$1,590,000
Lower Matecumbe, FL 33036
MLS# 605460
3 beds | 2 baths
1 / 19
Property Description
If you missed it last time this property is back on the market. A rare opportunity on Lower Matecumbe. The potential is limited only by the imagination. This prime location on US 1 with open water ocean views is zoned NC (Neighborhood Commercial.) Also listed as a Multi-Family dwelling. Originally permitted by Monroe County as a 3 unit apartment building, today it has a 2 bedroom 1 bath unit upstairs with a good monthly rental history. A 7-day vacation license from Islamorada is possible. Downstairs has an office with an ocean view with a kitchen/dining room and a bedroom and half bath. The 6900 sq ft lot is fenced on both sides and the rear for privacy, an outdoor shower, washer and dryer and trailer storage while the front is open for parking and presently a rental business for kayaks and bicycles. The office with a view has great highway exposure. Zoning allows for a variety of other ventures in this perfectly located residential/commercial property
Details
Documents
Contract Information
Current Price: $1,590,000
Listing Date: 2023-05-27
Listing Board: Florida Keys
List Price: $1,590,000
Limitd Reprsntation: No
As is Rght to Inspct: Yes
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No
Species List: No
Location, Tax & Legal
Street #: 74452
Street Name: Overseas
Street Suffix: Highway
Key/Island: Lower Matecumbe
State/Province: FL
Zip Code: 33036
Subdivision: White Marlin Bch (74.5)
Mile Marker: 74.5
County: Monroe
Area: 22 - Lower Matecumbe
Marathon Neighborhood: N/A
Side: Bay/Gulf
Flood Zone: AE 9
Alternate Key #: 1480584
Parcel #: 00392260-000000
Zoning: NC - Neighborhood Commercial
Legal: BKB LT 8 WHITE MARLIN BEACH SEC-1 PB3-184 LOWER MATECUMBE KEYOR551-321 OR
Taxes: 6282
Tax Year: 2023
General Property Description
Realtor.COM Type: Commercial
Style: Residential Income
Lot Size: 6900
Lot SqFt: 6900
Waterfront: No
Year Established: 2018-12-28
# Parking Spaces: 8
Off Street Parking: yes
# Stories: 2
Building Ht. Ft.: 22
Total # Buildings: 1
Building SqFt: 3346
SqFt Source: Tax Records
Total Units: 2
Year Built: 1967
Total Bedrooms: 3
Full Baths: 2
Total Baths: 2
Remarks & Misc
Remarks – Consumer: If you missed it last time this property is back on the market. A rare opportunity on Lower Matecumbe. The potential is limited only by the imagination. This prime location on US 1 with open water ocean views is zoned NC (Neighborhood Commercial.) Also listed as a Multi-Family dwelling. Originally permitted by Monroe County as a 3 unit apartment building, today it has a 2 bedroom 1 bath unit upstairs with a good monthly rental history. A 7-day vacation license from Islamorada is possible. Downstairs has an office with an ocean view with a kitchen/dining room and a bedroom and half bath. The 6900 sq ft lot is fenced on both sides and the rear for privacy, an outdoor shower, washer and dryer and trailer storage while the front is open for parking and presently a rental business for kayaks and bicycles. The office with a view has great highway exposure. Zoning allows for a variety of other ventures in this perfectly located residential/commercial property
Directions: Located on US1 and Gulfview Drive at MM 74.5
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 100
Assoc/Mnt Fee Per: Yearly
Appliances
Other: Range/Oven
Financial Status
Bank Owned: No
Potential Short Sale: No
Property Features
Type: Retail; Other Services
Waterfront: None
Waterview: Ocean View; Open Water View
Dockage: None
Vehicle Storage: Off Street Parking; Trailer Storage
Cooling: Wall/Window Unit(s)
Utilities: Buyer to Verify; FKAA; Municipal Sewer
Appliances: Dryer; Range; Refrigerator; Washer
Miscellaneous: Fencing; High Traffc Location; High Visibility; Highway Frontage; Open Water View; Residence on Premise
Construction: CBS
Windows/Doors: Double Hung Windows; Impact Rstnce Window
Shutters: Clam Shell
Floor: Laminate; Tile
Roof: Tar/Gravel Roof
Land Size: Less Than 1/4 Acre
Fee Includes: Other
Property Rights: Multi-Use/Commercial
Zoning - Neighborhood Commercial 
Listing Office: Realty One Group Engage the Keys
Last Updated: August - 26 - 2023
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