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Listing Details

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School Ratings & Info

Description

Rare opportunity for the savvy investor. The potential is limited only by the imagination. This prime location just off US 1 with open water ocean views is zoned NC (Neighborhood Commercial.) Also listed as a Multi-Family dwelling.Originally permitted by Monroe County as a 3 unit apartment building, today it has a 2 bedroom 1 bath unit upstairs with a good monthly rental history. A 7 day vacation license from Islamorada is possible. Downstairs has an office with an ocean view with a kitchen/dining room and a bedroom and half bath.The 6900 sq ft lot is fenced on both sides and the rear for privacy, an outdoor shower, washer and dryer and trailer storage while the front is open for parking and presently a rental business for kayaks and bicycles. The office with a view is occupied by a Mai D'cor a home design center. Zoning allows for a variety of other ventures in this perfectly located commercial property

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Brenda Donnelly Group | Berkshire Hathaway HomeServices are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.paradiseinthekeys.com/homes/119849750
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74450 Overseas Highway Lower Matecumbe, FL 33036

  • Price: $1,699,000
  • Status: Active
  • MLS #: 597095
3
Beds
2
Baths
1
½ Baths
0.16
Acres
1,980
SQFT
$858
$/SQFT
1967
Built
Neighborhood:
White Marlin Bch (74.5)
County:
Monroe
Area:
22 - Lower Matecumbe
Property Description
Rare opportunity for the savvy investor. The potential is limited only by the imagination. This prime location just off US 1 with open water ocean views is zoned NC (Neighborhood Commercial.) Also listed as a Multi-Family dwelling.Originally permitted by Monroe County as a 3 unit apartment building, today it has a 2 bedroom 1 bath unit upstairs with a good monthly rental history. A 7 day vacation license from Islamorada is possible. Downstairs has an office with an ocean view with a kitchen/dining room and a bedroom and half bath.The 6900 sq ft lot is fenced on both sides and the rear for privacy, an outdoor shower, washer and dryer and trailer storage while the front is open for parking and presently a rental business for kayaks and bicycles. The office with a view is occupied by a Mai D'cor a home design center. Zoning allows for a variety of other ventures in this perfectly located commercial property
Exterior Features

Above Flood Unknown Construction Cbs Dockage None Land Size Less Than 1/4 Acre Pool YN No Side Bay/Gulf Stories 2 Stories Style Single Family Waterfront None Waterfront YN No Waterview Ocean ViewOpen Water View

Interior Features

Appliances DryerFreezerMicrowaveOvenRangeRefrigeratorWasherWine Cooler

Property Features

Assoc Fee 100.00 Assoc Hoa YN No Assoc Right Of Refusal No City Islamorada Control Depth 0 Deed Restrictions Unknown Fee Includes Other Flood Zone AeAe 9 Listing Board Florida Keys Mile Marker 74.50 Off Shore Island No Pets Pets Allowed Public Sewer Hookup Yes Rentals Allowed With Restrictions Species List No Sq Ft Source Tax Records Tax Exemptions None Tax Year 2020 Taxes 6717.86 Utilities Buyer To VerifyFkaaMunicipal Sewer Zoning Nc - Neighborhood Commercial

Listing courtesy of Judy Rossignol of Realty One Group Engage The Keys.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Brenda Donnelly Group | Berkshire Hathaway HomeServices are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Brenda Donnelly Group | Berkshire Hathaway HomeServices
9141 Overseas Hwy
Marathon FL, 33050