82929 Overseas Highway, Upper Matecumbe Key Islamorada, FL 33036
sale
$5,500,000
|
Other
Courtesy Of Coldwell Banker Schmitt Islamorada
Prime Redevelopment Opportunity in the Heart of IslamoradaA rare investment in paradise! This one-of-a-kind property, made up of three parcels located at 82925, 82929, and 82935 Overseas Hwy, presents a developer's dream in the heart of Islamorada. Currently featuring a mix of mobile homes, multiple apartments, and a commercial building, the property is zoned Village Center, allowing for a broad range of redevelopment possibilities. Islamorada Village Planning Department recognizes 8 Market Rate Development Rights and 1 commercial building boasting 3,312 nonresidential SF with attached work yard.At the gateway to Islamorada, this prime location offers an unparalleled welcome to all Islamorada has to offer including world-class fishing, dining, diving, and shopping. Find a win through thoughtful investment in the charmed Islamorada real estate market.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 9
- Exterior Type: Concrete
- Legal Description: BK 1 LT 14 OCEAN VIEW PB1-193 UPPER MATECUMBE OR425-866/867 OR472-735/736 OR727-484 OR732-374 UNRECORDED D/C ON FILE OR
- MLSID: 614467
- View Type: Water
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