Price Reduction - Waterfront
Address
75131 Overseas Highway, Lower Matecumbe, FL
Price
$ 5,999,000
Property Attributes
- MLS#608546
- TypeSingle Family
- Listing Status Active
- CountyMONROE
- CityLower Matecumbe
- AreaLower Matecumbe
- NeighborhoodMat Ocean Beach
- Zip33036
- StyleGround Level
- Year Built1957
- Taxes$ 27699
- Price$ 5,999,000
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage1500
- Lot Size0.83 Acres
Data Source:
Florida Keys MLS (FLKMLS)
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 propertyNote: One of the owners is a State of Florida Real Estate Licensee
| Price History | |
|---|---|
| 2/5/2024 | Listed $6,995,000 |
| 7/25/2025 | 8$6,495,000 |
| 8/16/2026 | 8$5,999,000 |
General Features
| Living Area | 1500.00 |
|---|---|
| Construction | Concrete |
| Utilities | FKAA,Municipal Sewer |
| Appliances | No Appliances |
| Flood Zone | AE elev 11 |
| Zoning | R1 - Residential Single Family |
| HOA Fee | 0.00 |
| Pets Allowed Y/N | Pets Allowed |
| Status | Active |
| Full Baths | 3 |
| Year Built | 1957 |
| Subdivision | Mat Ocean Beach (75.0) |
| Style | Single Family |
| View | Ocean View |
| Property Type | A |
| Contingent | None |
| Fee Includes | None |
| Acres | 0.83 |
| Lot Sqft | 36250.00 |
| Rental Allowed | With Restrictions |
| Building Style: Above Flood | No |
| Control Depth | 2 |
| Dockage | None |
Interior Features
| Total Units | 3.00 |
|---|
Exterior Features
| Pool | No |
|---|---|
| Waterfront | Oceanfront |
| Building Style | Ground Level |
| Land Size | More than 1 Lot |
| Public Sewer Hookup | Yes |
| Side | Ocean |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33036
Price
Taxes
Year Built
Visits
Information is deemed to be reliable, but is not guaranteed. © 2026 MLS and FBS. Prepared by Florida Keys MLS, Inc. on September 11, 2026 5:11 PM UTC The information on this sheet has been made available by the MLS and may not be the listing of the provider. 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
