74560 Overseas Highway, Islamorada, FL 33036

$3,399,000
Property Type: Commercial Sale Square Footage: 6,071 Status: Active
Current Price: $3,399,000 List Date: 2/18/2026 Last Modified: 6/02/2026

Description

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. Commercial fishing zoning allows for uses such as a restaurant, seafood market, marine outfitter, charter or fishing headquarters, or other enterprises aligned with the working waterfront.

More Information MLS# R11164709

Contract Information

Comp Sale YN: No Negotiable Seller Concessions YN: No Listing Date: 2026-02-17 Status: Active Original List Price: 4100000 List Price: $3,399,000 Current Price: $3,399,000

Location and Legal

County Or Parish: Monroe County Parish Name: Monroe City Name: Islamorada Postal Code: 33036 Geographic Area: Other Property Description: Commercial Country: United States Street Number: 74560 Street Name: Overseas Street Suffix: Highway State Or Province: FL Area: 5940 - Other Florida County Parcel Number: 00394480000105 Zoning: CFA

General Property Information

Number Of Units Total: 1 Lot Size Area: 522720 Stories: 3 Property Sub Type: Multi Family Building Area Main: 6071 Building Area Source: Public Records Year Built: 1983 Lot Size Acres: 12

Remarks and Miscellaneous

Public Historical Remarks: Building Type: Y

Office/Member Information

DXORIGMLSID: RML

Electric

Three Phase: 1

Flooring

Ceramic Tile: 1 Concrete: 1

Documents Available

Copy Of Lease(s): 1 Existing Survey: 1 Owner Managed: 1

Meter Information

Number Of Meters Total: 1

Structure Type

Office: 1

Possession

Close Of Escrow: 1

Utilities

Cable Available: 1

Building and Property Details

# Of Toilets: 3 % Air Conditioned: 100 Maximum Ceiling Height: 35

Business Type

Commercial: 1 Recreation: 1 Retail: 1

Heating

Central Individual: 1

Sale Includes

Building: 1 Land: 1

Listing Terms

Conventional: 1

Roof

Built-Up: 1 Other: 1

Security Features

Fire Alarm: 1 Smoke Detector(s): 1

Cooling

Central Individual: 1

Showing Requirements

24 Hour Notice: 1

Price Calculations

Current Price To SqFt: 675.34

Financial Information

Tax Annual Amount: 20434.9 Tax Year: 2025 Tax Legal Description: MATECUMBE SANDY BEACH PB3-127 LOWER MATECUMBE KEY PT TRACT 5 (AKA PARCEL #5)

Status Change Information

Major Change Timestamp: 2026-06-02T18:38:55Z Major Change Type: Price Reduced Price Change Timestamp: 2026-06-02T18:38:55Z Status Change Date: 2026-02-18

Originating Details

Originating System Key: 20260218111701244644000000 Originating System ID: M00000170

Property Features

Business Type: Commercial; Recreation; Retail Documents Available: Copy Of Lease(s); Existing Survey; Owner Managed Electric: Three Phase Flooring: Ceramic Tile; Concrete Heating: Central Individual Possession: Close Of Escrow Sale Includes: Building; Land Cooling: Central Individual Listing Terms: Conventional Roof: Built-Up; Other Security Features: Fire Alarm; Smoke Detector(s) Structure Type: Office Utilities: Cable Available Showing Requirements: 24 Hour Notice
Listing Office: Coldwell Banker Schmitt RE Co
IDX
Last Updated: June - 02 - 2026
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