$4,499,000

86560 Overseas Highway, Upper Matecumbe Key Islamorada FL, 33070

Price per sqft$4,165.74

Built in1928

Property size1,080 sqft

Property typeCommercial

Overview

Pending

Listed Sep 5, 2024

Updated Sep 1

This exceptional property features 3 acres of pristine industrial upland, complemented by an additional 9 acres of bayfront land. The bayfront area includes plans for a 100' dock and two 30,000 lb boat lifts, which can be negotiated. The property boasts 150 feet of US1 frontage and is conveniently located north of the weigh station. The Village of Islamorada officially recognizes 1,972 square feet of non-residential floor area, one market-rate dwelling unit, and two affordable housing units on the property. The current zoning code permits the construction of over 30,000 square feet, based on 3.12 acres or 10,000 square feet per acre. Presently, there are four structures on the property. The seller is open to subdividing the land to meet the buyer's needs. This is one of the few properties left in Monroe County with a wide range of potential uses, including residential. Seller financing is available for qualified buyers.

Additional information

MLS^® ID: 611348

Interior Features

Bedrooms: 2
Bathrooms: 0
Basement: No

Exterior Features

Lot Size: 3.12 Acres

Other Property Details

Taxes: $10,780
Tax Frequency: Annually
View: Yes

Listed by The Lazcos Team Publio Lazcos and David Lazcos with Real Estate Sales Force, Inc.
Listing Contact: 305-340-7318

The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 9/1/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 9/1/2026 at 1:43 AM UTC