74560 Overseas Hwy new

Islamorada,FL 33036

$ 3999000

- Bed

0 Bath

6071 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 6,071 sqft

Price per Sqft $658

Subdivision Matecumbe Sandy Beach

MLS Listing ID A11883039

Style Fourplex

HOA Y/N No

Year Built 1983

Annual Tax Amount $18,004

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

Investor or Developer Opportunity in the Heart of Islamorada!
This waterfront property features 8 income-producing units in excellent condition, including seven 1-bedroom/1-bath units and one penthouse 3-bedroom/2-bath unit.
All units are currently leased, offering immediate cash flow. Enjoy ample parking, a premium location directly on Overseas Highway, and frontage to the water — a rare find in such a central area.
Zoning allows for multiple possibilities. Whether you're looking to expand, redevelop, or simply enjoy stable income, this property is a must-see in the Florida Keys.
Walking distance to restaurants, shops, marinas, and more.

Location

State FL

County Monroe

Community Matecumbe Sandy Beach

Area 98 Florida Keys

Interior

Heating None

Cooling Ceiling Fan(s),Electric

Flooring Ceramic Tile,Tile,Vinyl

Exterior

Pool None

Utilities Available Cable Not Available

Waterfront Description Canal Front,Ocean Front

Roof Type Flat,Tile

Total Parking Spaces 15

Private Pool No

Building

Lot Description < 1/4 Acre

Story 3

Sewer Public Sewer

Architectural Style Fourplex

Structure Type Brick,Block

Others

Tax ID 00394480-000105

Acceptable Financing Cash,Conventional,Owner May Carry

Listing Terms Cash,Conventional,Owner May Carry

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