$5,999,000
Lower Matecumbe, FL 33036
MLS# 608546
3 beds | 3 baths | 1500 sqft
1 / 36
Property Description
Beautiful 200' of oceanfront property on Lower Matecumbe Key. This offering consists of one 100' lot, vacant with TDR & contiguously, a 100' lot with a triplex apartment building (3 TDRs),.This gives you endless possibilities for redevelopment of the property. The vacant lot has an additional 200' of bay bottom. Fantastic 180° ocean views make for gorgeous sunrises on the naturally sandy beaches. View Alligator Lighthouse, watch dolphins, manatees, and birds feeding on fish right in front of you. At night, beautiful full moon risings, cruise ships with their lights passing, and plenty of stars. Launch kayaks from the beach to do a little tarpon fishing and bonefish are making a comeback so you can wade with your fly rod for a thrill. Also snorkel for lobster in season in all the little crevices and holes off shore of the property. Recap: 200' of oceanfront made up of 1 vacant lot with TDR, 1 lot with 3 apartments, bay bottom on the vacant lot, for a total of 4 TDRs on the property Note: One of the owners is a State of Florida Real Estate Licensee
Details
Contract Information
Current Price: $5,999,000
Listing Date: 2024-02-03
Listing Board: Florida Keys
Monthly Rent: $5,999,000
Location, Tax & Legal
Street #: 75131
Street Name: Overseas
Street Suffix: Highway
Key/Island: Lower Matecumbe
State/Province: FL
Zip Code: 33036
County: Monroe
Subdivision: Mat Ocean Beach (75.0)
Area: 22 - Lower Matecumbe
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 2
Pool: No
Year Built: 1957
Total Units: 3
Lot SqFt: 36250
Lot Sqft Source: Tax Records
Acres: 0.83
Living Apx SqFt: 1500
SqFt Source: Property Data Card
Total Bedrooms: 3
Full Baths: 3
Total Baths: 3
Rentals Allowed: With Restrictions
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Building Style
Above Flood: No
Status Change Info
Contingent: None
Contingent Remarks: inspections
Status: Active
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Oceanfront
Waterview: Ocean View
Dockage: None
Building Style: Ground Level
Utilities: FKAA; Municipal Sewer
Appliances: No Appliances
Construction: Concrete
Pets: Pets Allowed
Land Size: More than 1 Lot
Listing Office: Century 21 Circle- Islamorada
Last Updated: August - 18 - 2026
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.