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$3,399,000 -$501,000 (-12.85%) Price Reduced
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Property 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.
Full Property Details
Full Property Details for 74560 Overseas Hwy
General
- Price: $3,399,000
- Taxes: $20,434 (2025)
- Status: Active
- Type: Retail
- Source: Regional
- MLS ID: R11164709
- Updated: 6/2/2026
- Added to Site: 105 day(s) ago
Business
- Business Type: Commercial, Recreation, Retail
Interior
- Flooring: Concrete, Ceramic Tile
Additional Information
- Security/Safety: Fire Alarm, Smoke Detector(s)
Location
- County: Monroe
Community
- Community Name: 5940 - Other Florida County
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Individual
Utilities
- Cable Available: Yes
- Utility Description: Cable Available
Structural Information
- Structure Type: Office
- Roof: Built-Up, Other
- Stories/Levels: 3
- Building Size: 6071
- Year Built: 1983
Lot Features
- Lot Size (Acres): 12
- Zoning: CFA
Financial Considerations
- Tax Amount: $20,434.9
- Tax Year: 2025
- Terms: Conventional
Disclosures and Reports
- Documents Avail.: Lease, Survey
- Legal Description: MATECUMBE SANDY BEACH PB3-127 LOWER MATECUMBE KEY PT TRACT 5 (AKA PARCEL #5)
- Property ID: 394480000105
Listed by Coldwell Banker Schmitt RE Co
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Schools
Schools serving 74560 Overseas Hwy
School District:Monroe County School District, Middle Torch Key, FL
| Name | Grades | Distance |
|---|---|---|
Plantation Key School 100 Lake Road, Tavernier, FL 33070 | PK-8 | 14.9 mi |
Coral Shores High School 89901 Old Highway, Tavernier, FL 33070 | 9-12 | 15.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 74560 Overseas Hwy
Date
Details
Price
Change
Source
6/02/2026
Price Reduced
$3,399,000
-12.85%
MLS
3/24/2026
Price Reduced
$3,900,000
-4.88%
MLS
2/18/2026
Listed
$4,100,000
67.35%
MLS
3/04/2019
Sold
$2,450,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 74560 Overseas Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2024
$18,004
—
$2,327,099
21%
2024
$18,004
-1%
$1,923,746
1%
2023
$18,215
-6%
$1,903,034
-1%
2021
$19,390
6%
$1,917,987
1%
2022
$18,344
-5%
$1,898,059
-1%
2021
$19,390
62%
$1,919,046
89%
2019
$11,976
20%
$1,013,831
10%
2018
$9,995
19%
$921,665
19%
2017
$8,402
-19%
$775,451
-16%
2016
$10,430
-1%
$928,131
-3%
2015
$10,531
1%
$956,637
3%
2014
$10,440
5%
$925,843
10%
2013
$9,978
—
$841,676
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 74560 Overseas Hwy
74560 Overseas Highway, Islamorada, FL 33036 (MLS# R11164709) is a Retail property. 74560 Overseas Highway is currently listed for $3,399,000 and was received on February 18, 2026. Want to learn more about 74560 Overseas Highway? Do you have questions about finding other Retail real estate for sale in Islamorada? You can browse all Islamorada real estate or contact a Coldwell Banker agent to request more information.

