$2,950,000

75971 Overseas Highway

Lower Matecumbe FL, 33036

Description

GREAT NEW PRICE! Beachfront Estate & Income Property! A successful weekly vacation rental, 'Turtle Nest Estate' has achieved an average gross income of $200,000/year so this property could potentially be self-funding! Booked leases will be transferred to buyer upon sale. In addition to rental income, you can also enjoy your own tropical beachfront paradise in desirable Islamorada near all the most popular diving and fishing spots. Relax on the 150-foot beach, soak in some rays by the pool, or enjoy nearby fine dining, entertainment & local attractions. This luxurious home offers a 1.3 acre lot, more than 6,000 sf under air, an oceanfront pool with integrated hot tub, a wade-in sandy beach and an observation pier. Two-car garage, theater room, split floor plan, guest wing & more!

Details

MLS#588803
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year2006
Days On Site229

Features

Bed(s)4
Bath(s)4fb/1hb
SQ Feet6,065
PoolYes
Story(s)1 Story
Acreage1.31
Water FrontOpen Water
Property ViewYes

Market Activity 33036

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Area Information
StateFL
CountyMonroe
CityLower Matecumbe
Zip Code33036
AreaIslamorada
Community NameMat Ocean Bay (75.0)
Listing VS Median (in Mat Ocean Bay (75.0))
Price:
$2,950,000
low | high
Med:
$2,725,000
57.627118644068% of Average
SqFt:
6,065
low | high
Med:
4,769
71.368507831822% of Average
$ / SqFt:
$486
low | high
Med:
$603
26.003016002382% of Average
On Site:
229
low | high
Med:
189
100% of Average
Listing Updated: 08/05/2020