$1,600,000
Lower Matecumbe, FL 33036
MLS# 616210
Status: Closed
1 beds | 3 baths | 1566 sqft

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Property Description
This property was originally commercial and was changed by the Village of Islamorada without notifying the owner. A land use attorney is workiing on fixing the issue so it can be commercial again. Right now the land was changed to native residential. This property is 3.2 Acres, with 1 of those acres being hardwood so it cannot be built on. 2 acres have been scarified and was being used as tennis courts with a club house on it.
Details
Maps
Contract Information
Current Price: $1,600,000
Listing Date: 2025-08-20
Listing Board: Florida Keys
Leased Price Monthly: $1,600,000
Limited Representation: No
Potential Short Sale: No
Bank Owned: No
Location, Tax & Legal
Street #: 76800
Street Name: Overseas
Street Suffix: Highway
Key/Island: Lower Matecumbe
State/Province: FL
Zip Code: 33036
Subdivision: Matecumbe Ocean Bay (75.0)
County: Monroe
Area: 22 - Lower Matecumbe
General Property Description
Realtor.COM Type: Commercial
Style: Commercial
Lot Size: 491x245x496x302
Lot SqFt: 139391
Waterfront: No
Building SqFt: 1566
Living Apx SqFt: 1566
Year Built: 1994
Total Bedrooms: 1
Full Baths: 3
Total Baths: 3
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Under Contract Date: 2025-12-01
Leased Date: 2026-01-30
Leased Price Monthly: $1,600,000
Status: Closed
Property Features
Type: Other Services
Waterfront: None
Waterview: No Waterview
Dockage: None
Vehicle Storage: Common Parking; Off Street Parking
Cooling: None
Heating: None
Utilities: Buyer to Verify
Appliances: No Appliances
Miscellaneous: Fencing
Construction: Combo Construction
Land Size: 2 Less Than 5 Acres
Fee Includes: None
Listing Office: Coldwell Banker Schmitt Islamorada
Last Updated: February - 01 - 2026
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