74560 Overseas Hwy ,Quadruplex, Matecumbe Sandy Beach for Sale

74560 Overseas Hwy for Sale

Price $3,999,000.00

• Lot size 12045
• Year Build 1983
• Waterfront Canal Front, Ocean Front
• Zip 33036
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Investor or Developer Opportunity in the Heart of Islamorada! This waterfront property features 8 income-producing units in excellent condition, including seven 1-bedroom/1-bath units and one penthouse 3-bedroom/2-bath unit. All units are currently leased, offering immediate cash flow. Enjoy ample parking, a premium location directly on Overseas Highway, and frontage to the water ? a rare find in such a central area. Zoning allows for multiple possibilities. Whether you're looking to expand, redevelop, or simply enjoy stable income, this property is a must-see in the Florida Keys. Walking distance to restaurants, shops, marinas, and more.

***Please call listing agent or listing office to coordinate showings*** DO NOT disturb tenants***

MATECUMBE SANDY BEACH PB3-127 LOWER MATECUMBE KEY PT TRACT 5 (AKA PARCEL #5) OR775-344 OR1642-1682/83 OR1642-1684/85 OR2838-1202/03 OR2953-0

Less Than 1/4 Acre Lot

Investor or Developer Opportunity in the Heart of Islamorada! This waterfront property features 8 income-producing units in excellent condition, including seven 1-bedroom/1-bath units and one penthouse 3-bedroom/2-bath unit. All units are currently leased, offering immediate cash flow. Enjoy ample parking, a premium location directly on Overseas Highway, and frontage to the water ? a rare find in such a central area. Zoning allows for multiple possibilities. Whether you're looking to expand, redevelop, or simply enjoy stable income, this property is a must-see in the Florida Keys. Walking distance to restaurants, shops, marinas, and more.

City:Islamorada,Zoning:CFA,Cooling:1:Electric,List A O R:A-Miami Association of REALTORS,Stories:3,Tax Year:2025,Flooring:1:Tile,2:Vinyl,Latitude:24.8569837,Cooling Y N:1,List Price:3999000,Listing Id:A11883039,Longitude:-80.7287671,Mls Status:Active,Year Built:1983,Inclusions:Deeded Dock,Dock Available,Private Dock,Living Area:6071,Postal Code:33036,Street Name:Overseas Hwy,Coordinates:1:24.8569837,Photos Count:1,Building Name:MATECUMBE SANDY BEACH,Days On Market:1,Listing Terms:1:Conventional,2:Owner Will Carry,Lot Size Units:Square Feet,M I A M I R E_ Area:98 Florida Keys,M L S Area Major:Matecumbe Sandy Beach,On Market Date:2025-09-23,Parcel Number:00394480-000105,Parking Total:15,Property Type:Residential Income,Rent Includes:1:Sewer,2:Trash Collection,3:Water,Stories Total:3,Street Number:74560,Waterfront Y N:1,M I A M I R E_ Style:Fourplex,Public Remarks:Investor or Developer Opportunity in the Heart of Islamorada! This waterfront property features 8 income-producing units in excellent condition, including seven 1-bedroom/1-bath units and one penthouse 3-bedroom/2-bath unit. All units are currently leased, offering immediate cash flow. Enjoy ample parking, a premium location directly on Overseas Highway, and frontage to the water ? a rare find in such a central area. Zoning allows for multiple possibilities. Whether you're looking to expand, redevelop, or simply enjoy stable income, this property is a must-see in the Florida Keys. Walking distance to restaurants, shops, marinas, and more.,Structure Type:1:Fourplex,County Or Parish:Monroe County,Expiration Date:2026-10-01,Frontage Length:100,List Office Name:Dacor Realty LLC,Private Remarks:***Please call listing agent or listing office to coordinate showings*** DO NOT disturb tenants***,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:4134,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:MATECUMBE SANDY BEACH,Tax Annual Amount:18004,Unparsed Address:74560 Overseas Hwy, Islamorada FL 33036,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:12045,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:AE,M I A M I R E_ L P Amt Sq Ft:658.7053,Original List Price:3999000,Documents Available:1:Rent Rolls,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Showing Contact Type:1:Call Listing Office,Syndication Remarks:Investor or Developer Opportunity in the Heart of Islamorada! This waterfront property features 8 income-producing units in excellent condition, including seven 1-bedroom/1-bath units and one penthouse 3-bedroom/2-bath unit. All units are currently leased, offering immediate cash flow. Enjoy ample parking, a premium location directly on Overseas Highway, and frontage to the water ? a rare find in such a central area. Zoning allows for multiple possibilities. Whether you're looking to expand, redevelop, or simply enjoy stable income, this property is a must-see in the Florida Keys. Walking distance to restaurants, shops, marinas, and more.,Waterfront Features:1:Ocean Front,Listing Contract Date:2025-09-23,Originating System I D:miamire,Public Survey Section:20,Showing Instructions:Appointment Only,Call Listing Agent,Call Listing Office,Street Number Numeric:74560,Tax Legal Description:MATECUMBE SANDY BEACH PB3-127 LOWER MATECUMBE KEY PT TRACT 5 (AKA PARCEL #5) OR775-344 OR1642-1682/83 OR1642-1684/85 OR2838-1202/03 OR2953-0,M I A M I R E_ Current Price:3999000,Construction Materials:1:Concrete Block With Brick,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Geographic Area:Other Geographic Area (Out Of Area Only),M I A M I R E_ Internet Remarks:Waterfront 8-Unit Income Property! Fully leased, this property include seven 1BR/1BA units plus a spacious 3BR/2BA penthouse.,M I A M I R E_ Parcel Number M L X:0039,M I A M I R E_ Street View Param:1$24.857009$-80.728783$296.05$13.33$1.00$15fpoCLjggMK5mmMKHK_NQ,Contract Status Change Date:2025-09-23,Internet Address Display Y N:1,Number Of Units In Community:2,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Agent Alternate Phone:786-667-4835,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:74560 Overseas Hwy,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:658.71,