74560 Overseas Highway, Lower Matecumbe, FL 33036
sale
$4,100,000
|
Other
Courtesy Of Coldwell Banker Schmitt Islamorada
74560 Overseas Highway is a dynamic waterfront commercial asset with multiple revenue paths and significant redevelopment potential.Situated on a 15,000 SF parcel with generous on-site parking and 100 feet of seawall capable of accommodating up to 8 slips, the property delivers premier highway exposure and immediate Florida Bay and Atlantic Ocean access. Zoning supports four affordable housing units, one market-rate residence, and 5,640 SF of commercial space, creating a layered income strategy that blends residential density with marine-oriented business activity. The existing structure features expansive wraparound windows framing sweeping Atlantic views, plus a top-floor penthouse suite suited for owner occupancy, executive housing, or premium rental use (subject to approvals). The building configuration can also accommodate a rooftop helipad.Commercial Fishing zoning allows for uses such as a destination restaurant, seafood market, marine outfitter, charter or backcountry fishing headquarters, marina-support retail, or other enterprises aligned with the working waterfront.This is a high-visibility, commercial platform where housing, marine access, and US-1 frontage intersect to create compelling long-term value.
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Property Features
- Age: 41-50 Years Old
- Amenities: Water Front
- Appliance: Dishwasher
- Appliance: Refrigerator
- Appliance: Dryer
- Appliance: Washer
- Architecture Style: Other
- Building Units: 0
- Floors: 3
- Legal Description: MATECUMBE SANDY BEACH PB3-127 LOWER MATECUMBE KEY PT TRACT 5 (AKA PARCEL #5)
- MLSID: 618699
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
- Rooms: Bedroom 3
- Rooms: Bedroom 2
- Rooms: Bedroom 1
- View Type: Water
- View Type: Harbor
- View Type: Ocean
- View Type: Marina
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