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Offered at $3,150,000Active
beds
—
baths
3
sq ft
6,071
Built
1983

74560 Overseas Highway

Islamorada, FL 33036

About this home

74560 Overseas Highway is a dynamic waterfront commercial asset with multiple revenue paths and significant redevelopment potential. Situated on a 15,000 SF parcel with generous on-site parking and 100 feet of seawall capable of accommodating up to 8 slips, the property delivers premier highway exposure and immediate Florida Bay and Atlantic Ocean access. Zoning supports four affordable housing units, one market-rate residence and 5,640 SF of commercial space, creating a layered income strategy that blends residential density with marine-oriented business activity. Commercial fishing zoning allows for uses such as a restaurant, seafood market, marine outfitter, charter or fishing headquarters, or other enterprises aligned with the working waterfront.

Listing last checked: Listing updated:

Listed by Alina Davis, Elizabeth Jolin · Coldwell Banker Schmitt Real E · MLS #R11164709

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Details at a glance

Interior3 property facts
Heating
Central
Cooling
Central Air
Flooring
Concrete, Ceramic Tile
Building3 property facts
Style
Multi Family
Year built
1983
Roof
Built-Up, Other
Land & utilities2 property facts
Lot size
12 acres
Zoning
CFA
Financial2 property facts
Annual taxes
$20,435
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $3,150,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$17,631 / monthAdjust
Principal & interest
$15,928
Property tax
$1,703
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $20,435. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

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About 74560 Overseas Highway

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Request a tour of 74560 Overseas Highway and a Bean Group agent will help coordinate an available time with the listing side.

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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

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