74560 Overseas Highway, Lower Matecumbe, FL 33036

$4,100,000
Property Type: Commercial Sale Bedrooms: 3 Baths: 3 Square Footage: 6,071 Lot Size (sq. ft.): 15,100 Status: Active
Current Price: $4,100,000 List Date: 2/18/2026 Last Modified: 2/20/2026

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. 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.

More Information MLS# 618699

Contract Information

Current Price: $4,100,000 Listing Date: 2026-02-16 Listing Board: Florida Keys List Price: $4,100,000 Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No

Location Tax Legal

Street #: 74560 Street Name: Overseas Street Suffix: Highway Key/Island: Lower Matecumbe State/Province: FL Zip Code: 33036 Subdivision: Mat Sandy Bch (75.0) County: Monroe Area: 22 - Lower Matecumbe

General Property Description

Realtor.COM Type: Commercial Style: Commercial Lot Size: 100x151 Lot SqFt: 15100 Waterfront: Yes Control Depth: 6 Year Established: 1982-12-31 # Stories: 3 Total # Buildings: 1 Building SqFt: 6071 SqFt Source: Property Data Card Living Apx SqFt: 6071 Year Built: 1983 Total Bedrooms: 3 Full Baths: 3 Total Baths: 3

Status Change Info

Status: Active

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Property Info

# Boat Slips: 8

Dockage

Seawall: Concrete

Financial Status

Bank Owned: No Potential Short Sale: No

Property Features

Type: Apartment 3 or more; Bar; Marina; Professional Service; Restaurant; Retail Waterfront: Bay Front; Oceanfront; Open Water Waterview: Bay/Gulf View; Harbor/Marina View; Ocean View; Open Water View Vehicle Storage: Common Parking Utilities: Buyer to Verify; FKAA; Municipal Sewer Appliances: Dishwasher; Dryer; Refrigerator; Washer Miscellaneous: High Traffc Location; Highway Frontage; Open Water View; Residence on Premise Construction: CBS Land Size: 1/4 - 1/2 Acre Fee Includes: None Terms: Other Financing
Listing Office: Coldwell Banker Schmitt Islamorada
Last Updated: February - 20 - 2026
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