Property 74560 Overseas Highway, Islamorada, FL 33036 for sale with MLS# R11164709

74560 Overseas Highway is a dynamic waterfront commercial asset with multiple revenue paths and significant redevelopment potential. Situated on a 15,000 SF parcel with generous on-site parking and 100 feet of seawall capable of accommodating up to 8 slips, the property delivers premier highway exposure and immediate Florida Bay and Atlantic Ocean access. Zoning supports four affordable housing units, one market-rate residence and 5,640 SF of commercial space, creating a layered income strategy that blends residential density with marine-oriented business activity. Commercial fishing zoning allows for uses such as a restaurant, seafood market, marine outfitter, charter or fishing headquarters, or other enterprises aligned with the working waterfront.

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74560 Overseas Highway, Islamorada, FL 33036

Price
Price:
$3,300,000.00
Original List Price:
$4,100,000.00
List Price per Sq Ft (Calculated, Approx.):
$675.34
Property Status and Type
Listing Type:
For Sale
Status:
Active
Business Type:
Retail, Commercial, Recreation
Listing Category:
Commercial Sale
Property Type:
Multi Family
Description of Last Important Update:
Price Reduced
Last Major Update on:
July 31, 2026 7:54 pm
Rooms Distribution
Bathrooms Total:
3
Measures
Built-Up Area:
6,071 Sqft
Building Area Source:
Public Records
Lot Size Acres:
12
Property Features
Security:
Smoke Detector(s), Fire Alarm
Air Conditioning
Air Conditioning System:
Central Individual
Heating
Heating System:
Central Individual
Construction
Year Built:
1983
Roof:
Other, Built-up
Number of Units Total:
1
Flooring:
Ceramic Tile, Concrete
Structure Type:
Office
Stories:
3
Taxes and Expenses
Tax Annual Amount:
$20,434.9
Tax Year:
2025
Utilities
Electric:
Three Phase
Utilities Available:
Cable Available
Community
Senior Community:
No
Terms
Documents Available:
Existing Survey, Copy Of Lease(s), Owner Managed
Listing Terms Considered by Seller:
Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
MATECUMBE SANDY BEACH PB3-127 LOWER MATECUMBE KEY PT TRACT 5 (AKA PARCEL #5)
Real Estate Folio Number (Parcel Number):
00394480000105
Zoning:
CFA
Listing History
Active on the market since:
February 18, 2026
Listing Agreement executed on:
February 17, 2026
Price change occurred on:
July 31, 2026 7:54 pm
Listing Status Last Changed On:
February 18, 2026 5:59 pm
Photos updated on:
February 18, 2026 6:06 pm
Last Modified:
July 31, 2026 7:55 pm
Additional Information
Courtesy of:
Coldwell Banker Schmitt RE Co
Attribution:
Not provided
Location
Street Name:
Overseas
Street Number:
74560
City:
Islamorada
State:
Florida
Zip Code:
33036
County:
Monroe
Latitude:
N24° 51' 25.2''
Longitude:
W81° 16' 16.3''
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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This listing can also be located in the MLS system as RX-11164709
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed by the MLS or the real estate broker. ©2026 BeachesMLS, Inc. 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. 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.