Unimproved Land in 74900 Overseas Highway, Islamorada, FL 33036 for sale with MLS# A12046316

A truly once in a generation opportunity to build your dream estate in the heart of Islamorada's coveted Lower Matecumbe. This exceptional vacant homesite is one of the few remaining parcels of its size available in all of Islamorada, offering an incredibly rare combination of breathtaking ocean views and expansive wide canal views. Encompassing over 32,000 square feet, this extraordinary property provides the perfect canvas for a custom waterfront residence designed to capture spectacular sunrises, refreshing ocean breezes, and the unmatched beauty of the Florida Keys. Its unique setting offers the best of both worlds--open water vistas in the front and a wide canal in the rear, creating an unparalleled lifestyle for boating enthusiasts and those seeking privacy, space, and unforgettable scenery. Opportunities to acquire a property of this caliber have become increasingly scarce in Islamorada, where large vacant parcels are exceptionally limited. Whether you're envisioning a private family compound or a legacy waterfront estate, this one-of-a-kind offering represents a chance to create something truly extraordinary in one of the Florida Keys' most desirable destinations.

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74900 Overseas Highway, Islamorada, FL 33036

Price
Price:
$3,900,000.00
Original List Price:
$4,900,000.00
List Price per Sq Ft (Calculated, Approx.):
$120.98
List Price per Sq Ft (Calculated, Approx.):
$120.18
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Land & Docks
Property Type:
Unimproved Land
Description of Last Important Update:
Price Reduced
Last Major Update on:
July 28, 2026 8:28 pm
Measures
Lot Area:
32,450 Sqft
Lot Size Dimensions and Info:
32450
Lot Features:
Build To Suit
Lot Size Acres:
0.74
Number of Lots:
1
Property Features
Waterfront:
Yes
Waterfront Features:
Ocean Front, Canal Front, Other, Creek
Frontage Length:
100
Current Use:
Other, Single Family, Unimproved, Residential
Vegetation and Trees:
Other
Property Entrance Faces:
East
Construction
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$7,204.00
Tax Year:
2024
Community
Subdivision Name:
MATECUMBE SANDY BEACH
Senior Community:
No
Development Status:
Raw Land
Terms
Listing Terms Considered by Seller:
Cash
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
BK 2 LT 6 MATECUMBE SANDY BEACH LOWER MATCMBE KEY PB3-127 OR496-41 OR793-1527 OR794-1461 OR831-652 OR2172-2043 OR2569-53/55 OR2721-685/86
Real Estate Folio Number (Parcel Number):
00393970000000
Zoning:
is
Public Schools Assigned
Elementary School:
Morrow
High School:
Coral Shores
Middle Or Junior School:
Plantation Key
Listing History
Active on the market since:
July 1, 2026
Listing Agreement executed on:
July 1, 2026
Price change occurred on:
July 28, 2026 8:28 pm
Listing Status Last Changed On:
July 1, 2026 4:00 am
Photos updated on:
July 28, 2026 7:33 pm
Last Modified:
July 28, 2026 7:35 pm
Additional Information
Courtesy of:
Pine River Realty, LLC.
Attribution:
Not provided
Location
Street Name:
Overseas
Street Number:
74900
City:
Islamorada
State:
Florida
Zip Code:
33036
County:
Monroe
Latitude:
N24° 51' 36''
Longitude:
W81° 16' 35.3''
Street Suffix:
Highway
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $88,214
Median Home Value $995,600
Median Rent $1,846/mo
Median Age 56
Population 3,632
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.