Waterfront
Address
77340 Overseas Highway, Lower Matecumbe, FL
Price
$ 3,999,999
Property Attributes
  • MLS#619064
  • TypeSingle Family
  • Listing Status Active
  • CountyMONROE
  • CityLower Matecumbe
  • AreaLower Matecumbe
  • NeighborhoodMatecumbe Ocean Bay
  • Zip33036
  • StyleSingle Family
  • Year Built1963
  • Taxes$ 17789
  • Price$ 3,999,999
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage928
  • Lot Size0.79 Acres
Data Source:
Florida Keys MLS (FLKMLS)
Property Description

Estate Opportunity Spanning 34,409 SF, this exceptional parcel offers a scale uncommon in Islamorada, providing the foundation for a spectacular Florida Keys residential estate.The exceptional lot size allows a discerning buyer to imagine the best. The site easily accommodates the vision of an estate property with pool, tennis or pickleball court, expansive outdoor living, caretaker's cottage, and generous waterfront dockage--all while maintaining privacy rarely achieved in the Keys.Positioned on a deep basin, the property provides protected dockage while being only seconds from Florida Bay and minutes under the bridge to the Atlantic Ocean, placing world-class backcountry and offshore fishing within immediate reach.An existing legal nonconforming home with a waterfront swimming pool currently sits on the property and may be used as a residence or rental while architectural plans and permits are finalized, offering flexibility during the planning process.For buyers who understand the value of land in the Florida Keys, this offering represents something increasingly difficult to find: the opportunity to create a custom waterfront estate tailored entirely to your vision, rather than inheriting someone else's.A remarkable parcel for a remarkable build.

Price History
3/13/2026 Listed $3,999,999

General Features

Living Area 928.00
Construction CBS
Utilities FKAA,Elect Separate Meter,Buyer to Verify,Municipal Sewer
Appliances Dryer,Microwave,Oven,Refrigerator,Dishwasher
Flood Zone AE,AE,AE
Zoning RE - Residential Estate
HOA Fee 0.00
Pets Allowed Y/N Pets Allowed
Status Active
Full Baths 2
Year Built 1963
Subdivision Matecumbe Ocean Bay (75.0)
Style Single Family
View Canal View
Property Type A
Fee Includes Other
Acres 0.79
Lot Sqft 34409.00
Rental Allowed With Restrictions
Building Style: Above Flood No
Building Style: Stories 2 Stories
Control Depth 5
Dockage: Seawall Other
Virtual Tour https://tours.keyspropertyvisuals.com/vtnb/362195

Interior Features

Total Units 1.00
Furnished Y/N Negotiable
Specialty Rooms Laundry Room

Exterior Features

Pool Yes
Waterfront Open Water
Lot Size X
Land Size 1/2 - Less Than 1 AC
Pool Info In Ground,Decked
Porch/Balcony Open Porch/Balcony
Public Sewer Hookup Yes
Side Bay/Gulf
Species List Yes
Vehicle Storage Open Parking
Off Shore Island No

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
AVG $6.47M
$4M
Taxes
AVG $23,974
$17,789
Year Built
AVG 1995
1963
Visits
AVG 82
102
Data Provided by Inside Real Estate®

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