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$6,495,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 3 Full Baths
  • 1,500 Sq. Ft.
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Beautiful 200' of oceanfront property on Lower Matecumbe Key. This offering consists of one 100' lot, vacant with TDR & contiguously, a 100' lot with a triplex apartment building (3 TDRs),.This gives you endless possibilities for redevelopment of the property. The vacant lot has an additional 200' of bay bottom. Fantastic 180 ocean views make for gorgeous sunrises on the naturally sandy beaches. View Alligator Lighthouse, watch dolphins, manatees, and birds feeding on fish right in front of you. At night, beautiful full moon risings, cruise ships with their lights passing, and plenty of stars. Launch kayaks from the beach to do a little tarpon fishing and bonefish are making a comeback so you can wade with your fly rod for a thrill. Also snorkel for lobster in season in all the little crevices and holes off shore of the property.Recap: 200' of oceanfront made up of 1 vacant lot with TDR, 1 lot with 3 apartments, bay bottom on the vacant lot, for a total of 4 TDRs on the propertyNote: One of the owners is a State of Florida Real Estate Licensee

Full Property Details for 75131 Overseas Hwy

General

  • Price: $6,495,000
  • Taxes: $27,699 (2023)
  • Status: Active
  • Type: Single Family
  • Source: 927
  • MLS ID: 608546
  • Updated: 7/25/2025
  • Added to Site: 713 day(s) ago

Interior

  • Appliances: No Appliances

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 3

Location

  • Area: 22 - Lower Matecumbe
  • County: Monroe
  • Subdivision: Mat Ocean Beach (75.0)
  • Driving Directions: On Overseas Highway oceanside near MM 75

Community

  • Assoc. Fees Include: None
  • Pets Allowed: Yes

Utilities

  • Water: Ocean View
  • Utility Description: FKAA, Municipal Sewer

Structural Information

  • Architectural Style: Single Family
  • Construction: Concrete
  • Square Feet: 1,500
  • Sq. Ft. Source: Property Data Card
  • Year Built: 1957

Lot Features

  • Lot Size (Sq. Ft.): 48,000
  • Lot Dimensions: 300' wide x 160' deep
  • Zoning: R1 - Residential Single Family

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Type: Oceanfront
  • Dock Description: None

Financial Considerations

  • Tax Amount: $27,699
  • Tax Year: 2023

Disclosures and Reports

  • Legal Description: Lots 67 & 66 plus bay bottom adjacent to Lot 66 of Matecube Ocean Beach Section A Lower Matecumbe PB2-39
  • Flood Zone: AE elev YesYes
  • APN: 00398880-000000

Listed by Century 21 Circle- Islamorada, Randy Selden (305) 481-6732 and Century 21 Circle- Islamorada, Barbara Edgar (305) 393-0940

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Listing agents

— 75131 Overseas Hwy —

  • Randy Selden

    Century 21 Circle- Islamorada

  • Barbara Edgar

    Century 21 Circle- Islamorada

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 75131 Overseas Hwy

School District:Monroe County School District, Middle Torch Key, FL
NameGradesDistance
Plantation Key School
100 Lake Road, Tavernier, FL 33070
PK-814.2 mi
Key West High School
2100 Flagler Avenue, Key West, FL 33040
9-1269.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 75131 Overseas Hwy Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/25/2025
Price Reduced
$6,495,000
-7.15%
MLS
2/05/2024
Listed
$6,995,000
—
MLS
Get Price Alerts and Save Property
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 for 75131 Overseas Hwy

Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,071
—
$1,791,756
8%
2024
$15,071
-6%
$1,666,576
-23%
2023
$16,093
38%
$2,162,526
138%
2021
$11,673
-12%
$909,245
-33%
2022
$13,248
13%
$1,354,047
48%
2021
$11,673
12%
$912,303
20%
2019
$10,402
4%
$758,175
3%
2018
$10,047
-10%
$733,802
-17%
2017
$11,210
3%
$880,568
11%
2016
$10,896
7%
$793,251
8%
2015
$10,147
1%
$735,257
1%
2014
$10,096
5%
$729,345
8%
2013
$9,624
—
$673,945
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Century 21 Circle- Islamorada, Randy Selden (305) 481-6732 and Century 21 Circle- Islamorada, Barbara Edgar (305) 393-0940

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75131 Overseas Highway, Islamorada, FL 33036 (MLS# 608546) is a Single Family property with 3 bedrooms and 3 full bathrooms. 75131 Overseas Highway is currently listed for $6,495,000 and was received on February 05, 2024. Want to learn more about 75131 Overseas Highway? Do you have questions about finding other Single Family real estate for sale in Islamorada? You can browse all Islamorada real estate or contact a Coldwell Banker agent to request more information.

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