This fantastic OCEAN-FRONT property is located in the heart of the best fishing in Islamorada and the most beautiful clear water! A large 24,394 sq. ft. vacant lot awaits complete with an ACTIVE PERMIT. Enjoy direct ocean access and seamless bay access through Channel 5. Observation dock with a tiki hut construction is complete! This property, already cleared, stands ready for a fresh residence. The approved plans encompass a 2,560 sq. ft., four-bedroom, four-bathroom layout with a three car garage. Property to the south is preserve, which allows for plenty of privacy! With the permits secured and paid for, this is the perfect opportunity to create your dream home in the Florida Keys.
Sold for $1,525,000
$1,525,000
77481 Overseas Hwy, Islamorada, FL 33036
--beds
0baths
0.56Acres
Unimproved Land
Built in ----
0.56 Acres Lot
$-- Zestimate®
$--/sqft
$3,659 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,659/mo
Zestimate® history
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Bonnie Ekblom Oliver 305-394-1569,
Ocean Sotheby's International Realty
Bought with:
outside of mls
Outside Of MLS
Source: FLKMLS,MLS#: 607001
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- On waterfront: Yes
Lot
- Size: 0.56 Acres
- Features: Waterfront, Cleared
Details
- Parcel number: 00397120000000
- Zoning: R1 - Residential Single Family
Utilities & green energy
- Electric: Electric on Site
Community & HOA
Community
- Subdivision: Mat Ocean Bay (75.0)
HOA
- Has HOA: No
Location
- Region: Islamorada
Financial & listing details
- Tax assessed value: $1,284,427
- Annual tax amount: $4,710
- Date on market: 10/12/2023
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 6/22/2026 | Listing removed | $2,799,000 |
Source:  MIAMI #A11996371 Report a problem | ||
| 4/20/2026 | Price change | $2,799,000+3.7% |
Source: MIAMI #A11996371 Report a problem | ||
| 4/7/2026 | Listed for sale | $2,699,000+77% |
Source: MIAMI #A11996371 Report a problem | ||
| 11/21/2024 | Sold | $1,525,000-27.3% |
Source:  FLKMLS #607001 Report a problem | ||
| 10/31/2024 | Contingent | $2,099,000 |
Source:  Key West AOR #607001 Report a problem | ||
| 4/5/2024 | Price change | $2,099,000-18.5% |
Source: Key West AOR #607001 Report a problem | ||
| 11/27/2023 | Price change | $2,575,000-3.7% |
Source: Key West AOR #607001 Report a problem | ||
| 10/12/2023 | Listed for sale | $2,675,000+328% |
Source: Key West AOR #607001 Report a problem | ||
| 3/29/2021 | Sold | $625,000-10.6% |
Source: FLKMLS #592282 Report a problem | ||
| 2/20/2021 | Contingent | $699,000 |
Source: FLKMLS #592282 Report a problem | ||
| 2/19/2021 | Listed for sale | $699,000 |
Source: FLKMLS #592282 Report a problem | ||
| 12/1/2020 | Listing removed | $699,000 |
Source: Century 21 Island Life (ISL) #592282 Report a problem | ||
| 8/28/2020 | Listed for sale | $699,000 |
Source: Century 21 Island Life (ISL) #592282 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,969 +53.5% | $1,284,427 +131.8% |
| 2024 | $7,798 +11% | $553,993 +10% |
| 2023 | $7,025 +49.1% | $503,630 +10% |
| 2022 | $4,711 +66% | $457,845 +487.1% |
| 2021 | $2,838 +5.7% | $77,979 +10% |
| 2020 | $2,685 | $70,890 -79.6% |
| 2019 | $2,685 +28.2% | $347,615 +5.4% |
| 2018 | $2,094 +4.8% | $329,904 +13.6% |
| 2017 | $1,999 +9.8% | $290,459 +8.7% |
| 2016 | $1,821 +2.9% | $267,144 +59% |
| 2015 | $1,769 | $167,969 |
Find assessor info on the county website
Neighborhood: 33036
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Nearby schools
GreatSchools rating
- 10/10Plantation Key SchoolGrades: PK-8Distance: 12.2 mi
- 5/10Coral Shores High SchoolGrades: 9-12Distance: 12.4 mi
- Florida
- Monroe County
- Islamorada
- 33036
- 77481 Overseas Hwy
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