75131 Overseas Highway

Lower Matecumbe, FL 33036 / Mat Ocean Beach (75.0)

MLS ID# 608546 Active
Single Family

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$6,995,000

3 beds

3 baths

******** Garage

1500 sqft

1.1 acres

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• Description
• Location, Tax & Legal
• General Property Description
• Details
• Video 1

Description

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 Transferable 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 dolphins, manatees, and birds feeding on fish 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 and bonefish are making a comeback so you can wade with your fly rod for a thrill. Also snorkel for lobster in season in all the little crevices and holes off shore of the property. Recap: 300' of oceanfront made up of 2 vacant lots, 1 lot with 3 apartments, bay bottom on the vacant lots, and 2 additional transferable building rights. Note: One of the owners is a State of Florida Real Estate Licensee 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 Transferable Development Rights. This gives you endless possib... show more

Location, Tax & Legal

• Street # 75131
• Street Name Overseas
• Street Suffix Highway
• Key/Island Lower Matecumbe
• City ISLAMORADA
• State/Province FL
• Zip Code 33036
• County Monroe
• Subdivision Mat Ocean Beach (75.0)
• Mile Marker 75
• Area 22 - Lower Matecumbe
• Marathon Neighborhood N/A
• Side Ocean
• Flood Zone AE elev 11
• Alternate Key # 1491276
• Add'l Parcel #1 00398870-000000
• Add'l Parcel #2 00398860 & 00097730
• Parcel # 00398880-000000
• Zoning R1 - Residential Single Family
• Deed Restrictions Unknown
• Legal Lots 67, 66, & 65 plus bay bottom adjacent to Lots 66 & 65 of Matecube Ocean Beach Section A Lower Matecumbe PB2-39
• Taxes 27699
• Tax Year 2023
• Pub Sewer HkUp Yes

General Property Description

• Realtor.COM Type Residential - Single Family
• Style Single Family
• Waterfront Yes
• Control Depth 2
• Pool No
• Year Built 1957
• Total Units 3
• Lot Size 300' wide X 160' deep
• Lot SqFt 48000
• Lot Sqft Source Tax Records
• Acres 1.1
• Living Apx SqFt 1500
• SqFt Source Property Data Card
• Total Bedrooms 3
• Full Baths 3
• Half Baths 0
• Total Baths 3
• Rentals Allowed With Restrictions

Details

• Association Info

  No Mandatory Home Owners Asc, No 1st Right of Refusal, Association Fee $:0

• Fee Includes

  None

• Tax Exemptions

  None

• Waterfront

  Oceanfront

• Waterview

  Ocean View

• Dockage

  None

• Building Style

  No Above Flood, Ground Level

• Utilities

  FKAA, Municipal Sewer

• Appliances

  No Appliances

• Construction

  Concrete

• Pets

  Pets Allowed

• Land Size

  More than 1 Lot

• Show

  Short Notice OK