75131 Overseas Highway, Lower Matecumbe, FL 33036

$6,495,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,500 Lot Size (sq. ft.): 48,000 Status: Active
Current Price: $6,495,000 List Date: 10/22/2024 Last Modified: 12/10/2025

Description

Beautiful 200' of oceanfront property on Lower Matecumbe Key. This offering consists of one 100' lot, vacant with TDR & contiguously, a 100' lot with a triplex apartment building (3 TDRs),.This gives you endless possibilities for redevelopment of the property. The vacant lot has 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: 200' of oceanfront made up of 1 vacant lot with TDR, 1 lot with 3 apartments, bay bottom on the vacant lot, for a total of 4 TDRs on the property Note: One of the owners is a State of Florida Real Estate Licensee

More Information MLS# 608546

Contract Information

Current Price: $6,495,000 Listing Date: 2024-02-03 Listing Board: Florida Keys List Price: $6,495,000

Location Tax Legal

Street #: 75131 Street Name: Overseas Street Suffix: Highway Key/Island: Lower Matecumbe State/Province: FL Zip Code: 33036 County: Monroe Subdivision: Mat Ocean Beach (75.0) Area: 22 - Lower Matecumbe

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 Total Baths: 3 Rentals Allowed: With Restrictions

Status Change Info

Contingent: None Contingent Remarks: inspections Status: Active

Association Info

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

Building Style

Above Flood: No

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Oceanfront Waterview: Ocean View Dockage: None Building Style: Ground Level Utilities: FKAA; Municipal Sewer Appliances: No Appliances Construction: Concrete Pets: Pets Allowed Land Size: More than 1 Lot
Listing Office: Century 21 Circle- Islamorada
Last Updated: December - 10 - 2025
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.