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  • 86560 Overseas Highway, Upper Matecumbe Key Islamorada, FL 33070 (MLS# 611348)

86560 Overseas Highway, Upper Matecumbe Key Islamorada, FL 33070

$4,499,000
Property Type: Commercial Sale Bedrooms: 2 Square Footage: 1,080 Lot Size (sq. ft.): 135,907 Status: Pending
Current Price: $4,499,000 List Date: 9/05/2024 Last Modified: 5/27/2026

Description

This exceptional property features 3 acres of pristine industrial upland, complemented by an additional 9 acres of bayfront land. The bayfront area includes plans for a 100' dock and two 30,000 lb boat lifts, which can be negotiated. The property boasts 150 feet of US1 frontage and is conveniently located north of the weigh station. The Village of Islamorada officially recognizes 1,972 square feet of non-residential floor area, one market-rate dwelling unit, and two affordable housing units on the property. The current zoning code permits the construction of over 30,000 square feet, based on 3.12 acres or 10,000 square feet per acre. Presently, there are four structures on the property. The seller is open to subdividing the land to meet the buyer's needs. This is one of the few properties left in Monroe County with a wide range of potential uses, including residential. Seller financing is available for qualified buyers.

More Information MLS# 611348

Contract Information

Listing Board: Florida Keys Limited Representation: No As is Rght to Inspct: Yes Potential Short Sale: No Bank Owned: No For Sale/Lease: For Sale Current Price: $4,499,000 Listing Date: 2024-09-05 List Price: $4,499,000

Location, Tax & Legal

City: ISLAMORADA Off Shore Island: No Mile Marker: 82 Marathon Neighborhood: N/A Side: Bay/Gulf Flood Zone: AE,AE Alternate Key #: 1106151 Parcel #: 00092070-000000 Zoning: I - Industrial District Legal: 13 63 37 PLANTATION KEY OR LONG ISLAND PT SW1/4 OF SE1/4 OR17-420/21 OR1188-1550/52PR OR1663-24477D/C OR1742-965/66/PET Taxes: 10780.12 Tax Year: 2023 Street #: 86560 Street Name: Overseas Street Suffix: Highway Key/Island: Upper Matecumbe Key Islamorada State/Province: FL Zip Code: 33070 Subdivision: Misc Upper Matacumbe (82.0) County: Monroe Area: 23 - Upper Matecumbe

General Property Description

Realtor.COM Type: Commercial Waterfront: No Control Depth: 0 Lot Size: 3 Acres Lot SqFt: 135907 Total Units: 0 SqFt Source: Tax Records Building SqFt: 1080 Style: Industrial Living Apx SqFt: 1080 Year Built: 1928 Total Bedrooms: 2

Remarks & Misc

Remarks – Consumer: This exceptional property features 3 acres of pristine industrial upland, complemented by an additional 9 acres of bayfront land. The bayfront area includes plans for a 100' dock and two 30,000 lb boat lifts, which can be negotiated. The property boasts 150 feet of US1 frontage and is conveniently located north of the weigh station. The Village of Islamorada officially recognizes 1,972 square feet of non-residential floor area, one market-rate dwelling unit, and two affordable housing units on the property. The current zoning code permits the construction of over 30,000 square feet, based on 3.12 acres or 10,000 square feet per acre. Presently, there are four structures on the property. The seller is open to subdividing the land to meet the buyer's needs. This is one of the few properties left in Monroe County with a wide range of potential uses, including residential. Seller financing is available for qualified buyers.

Deed Restrictions

Unknown: 1

Association Info

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

Type

Boat Sales/Service: 1 Hotel/Motel: 1 Light Manufacturing: 1 Professional Service: 1 Wholesale Mfg/Wrhse: 1

Fee Includes

None: 1

Dockage

None: 1

Appliances

No Appliances: 1

Waterfront

None: 1

Waterview

No Waterview: 1

Windows/Doors

Other Windows/Doors: 1

Construction

Combo Construction: 1 Frame: 1 Manufactured: 1 Stucco: 1

Land Size

2 Less Than 5 Acres: 1

Terms

Seller Finance Psble: 1

Utilities

FKAA: 1 Separate Meters: 1

Property Rights

Other/See Remarks: 1

Miscellaneous

High Traffc Location: 1 High Visibility: 1 Highway Frontage: 1 Storage: 1

Financial Status

Bank Owned: No Potential Short Sale: No

Status Change Info

Under Contract Date: 2025-08-13 Status: Pending

Property Features

Deed Restrictions: Unknown Type: Boat Sales/Service; Hotel/Motel; Light Manufacturing; Professional Service; Wholesale Mfg/Wrhse Waterfront: None Waterview: No Waterview Dockage: None Utilities: FKAA; Separate Meters Appliances: No Appliances Miscellaneous: High Traffc Location; High Visibility; Highway Frontage; Storage Construction: Combo Construction; Frame; Manufactured; Stucco Land Size: 2 Less Than 5 Acres Fee Includes: None Terms: Seller Finance Psble Property Rights: Other/See Remarks
Listing Office: Real Estate Sales Force, Inc.
Last Updated: May - 27 - 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.

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