$4,499,000
Upper Matecumbe Key Islamorada, FL 33070
MLS# 611348
Status: Pending
2 beds | 1080 sqft
1 / 10
Property Description
This exceptional property features 3 acres of pristine industrial upland, complemented by an additional 9 acres of bayfront land. The bayfront area includes plans for a 100' dock and two 30,000 lb boat lifts, which can be negotiated. The property boasts 150 feet of US1 frontage and is conveniently located north of the weigh station. The Village of Islamorada officially recognizes 1,972 square feet of non-residential floor area, one market-rate dwelling unit, and two affordable housing units on the property. The current zoning code permits the construction of over 30,000 square feet, based on 3.12 acres or 10,000 square feet per acre. Presently, there are four structures on the property. The seller is open to subdividing the land to meet the buyer's needs. This is one of the few properties left in Monroe County with a wide range of potential uses, including residential. Seller financing is available for qualified buyers.
Details
Maps
Contract Information
Current Price: $4,499,000
Listing Date: 2024-09-05
Listing Board: Florida Keys
Monthly Rent: $4,499,000
Limited Representation: No
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
Location, Tax & Legal
Street #: 86560
Street Name: Overseas
Street Suffix: Highway
Key/Island: Upper Matecumbe Key Islamorada
State/Province: FL
Zip Code: 33070
Subdivision: Misc Upper Matacumbe (82.0)
County: Monroe
Area: 23 - Upper Matecumbe
General Property Description
Realtor.COM Type: Commercial
Style: Industrial
Lot Size: 3 Acres
Lot SqFt: 135907
Waterfront: No
Building SqFt: 1080
SqFt Source: Tax Records
Living Apx SqFt: 1080
Year Built: 1928
Total Bedrooms: 2
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: Yes
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Under Contract Date: 2025-08-13
Status: Pending
Property Features
Deed Restrictions: Unknown
Type: Boat Sales/Service; Hotel/Motel; Light Manufacturing; Professional Service; Wholesale Mfg/Wrhse
Waterfront: None
Waterview: No Waterview
Dockage: None
Utilities: FKAA; Separate Meters
Appliances: No Appliances
Miscellaneous: High Traffc Location; High Visibility; Highway Frontage; Storage
Construction: Combo Construction; Frame; Manufactured; Stucco
Land Size: 2 Less Than 5 Acres
Fee Includes: None
Terms: Seller Finance Psble
Property Rights: Other/See Remarks
Listing Office: Real Estate Sales Force, Inc.
Last Updated: August - 19 - 2025
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 being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.