Beautiful 300' of oceanfront property on Lower Matecumbe Key. This offering consists of two 100' lots, vacant & contiguous, a 100' lot with a triplex apartment building, and 2 additional Transferable Development Rights. This gives you endless possibilities for redevelopment of the property. The two vacant lots have 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: 300' of oceanfront made up of 2 vacant lots, 1 lot with 3 apartments, bay bottom on the vacant lots, and 2 additional transferable building rights. Note: One of the owners is a State of Florida Real Estate Licensee
MLS# | 608546 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Contingent/Show |
Year | 1957 |
Days On Site | 252 |
Listing Provided By | Century 21 Circle | Randy Selden |
Bed(s) | 3 |
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Bath(s) | 3 Total |
SQ Feet | 1,500 |
Units | 3 |
Zoning | R1 - Residential Single |
Acreage | 1.10 |
Water Front | Yes |
Property View | Ocean |
State | FL |
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County | Monroe |
City | ISLAMORADA |
Zip Code | 33036 |
Area | 22 Lower Matecumbe |
Community Name | Mat Ocean Beach (75.0) |
Listing VS Median (in Mat Ocean Beach (75.0)) | |
Price: $6,995,000 low | high Med: $6,447,500 SqFt: 1,500 low | high Med: 2,257 $ / SqFt: $4,663 low | high Med: $3,310 On Site: 252 low | high Med: 261.000000 |