75131 Overseas Highway, Upper Sugarloaf Key, FL 33036 - Photo 1

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$6,495,000

For Sale
Active
Single Family
3 Beds
3 Full Baths
1,500 Sq. Ft.
Updated 6 hours ago

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Property Description

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 property Note: One of the owners is a State of Florida Real Estate Licensee

Full Property Details

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: 5/13/2026
Added to Site: 830 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

Structural Information

Construction: Concrete
Square Feet: 1,500
Sq. Ft. Source: Property Data Card
Year Built: 1957

Unit Information

Units in Building: 3

Lot Features

Property View: Ocean
Lot Size (Acres): 1.1
Lot Size (Sq. Ft.): 48,000
Lot Size Source: Tax Records
Lot Dimensions: 300' wide x 160' deep
Zoning: R1 - Residential Single Family

Water Features

Water Front: Yes
Water Front Desc.: Oceanfront

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

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Schools

Schools serving 75131 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	14.2 mi
Key West High School 2100 Flagler Avenue, Key West, FL 33040	9-12	69.8 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 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

Tax History for 75131 Overseas Hwy

Year

Property Taxes

Change

Tax Assessment

Change

2025

$16,320

8%

$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.

Estimate the Cost

Estimate the Cost for 75131 Overseas Hwy

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Vacant Land
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Updated 2 days ago

0.16
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Price Reduced

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75131 Overseas Highway, Upper Sugarloaf Key, 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 03, 2024. Want to learn more about 75131 Overseas Highway? Do you have questions about finding other Single Family real estate for sale in Upper Sugarloaf Key? You can browse all Upper Sugarloaf Key real estate or contact a Coldwell Banker agent to request more information.

75131 Overseas Hwy Upper Sugarloaf Key, FL 33036