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$2,499,000
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Property Description
Rare Waterfront Development Opportunity!!!A truly exceptional opportunity awaits with this waterfront lot just under one acre, ideally located in Islamorada, Florida. Zoned Village Center, this versatile designation allows for a wide range of development possibilities including commercial, residential, or mixed-use making it perfect for investors, developers, or owner-users seeking a premier location with maximum flexibility.With land availability becoming increasingly scarce and demand for new development this property stands out as a rare find. The lot is fully fenced and positioned among long standing, highly successful businesses and popular restaurants, offering outstanding visibility, built-in traffic, and a proven commercial environment.Enjoy the added value of direct water frontage an increasingly rare and desirable feature that elevates both lifestyle appeal and long-term investment potential. Whether you envision a boutique waterfront concept, residential development, or mixed-use project, this prime parcel offers limitless potential in a thriving area.Opportunities like this are few and far between secure your stake in one of Islamorada most desirable waterfront development locations today.
Full Property Details
Full Property Details for 90291 Old Hwy
General
- Price: $2,499,000
- Taxes: $1,835 (2024)
- Status: Active
- Type: Lots/Land
- Source: 927
- MLS ID: 617602
- Updated: 12/5/2025
- Added to Site: 122 day(s) ago
Location
- Area: 25 - Plantation Key
- County: Monroe
- Subdivision: Tropical Atlantic Shores 1st Addn (90.0)
- Driving Directions: MM90 Oceanside, just south of Old Tavernier.
- Total Lots Available: 2
Utilities
- Water: Canal View
- Utility Description: Electric on Site
Lot Features
- Lot Size (Sq. Ft.): 37,280
- Lot Size Range: 1/2 - Less Than 1 AC, More than 1 Lot
- Fence: Yes
- Permitted Use: Multi-Use/Commercial
- Zoning: VC - Village Center
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Type: Canal Front
- Dock Description: Other Dockage
Financial Considerations
- Tax Amount: $1,835
- Tax Year: 2024
- Terms: Buyer Obtain Finance
Disclosures and Reports
- Building Permit: Yes
- Permits: Applied For Permit
- Legal Description: BK 6 LT 26 REVISED PLAT OF TROPICAL ATLANTIC SHORES FIRST ADD PLANTATION KEY PB5-83 OR840-1574 OR1107-679 OR1116-763 OR1
- Exclusions: Homestead
- Flood Zone: AE
- Surveyed: Yes
- APN: 00436960-000000
Listed by LoKation Real Estate, Kimberly Gray, P.A. (305) 393-7726
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Schools
Schools serving 90291 Old 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 | 0.6 mi |
Key West High School 2100 Flagler Avenue, Key West, FL 33040 | 9-12 | 83.7 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 90291 Old Hwy
Date
Details
Price
Change
Source
12/05/2025
Listed
$2,499,000
294.79%
MLS
9/14/2025
Sold
$633,000
—
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 90291 Old Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,835
—
$321,060
11%
2024
$1,835
3%
$289,652
—
2023
$1,780
4%
$289,652
—
2022
$1,717
-2%
$289,652
—
2021
$1,748
71%
$289,652
179%
2019
$1,025
25%
$103,972
47%
2018
$819
33%
$70,598
10%
2017
$618
57%
$64,180
67%
2016
$394
2%
$38,508
—
2015
$386
-1%
$38,508
—
2014
$391
2%
$38,508
3%
2013
$384
—
$37,387
—
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 90291 Old Hwy
90291 Old Highway, Tavernier, FL 33070 (MLS# 617602) is a Lots/Land property with a lot size of acres. 90291 Old Highway is currently listed for $2,499,000 and was received on December 05, 2025. Want to learn more about 90291 Old Highway? Do you have questions about finding other Lots/Land real estate for sale in Tavernier? You can browse all Tavernier real estate or contact a Coldwell Banker agent to request more information.

