82925 Overseas Highway, Upper Matecumbe Key Islamorada, FL 33036

$3,300,000
Property Type: Commercial Sale Bedrooms: 8 Baths: 8 Lot Size (sq. ft.): 1,500 Status: Active
Current Price: $3,300,000 List Date: 1/05/2026 Last Modified: 1/06/2026

Description

Two contiguous commercial parcels present a compelling development opportunity at the primary entry point to Islamorada. Currently operating as a historic mobile home park, the Village of Islamorada has determined the property is entitled to eight market-rate development rights, offering flexibility to continue operations as-is or pursue redevelopment with new residential dwellings. This highly visible location marks the arrival into Islamorada and provides immediate access to the area's renowned fishing, diving, dining, and retail amenities. A rare opportunity to invest in a well-positioned asset within the charmed Islamorada real estate market.

More Information MLS# 617940

Contract Information

Current Price: $3,300,000 Listing Date: 2025-12-15 Listing Board: Florida Keys List Price: $3,300,000 Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No

Location Tax Legal

Street #: 82925 Street Name: Overseas Street Suffix: Highway Key/Island: Upper Matecumbe Key Islamorada State/Province: FL Zip Code: 33036 Subdivision: Ocean View (82.5) County: Monroe Area: 23 - Upper Matecumbe

General Property Description

Realtor.COM Type: Multi-Family Style: Residential Income Lot Size: 1500 Lot SqFt: 1500 Waterfront: No SqFt Source: Tax Records Year Built: 1975 Total Bedrooms: 8 Full Baths: 8 Total Baths: 8

Status Change Info

Status: Active

Association Info

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

Financial Status

Bank Owned: No Potential Short Sale: No

Property Features

Type: Other Services Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Common Parking Utilities: FKAA Construction: Manufactured Land Size: 1/4 - 1/2 Acre Fee Includes: Other Property Rights: Transfer Bldg Rights
Listing Office: Coldwell Banker Schmitt Islamorada
Last Updated: January - 06 - 2026
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