$3,300,000
( $543.57Per Sq Foot )
 $17,715 est/mo Sourced by Back At You

74560 Overseas Highway,ISLAMORADA, FL 33036

ISLAMORADA, FL 33036

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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.

Details

MLS #618699
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Year1983
Days On Site194
Listing Provided ByColdwell Banker Schmitt Islamorada | Alina Davis

Features

Bed(s)3
Bath(s) 3 Total
SQ Feet6,071
Story(s)3
Building(s)1
ZoningCF - Commercial Fishing
Acreage0.35
Water FrontYes
Property ViewHarbor, Marina View, Open Water V

Taxes

Property20434

Area Information

StateFL
CountyMonroe
CityISLAMORADA
Zip Code33036
Area22 Lower Matecumbe
Community NameMat Sandy Bch (75.0)
Listing VS Median (in Mat Sandy Bch (75.0))
Price:
$3,300,000
low | high
Med:
$4,725,000
6.818181818182% of Average
sqft:
6,071
low | high
Med:
5,764
55.065063416241% of Average
$ / sqft:
$544
low | high
Med:
$835
3.685267262063% of Average
On site:
194
low | high
Med:
201
96.517412935323% of Average
Sourced by Back At You

Market Activity 33036

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Learn More About This Property

StateFL
CountyMonroe
CityISLAMORADA
Zip Code33036
Area22 Lower Matecumbe
Community NameMat Sandy Bch (75.0)
Listing VS Median (in Mat Sandy Bch (75.0))
Price:
$3,300,000
low | high
Med:
$4,725,000
6.818181818182% of Average
sqft:
6,071
low | high
Med:
5,764
55.065063416241% of Average
$ / sqft:
$544
low | high
Med:
$835
3.685267262063% of Average
On site:
194
low | high
Med:
201
96.517412935323% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $2.475M - $4.125M
sqft: 4,500 - 7,500
Nearby Listings Property ImageNearby Listings Details
137 Sapodilla Drive Property Photo 1
$6,150,000
137 Sapodilla Drive
Islamorada, FL 33036
Listing Updated: August 3, 2026 at 7:50:14 AM PDT