• Home
  • 82925 Overseas Highway, Upper Matecumbe Key Islamorada, FL 33036 (MLS# 617940)

82925 Overseas Highway, Upper Matecumbe Key Islamorada, FL 33036

$3,300,000
Property Type: Commercial Sale Bedrooms: 8 Baths: 8 Lot Size (sq. ft.): 1,500 Status: Active
Current Price: $3,300,000 List Date: 1/05/2026 Last Modified: 1/06/2026

Description

Two contiguous commercial parcels present a compelling development opportunity at the primary entry point to Islamorada. Currently operating as a historic mobile home park, the Village of Islamorada has determined the property is entitled to eight market-rate development rights, offering flexibility to continue operations as-is or pursue redevelopment with new residential dwellings. This highly visible location marks the arrival into Islamorada and provides immediate access to the area's renowned fishing, diving, dining, and retail amenities. A rare opportunity to invest in a well-positioned asset within the charmed Islamorada real estate market.

More Information MLS# 617940

Contract Information

Listing Board: Florida Keys Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No Species List: No Current Price: $3,300,000 Listing Date: 2025-12-15 List Price: $3,300,000

Location, Tax & Legal

City: ISLAMORADA Off Shore Island: No Mile Marker: 82.5 Marathon Neighborhood: N/A Side: Ocean Flood Zone: .2 PCT ANNUAL CHANC Alternate Key #: 00403630-000000 Add'l Parcel #1: 82929 Overseas hwy Parcel #: 00403630-000000 Zoning: VC - Village Center Legal: BK 1 LT 13 OCEAN VIEW PB1-193 UPPER MATECUMBE Taxes: 3988 Tax Year: 2025 Street #: 82925 Street Name: Overseas Street Suffix: Highway Key/Island: Upper Matecumbe Key Islamorada State/Province: FL Zip Code: 33036 Subdivision: Ocean View (82.5) County: Monroe Area: 23 - Upper Matecumbe

General Property Description

Realtor.COM Type: Multi-Family Waterfront: No Control Depth: 0 Lot Size: 1500 Lot SqFt: 1500 SqFt Source: Tax Records Style: Residential Income Year Built: 1975 Total Bedrooms: 8 Full Baths: 8 Total Baths: 8

Remarks & Misc

Remarks – Consumer: Two contiguous commercial parcels present a compelling development opportunity at the primary entry point to Islamorada. Currently operating as a historic mobile home park, the Village of Islamorada has determined the property is entitled to eight market-rate development rights, offering flexibility to continue operations as-is or pursue redevelopment with new residential dwellings. This highly visible location marks the arrival into Islamorada and provides immediate access to the area's renowned fishing, diving, dining, and retail amenities. A rare opportunity to invest in a well-positioned asset within the charmed Islamorada real estate market.

Association Info

Mandatory Home Owners Asc: No 1st Right of Refusal: No

Type

Other Services: 1

Fee Includes

Other: 1

Dockage

None: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Vehicle Storage

Common Parking: 1

Construction

Manufactured: 1

Land Size

1/4 - 1/2 Acre: 1

Utilities

FKAA: 1

Property Rights

Transfer Bldg Rights: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Status: Active

Property Features

Type: Other Services Waterfront: None Waterview: No Waterview Dockage: None Vehicle Storage: Common Parking Utilities: FKAA Construction: Manufactured Land Size: 1/4 - 1/2 Acre Fee Includes: Other Property Rights: Transfer Bldg Rights
Listing Office: Coldwell Banker Schmitt Islamorada
Last Updated: January - 06 - 2026
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.

Let’s Connect

      Sign Up for Listing Alerts