75700 Overseas Highway

Islamorada, FL 33036

$3,200,000
Last Sold Price
4
Beds
3
Baths
1
1/2 Bath
805 Sq. Ft.
$3,975 / Sq. Ft.
805
Sq. Ft.
$3,975
per Sq. Ft.

Description

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...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.
  1. Listed by Amy M. The Prumo/Carden Team • Coldwell Banker Schmitt Real Estate Co.
  2. Listed by Thomas Carden • Coldwell Banker Schmitt Real Estate Co.

Property Details for 75700 Overseas Highway

Waterfront
Bay Front, Oceanfront, Open Water
Waterfront
Yes
Zoning
MF - Multi-Family Attached
Subdivision
Mat Ocean Bay (75.0)
Directions
U.S. 1 to Mile Marker 75, Gulf Side.
Building Style
Ground Level
Pets
Pets Allowed

Location

Listing Courtesy of Coldwell Banker Schmitt Real Estate Co.

Sold By American Caribbean Real Estate - Islamorada

Add your commute
LISTING UPDATED: 03/28/2023 12:53 PM

Property Details for 75700 Overseas Highway

StatusClosed
MLS #603642
Days on Market78
Taxes$27,132 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family
Year Built1954
Lot Size1.46 AC / 63,598 SF
CountyMonroe County

Location

Listing Courtesy of Coldwell Banker Schmitt Real Estate Co.

Sold By American Caribbean Real Estate - Islamorada

Add your commute

Virtual Tour

Building Information for 75700 Overseas Highway

Stories-Year Built1954Building Size-Lot Size1.46 AC / 63,598 SF

Payment Calculator

$19,725 per month

30 year fixed, 7.25% Interest

Principal and Interest

$17,464

Property Taxes

$2,261

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 75700 Overseas Highway

Summary
Location and General Information
  • Waterview: Bay/Gulf View, Ocean View, Open Water View
  • Area: 22 - Lower Matecumbe
  • Absolute Longitude: 80.712853
  • Control Depth: 5
  • Listing Board: Marathon/Lower Keys
  • Side: Bay/Gulf
  • Mile Marker: 75.0
  • Marathon Neighborhood: N/A
  • Key/Island: Lower Matecumbe
Owner
  • Owner Name: Owner on Record
Taxes and HOA Information
  • Association Info: Mandatory Home Owners Asc: No
  • Association Info: 1st Right of Refusal: No
  • Fee Includes: None
  • Tax Year: 2022
  • Tax Exemptions: None
Virtual Tour
Property
Lot Information
  • Acres: 1.46
  • Parcel #: 00394840-000000
  • Land Size: 1 Less Than 2 Acres
Property and Assessments
  • Legal: BK 1 LT 6 AND ADJ BAY BTM MAT OCEAN-BAY SEC-1 AMENDED & EXTENDED LOWER MATECUMBE KEY
  • MLS Approved: Y
  • Limited Representation: No
  • SqFt Source: Property Data Card
  • Flood Zone: AE VE
  • Rentals Allowed: Yes
  • Deed Restrictions: Unknown
  • Picture Count: 31
  • Document Count: 0
  • Building Style: Above Flood: Unknown
Utilities
  • Utilities: FKAA, Municipal Sewer
  • Pub Sewer HkUp: Yes
  • Pool: No
Interior and Exterior Features
Interior Features
  • Appliances: Other: YES
Exterior Features
  • Dockage: Dock: Other
  • Construction: CBS
  • Dockage: Basin

Property History for 75700 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 75700 Overseas Highway

Taxable ValueLand$2,849,706Additions$294,682Total$3,144,388
Tax Record2023$22,950 ($1,913 / month)
Home Facts
Baths2Total Finished SqFt1,222 SqFtAbove Grade Finished SqFt1,222 SqFtStories1Lot Size77,467 SqFtStyleMulti-Family Dwelling (2-4)Year Built1954Year Renovated1990CountyMONROEAPN00394840-000000

Schools near 75700 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 Coldwell Banker Schmitt Real Estate Co.

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.