74450 Overseas Highway,ISLAMORADA, FL 33036
ISLAMORADA, FL 33036
Description
Rare Mixed-Use Opportunity with Spectacular Ocean Views in Islamorada MM 74.5. Endless possibilities await at this highly visible, commercially zoned property located directly on the Overseas Highway at Mile Marker 74.5. Offering breathtaking open Atlantic Ocean views and exceptional highway frontage, this unique property is ideal for investors, entrepreneurs, or anyone seeking the perfect live-work lifestyle in the Florida Keys. Originally permitted as a three-unit apartment building, the property is currently configured with two primary living/work spaces, creating the opportunity for a buyer to explore the potential for a third apartment or reconfigure the property to suit their vision, subject to local approvals. Whether you're looking to maximize rental income, establish a business with residential accommodations, or create a one-of-a-kind family compound, the flexibility here is exceptional. The Neighborhood Commercial (NC) zoning opens the door to a wide variety of commercial uses while the existing residential layout also lends itself beautifully to conversion into a spacious single-family residence with incredible ocean views. Imagine waking each morning to the sunrise over the Atlantic while operating your business from one of Islamorada's most recognizable and accessible locations. The property offers generous parking, excellent visibility, fenced outdoor space, and a location surrounded by restaurants, shopping, marinas, and the best of the Florida Keys lifestyle. Opportunities with this combination of commercial frontage, residential flexibility, income potential, and unobstructed ocean views are exceptionally rare. Whether your vision is investment, business, residential living, or a combination of all three, this is a property where imagination truly becomes opportunity.
Details
| MLS # | 620533 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| HOA Dues | $300 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1967 |
| Days On Site | 48 |
| Listing Provided By | Realty ONE Group Destination (ISL) | Krissy Carnahan |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,980 |
| Zoning | NC - Neighborhood Commercial |
| Acreage | 0.16 |
| Water Front | None |
| Property View | Open Water View, Ocean |
Taxes
| Property | 7363 |
|---|
Area Information
| State | FL |
|---|---|
| County | Monroe |
| City | ISLAMORADA |
| Zip Code | 33036 |
| Area | 22 Lower Matecumbe |
| Community Name | White Marlin Bch (74.5) |
| Listing VS Median (in White Marlin Bch (74.5)) | |
Price: $1,680,000 low | high Med: $1,680,000 sqft: 1,980 low | high Med: 1,980 $ / sqft: $848 low | high Med: $848 On site: 48 low | high Med: 48 | |
Market Activity 33036
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The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Coldwell Banker Schmitt are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.
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Learn More About This Property
| State | FL |
|---|---|
| County | Monroe |
| City | ISLAMORADA |
| Zip Code | 33036 |
| Area | 22 Lower Matecumbe |
| Community Name | White Marlin Bch (74.5) |
| Listing VS Median (in White Marlin Bch (74.5)) | |
Price: $1,680,000 low | high Med: $1,680,000 sqft: 1,980 low | high Med: 1,980 $ / sqft: $848 low | high Med: $848 On site: 48 low | high Med: 48 | |
