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Listed price in listed location currency (USD).
$1,680,000

320

MLS® 620534

Overview

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $7,363
Days Active 11
Lot Size 0.16 Acres
Approx. Age 1967
MLS® Number 620534

Property Address: 74450 Overseas Hwy, Islamorada, FL, 33036-4200

Average square foot calculated using Size range provided by listing agent.

Description

NEW PHOTOS COMING SOON. Prime Islamorada Mixed-Use Investment | Ocean Views | Overseas Highway Frontage Exceptional mixed-use investment opportunity in the heart of Islamorada. Positioned directly on the Overseas Highway at Mile Marker 74.5, this highly visible Neighborhood Commercial (NC) property offers outstanding exposure, excellent accessibility, and panoramic Atlantic Ocean views. Originally permitted as a three-unit apartment building, the property is currently configured with two primary residential/commercial spaces, presenting an opportunity for a future owner to explore the potential for a third apartment or additional income-producing space, subject to local approvals. The flexible layout lends itself to owner-occupancy, employee housing, professional offices, retail, vacation accommodations (where permitted), or a variety of commercial uses allowed under NC zoning. An increasingly rare feature in the Upper Keys, this property combines valuable highway frontage with substantial parking, exceptional visibility, and an irreplaceable oceanfront setting. Investors, business owners, and developers will appreciate the property's versatility, while end users may envision transforming it into a distinctive single-family residence with sweeping Atlantic views. Located in one of the Florida Keys' most desirable markets, the property is surrounded by established businesses, restaurants, marinas, resorts, and world-renowned fishing and diving destinations. Its strategic location offers convenient access for both locals and visitors traveling throughout the Keys. Whether you're seeking a long-term investment, owner-user opportunity, redevelopment potential, or a signature live-work property, this unique Islamorada offering delivers location, flexibility, visibility, and exceptional upside in one of Florida's most sought-after commercial corridors.
MLS® Number620534
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1967
Basement
DrivewayStorage
Garage Spaces
Heat
A/C

Extras

Home Estimate Zoopraisal®

This property is estimated to sell between: $1,680,000 and $2,114,000.
Similar properties in this area sold on average for: $1,969,000
Expected to sell in 319 days. Similar properties sold in 330 days. This home has been on Zoocasa for 11 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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