Transferablr Development Rights. This gives you endless possibilities for redevelopment of the property. The two vacant lots have an additional 200' of bay bottom. Fantastic 180 ocean views make for gorgeous sunrises on the naturally sandy beaches. View Alligator Lighthouse, watch dolphin, manatees, and birds 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, plus bonefish are making a comeback so you can wade with your fly rod for a real thrill. also snorkel for lobster in season in all the little crevices and holes offshore of the property. And 2 additional TDRs. Note: one of owners is a State of Florida Real Estate LicenseeRecap: 300' of oceanfront made up of 2 vacant lots with 200' of bay bottom, 1 lot with 3 apartments
  1. Listed by Randy Selden • Century 21 Circle
  2. Listed by Barbara Edgar • Century 21 Circle

Property Details for 75131 Overseas Highway

Waterfront
Yes
Waterfront
Oceanfront
Zoning
R1 - Residential Single Family
Subdivision
Mat Ocean Beach (75.0)
Directions
On Overeas Highway oceanside near MM 75

Location

Listing Courtesy of Century 21 Circle
Add your commute
LISTING UPDATED: 03/19/2024 03:44 PM

Property Details for 75131 Overseas Highway

StatusActive
MLS #608979
Days on Market59
Taxes$27,699 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeVacant Land
Year Built-
Lot Size1.10 AC
CountyMonroe County

Location

Listing Courtesy of Century 21 Circle
Add your commute

Building Information for 75131 Overseas Highway

Lot Size1.10 AC

Payment Calculator

$40,483 per month

30 year fixed, 7.25% Interest

Principal and Interest

$38,175

Property Taxes

$2,308

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 75131 Overseas Highway

Summary
Location and General Information
  • Waterview: Ocean View
  • Area: 22 - Lower Matecumbe
  • Control Depth: 2
  • Listing Board: Florida Keys
  • Side: Ocean
  • Mile Marker: 75.0
  • Marathon Neighborhood: N/A
  • Key/Island: Lower Matecumbe
Owner
  • Owner Name: Eyster Dec Trust 12/30/93
Taxes and HOA Information
  • Tax Year: 2023
  • Tax Exemptions: Homestead
  • Assoc/Misc Info: Mandatory Home Owners Asc: No
  • Assoc/Misc Info: 1st Right of Refusal: No
Property
Lot Information
  • Parcel #: 00398880-000000
  • Add'l Parcel #1: 00398870-000000
  • Add'l Parcel #2: 00398860 & 00097730
  • Total Lots: 3.0
Property and Assessments
  • Survey Available: No
  • Vegetation Survey: No
  • Miscellaneous Info: Mobile Home Lot: No
  • Legal: Lots 67, 66, and 65 plus baybottom adjacent to Loys 66 & 65 of Matecumbe Ocean Beach Section A Lower Matecembe PB2-3
  • MLS Approved: Y
  • Bank Owned: No
  • Limited Representation: No
  • Flood Zone: AE-11
  • Deed Restrictions: Unknown
  • Picture Count: 36
  • Document Count: 0
Interior and Exterior Features
Exterior Features
  • Dockage: Dock: Other

Property History for 75131 Overseas Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 75131 Overseas Highway

Taxable ValueLand$1,984,500Additions$178,026Total$2,162,526
Tax Record2023$16,093 ($1,341 / month)
Home Facts
Baths3Total Finished SqFt1,530 SqFtAbove Grade Finished SqFt1,530 SqFtStories1Lot Size18,750 SqFtStyleMulti-Family Dwelling (2-4)Year Built1957Year Renovated1970CountyMONROEAPN00398880-000000

Schools near 75131 Overseas Highway

This home is within Monroe.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 1 to 12
Charter - PK to 8
Public - 6 to 12
Rating
School
Distance
Plantation Key School
PublicPK to 8

Key West High School
Public1 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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75131 Overseas Highway is a 1.10 ac of land for sale in Islamorada, FL 33036. This property was listed for sale on March 1, 2024 by Century 21 Circle, it's currently listed at $6,995,000. This listing's school district is Monroe. Nearby schools include Plantation Key School, Key West High School and Treasure Village Montessori Charter School. 75131 Overseas Highway is a 0-bed, 0-bath, 1.10 ac of land on a 48,000 sq. ft. / 1.10 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Century 21 Circle

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.