74450 Overseas Highway $1,699,000

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    74450 Overseas Highway Lower Matecumbe, FL 33036

    • 3 Beds
    • 3 Baths
    • 1,980 sq. ft.
    • Single-Family
    • MLS# 597095
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    Views: 3 Days On Site: 128

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    Property Details

    Rare opportunity for the savvy investor. The potential is limited only by the imagination. This prime location just off US 1 with open water ocean views is zoned NC (Neighborhood Commercial.) Also listed as a Multi-Family dwelling.Originally permitted by Monroe County as a 3 unit apartment building, today it has a 2 bedroom 1 bath unit upstairs with a good monthly rental history. A 7 day vacation license from Islamorada is possible. Downstairs has an office with an ocean view with a kitchen/dining room and a bedroom and half bath.The 6900 sq ft lot is fenced on both sides and the rear for privacy, an outdoor shower, washer and dryer and trailer storage while the front is open for parking and presently a rental business for kayaks and bicycles. The office with a view is occupied by a Mai D'cor a home design center. Zoning allows for a variety of other ventures in this perfectly located commercial property

    • General Features
      • Acreage 0.16
      • Square Footage 1,980
      • Stories 2 Stories
      • As Is Right to Inspect Yes
      • Fee Includes Other
      • Deed Restrictions Unknown
      • Key Island Lower Matecumbe
      • Subdivision White Marlin Bch (74.5)
      • Off Shore Island No
      • Pets Pets Allowed
      • Rentals Allowed With Restrictions
      • Taxes $6,717
      • Tax Exemptions None
      • Tax Year 2020
    • Building Features
      • Appliances Dryer, Freezer, Microwave, Oven, Range, Refrigerator, Washer, Wine Cooler
      • Construction CBS
    • Property Features
      • Dockage None
      • Pool No
      • Side Bay/Gulf
      • Water View Ocean View, Open Water View
      • Waterfront Property No
      • Waterfront Type None
      • Utilities Buyer to Verify, FKAA, Municipal Sewer
      • Pub Sewer HkUp Yes

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    Neighborhood

    33036 (Lower Matecumbe) Demographics

    56 Median Age
    64 Population Density (per sq. mile)
    51% College Educated
    $83,261 Estimated Median Income
    1,212 Estimated Total Home Owners
    317 Estimated Total Renters
    79% / 21% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    3,496 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $875,000 Median Sales Price
    15 Homes Sold
    13 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $1,699,000
        7/29/2021 3:49:00 PM New in Database Source: Multiple Listing Service New Value: $1,699,000

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        Listing information is provided in part by the Internet Data Exchange (IDX) program of the Florida Keys Board of REALTORS®, Inc. The information on this website is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright 2021 Florida Keys Board of REALTORS®, Inc. All rights reserved.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.