75700 Overseas Highway, Lower Matecumbe, FL 33036 (MLS# 603642)

75700 Overseas Highway, Lower Matecumbe, FL 33036

$3,200,000

Virtual Tour

https://view.paradym.com/idx/4779142

Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 805 Lot Size (sq. ft.): 63,598 Status: Closed

Current Price: $3,200,000 List Date: 1/05/2023 Last Modified: 9/03/2024

Description

A once-in-a-lifetime opportunity to acquire one of the most unique properties in the Florida Keys! The parcel is approximately 1.46 Acres! Plus approximately 15,000 square feet of Deeded Bay Bottom! Owning the bay bottom makes it much easier to build additional docks. Situated along deep water with your very own protected boat basin that can hold multiple boats. Zoned Multi- Family this estate includes 2 Market Rate Building Rights, which is allowed for WEEKLY rental. Enjoy endless opportunities with this rare Gulf Front Estate. Lines in the aerials are approximate. Currently on the property there are 3 Units being rented. One - 2 Bedroom House and Two - 1 Bedroom Units. Ready for Offers.

More Information MLS# 603642

Contract Information

Listing Board: Marathon/Lower Keys Current Price: $3,200,000 Listing Date: 2023-01-05 Sold Price: $3,200,000

Location, Tax & Legal

City: ISLAMORADA Mile Marker: 75 Marathon Neighborhood: N/A Side: Bay/Gulf Flood Zone: AE VE Alternate Key #: 1487252 Parcel #: 00394840-000000 Zoning: MF - Multi-Family Attached Deed Restrictions: Unknown Legal: BK 1 LT 6 AND ADJ BAY BTM MAT OCEAN-BAY SEC-1 AMENDED & EXTENDED LOWER MATECUMBE KEY Taxes: 27131.6 Tax Year: 2022 Pub Sewer HkUp: Yes Street #: 75700 Street Name: Overseas Street Suffix: Highway Key/Island: Lower Matecumbe State/Province: FL Zip Code: 33036 County: Monroe Subdivision: Mat Ocean Bay (75.0) Area: 22 - Lower Matecumbe

General Property Description

Realtor.COM Type: Residential - Single Family Waterfront: Yes Control Depth: 5 Lot SqFt: 63598 Pool: No Total Units: 3 Acres: 1.46 SqFt Source: Property Data Card Rentals Allowed: Yes Min Rental Days: 7 Style: Single Family Year Built: 1954 Living Apx SqFt: 805 Total Bedrooms: 4 Full Baths: 3 Half Baths: 1 Total Baths: 4

Remarks & Misc

Remarks – Consumer: A once-in-a-lifetime opportunity to acquire one of the most unique properties in the Florida Keys! The parcel is approximately 1.46 Acres! Plus approximately 15,000 square feet of Deeded Bay Bottom! Owning the bay bottom makes it much easier to build additional docks. Situated along deep water with your very own protected boat basin that can hold multiple boats. Zoned Multi- Family this estate includes 2 Market Rate Building Rights, which is allowed for WEEKLY rental. Enjoy endless opportunities with this rare Gulf Front Estate. Lines in the aerials are approximate. Currently on the property there are 3 Units being rented. One - 2 Bedroom House and Two - 1 Bedroom Units. Ready for Offers. Directions: U.S. 1 to Mile Marker 75, Gulf Side.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No Association Fee $: 0

Fee Includes

None: 1

Dockage

Dock: Other Basin: 1

Tax Exemptions

None: 1

Pets

Pets Allowed: 1

Waterfront

Bay Front: 1 Oceanfront: 1 Open Water: 1

Waterview

Bay/Gulf View: 1 Ocean View: 1 Open Water View: 1

Building Style

Above Flood: Unknown Ground Level: 1

Construction

CBS: 1

Land Size

1 Less Than 2 Acres: 1

Utilities

FKAA: 1 Municipal Sewer: 1

Status Change Info

Sold Date: 2023-03-28 Sold Price: $3,200,000 Status: Closed

Property Features

Fee Includes: None Tax Exemptions: None Waterfront: Bay Front; Oceanfront; Open Water Waterview: Bay/Gulf View; Ocean View; Open Water View Dockage: Basin Building Style: Ground Level Utilities: FKAA; Municipal Sewer Construction: CBS Pets: Pets Allowed Land Size: 1 Less Than 2 Acres

Listing Office: Coldwell Banker Schmitt Real Estate Co.

Last Updated: September - 03 - 2024

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.