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For sale
  • $1,680,000

    74450 Overseas Hwy, Islamorada, FL 33036

    3beds
    1,980sqft
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    Single Family Residence
    Built in 1967
    6,969 Square Feet Lot
    $1,604,800 Zestimate®
    $848/sqft
    $25/mo HOA

    What's special

    Excellent visibilityExceptional highway frontageGenerous parkingSpectacular ocean viewsUnobstructed ocean viewsFenced outdoor space
    NEW PHOTOS COMING SOON . Rare Mixed-Use Opportunity with Spectacular Ocean Views in Islamorada MM 74.5.Endless possibilities await at this highly visible, commercially zoned property located directly on the Overseas Highway at Mile Marker 74.5. Offering breathtaking open Atlantic Ocean views and exceptional highway frontage, this unique property is ideal for investors, entrepreneurs, or anyone seeking the perfect live-work lifestyle in the Florida Keys.Originally permitted as a three-unit apartment building, the property is currently configured with two primary living/work spaces, creating the opportunity for a buyer to explore the potential for a third apartment or reconfigure the property to suit their vision, subject to local approvals. Whether you're looking to maximize rental income, establish a business with residential accommodations, or create a one-of-a-kind family compound, the flexibility here is exceptional.The Neighborhood Commercial (NC) zoning opens the door to a wide variety of commercial uses while the existing residential layout also lends itself beautifully to conversion into a spacious single-family residence with incredible ocean views. Imagine waking each morning to the sunrise over the Atlantic while operating your business from one of Islamorada's most recognizable and accessible locations.The property offers generous parking, excellent visibility, fenced outdoor space, and a location surrounded by restaurants, shopping, marinas, and the best of the Florida Keys lifestyle. Opportunities with this combination of commercial frontage, residential flexibility, income potential, and unobstructed ocean views are exceptionally rare.Whether your vision is investment, business, residential living, or a combination of all three, this is a property where imagination truly becomes opportunity.
    15 days
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    446
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    6
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    Zillow last checked:

    Listing updated:

    Listed by:

    Krissy Carnahan 305-522-0280,

    Realty ONE Group Destination (ISL)

    Source: FLKMLS,MLS#: 620533MLS LogoOriginating MLS: Florida Keys

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Central
      Cooling
      • Central Air, Ductless
      Appliances
      • Included: Washer, Microwave, Oven, Refrigerator, Dryer
      • Laundry: Laundry Room
      Features
      • Other
      • Flooring: Tile, Laminate
      • Doors: Impact Rstnce Doors
      • Windows: Aluminum Frames, Impact Rstnce Window, Other
      Interior area
      • Total interior livable area: 1,980 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Guest, Trailer Storage, Off Street
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Storage, Outdoor Shower
      • Fencing: Fenced
      • Has view: Yes
      • View description: Ocean, Water
      • Has water view: Yes
      • Water view: Ocean,Water
      • Waterfront features: None, Dockage: None
      Lot
      • Size: 6,969 Square Feet
      • Dimensions: 60 x 115
      • Features: Less Than 1/4 Acre
      Details
      • Additional structures: Workshop
      • Parcel number: 00392260000000
      • Zoning: NC
      • Zoning description: Neighborhood Commercial

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • CBS, Concrete
      • Roof: Concrete,Tar/Gravel
      Condition
      • Year built: 1967

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: FKAA, Buyer to Verify

      Community & HOA

      Community
      • Features: Bike Paths
      • Security: No Security
      • Subdivision: White Marlin Bch (74.5)
      HOA
      • Has HOA: Yes
      • Services included: Other
      • HOA fee: $300 yearly
      Location
      • Region: Islamorada

      Financial & listing details

      • Price per square foot: $848/sqft
      • Annual tax amount: $7,363
      • Date on market: 7/5/2026
      • Listing terms: Seller Finance Psble,Cash,Conventional

        Estimated market value

        $1,604,800

        $1.52M - $1.69M

        $7,232/mo

        Price history

        DateEventPrice
        7/5/2026Listed for sale$1,680,000+5.7%$848/sqft
        Source: FLKMLS #620533 Report a problem
        11/9/2023Listing removed--
        Source: FLKMLS #605459 Report a problem
        5/27/2023Listed for sale$1,590,000+6.1%$803/sqft
        Source: FLKMLS #605459 Report a problem
        6/21/2022Listing removed--
        Source: FLKMLS #599757 Report a problem
        5/23/2022Pending sale$1,499,000$757/sqft
        Source: FLKMLS #599757 Report a problem
        2/21/2022Listed for sale$1,499,000$757/sqft
        Source: FLKMLS #599757 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 33036

        Getting around

        10 / 100
        Car-Dependent
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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