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74560 Overseas Highway, Islamorada, FL 33036 (MLS# R11164709)

74560 Overseas Highway, Islamorada, FL 33036

$3,900,000
Property Type: Commercial Sale Square Footage: 6,071 Status: Active
Current Price: $3,900,000 List Date: 2/18/2026 Last Modified: 4/29/2026

Overview

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.

Listing Details MLS# R11164709

General Property Information

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

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

Contract Information

Comp Sale YN
No
Original List Price
4100000
Negotiable Seller Concessions YN
No

Location and Legal

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

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)

Remarks and Miscellaneous

Public Historical Remarks
Building Type: Y

More Information

Status Change Information

Major Change Timestamp
2026-03-24T21:28:10Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-03-24T21:28:10Z
Status Change Date
2026-02-18

Building and Property Details

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

Meter Information

Number Of Meters Total
Yes

Price Calculations

Current Price To SqFt
675.34

Originating Details

Originating System Key
20260218111701244644000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Electric

Three Phase
Yes

Flooring

Ceramic Tile
Yes
Concrete
Yes

Documents Available

Copy Of Lease(s)
Yes
Existing Survey
Yes
Owner Managed
Yes

Structure Type

Office
Yes

Possession

Close Of Escrow
Yes

Utilities

Cable Available
Yes

Business Type

Commercial
Yes
Recreation
Yes
Retail
Yes

Heating

Central Individual
Yes

Sale Includes

Building
Yes
Land
Yes

Listing Terms

Conventional
Yes

Roof

Built-Up
Yes
Other
Yes

Security Features

Fire Alarm
Yes
Smoke Detector(s)
Yes

Cooling

Central Individual
Yes

Showing Requirements

24 Hour Notice
Yes
Listing Office: Coldwell Banker Schmitt RE Co
IDX
Last Updated: April - 29 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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