by Global Lifestyle Properties

Check Availability
$3,900,000
● Land - For Sale

74900 Overseas Hwy

Islamorada, FL 33036
bedrooms
Studio
bathrooms
0 Bath
$19,750
Est. Monthly

About This Property

A truly once in a generation opportunity to build your dream estate in the heart of Islamorada's coveted Lower Matecumbe. This exceptional vacant homesite is one of the few remaining parcels of its size available in all of Islamorada, offering an incredibly rare combination of breathtaking ocean views and expansive wide canal views. Encompassing over 32,000 square feet, this extraordinary property provides the perfect canvas for a custom waterfront residence designed to capture spectacular sunrises, refreshing ocean breezes, and the unmatched beauty of the Florida Keys. Its unique setting offers the best of both worlds--open water vistas in the front and a wide canal in the rear, creating an unparalleled lifestyle for boating enthusiasts and those seeking privacy, space, and unforgettable scenery. Opportunities to acquire a property of this caliber have become increasingly scarce in Islamorada, where large vacant parcels are exceptionally limited. Whether you're envisioning a private family compound or a legacy waterfront estate, this one-of-a-kind offering represents a chance to create something truly extraordinary in one of the Florida Keys' most desirable destinations.
Unit Size
-
Days on Market
87 days
Land Size
0.74 acres
Price per sqft
-
Property Type
Land
Property Taxes
$600
HOA Dues
-
Year Built
-

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Last updated: 16 days ago (Miami MLS #A12046316)

Price History

Date / Event Date Event Price
Jul 1, 2026 Listed by Pine River Realty, LLC. $3,900,000
Listed by Pine River Realty, LLC.
Jul 29, 2025 Price Decreased $3,995,000
↓ $300K (7%)
Price Decreased
May 19, 2025 Price Decreased $4,295,000
↓ $455K (9.6%)
Price Decreased
Mar 19, 2025 Listed $4,750,000
Listed
A unique opportunity to own a sprawling 32,450 sq. ft. vacant lot in one of Islamorada's most coveted locations. This exceptional lot offers open ocean views and stunning basin views, providing the perfect setting to create something truly special. With roughly 120 feet of water frontage, this property presents excellent dock opportunities, making it ideal for boating enthusiasts. With ample space to bring your vision to life, this lot allows you to design a private estate that perfectly suits your lifestyle. There are very few vacant lots of this size in Islamorada, making this a truly rare opportunity to own a piece of paradise!
Dec 3, 2022 No longer available -
No longer available
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Property Highlights

Exterior Details
Waterfront Features: Canal Front, Creek, Ocean Front
Building Name: MATECUMBE SANDY BEACH
Other Structures: None
Building Area Units: Square Feet
Lot Features: Build To Suit, No Misc/Improvements
Lot Size Area: 32450
Lot Size Units: Square Feet
Lot Size Acres: 0.74
Lot Size Square Feet: 32450
Financial Details
Tax Annual Amount: $7,204

Building Info

Overview

    General

  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 32,450
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: MATECUMBE SANDY BEACH
  • Land Acres: 0000000745
  • Standard Land Use Code: 8001
  • County Land Use Code: 00
  • State Land Use Code: 00
  • Legal Description 1: BK 2 LT 6 MATECUMBE SANDY BEACH LOWER MATCMBE KEY PB3-127 OR496-41 OR793-1527 OR794-1461 OR831-652 OR2172-2043 OR2569-53/55 OR2721-685/86

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 970900

Zoning

  • Zoning: IS

Geography

  • Assessors Map Reference: 19-20
  • Account Number: 1482277
  • Parcel: 00393970-000000
  • Block: 2
  • Lot: 6
  • Meridian: SEC 20 TWN 64S RNG 36E
  • Municipality: ISLAMORADA VILLAGE OF ISLANDS
  • Latitude: 24.86
  • Longitude: -80.7235

    Address

  • Full Address: 74900 Overseas Hwy
  • Address - House Number: 74900
  • Address - Street Name: Overseas
  • Address - Suffix Type: Hwy
  • State: FL
  • City Name: Islamorada
  • Zip Code: 33036

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $560,412
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 50VI

    Market Valuation

  • Market Total Value: $1,262,471
  • Market Land Value: $1,262,386
  • Market Improvement Value: $85

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,262,471
  • Assessed Land Value: $1,262,386
  • Assessed Improvements Value: $85

    Sales

  • Current Sale Contract Date: Jan 16, 2015
  • Current Sale Recording Date: Jan 21, 2015
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2012938
  • Previous Sale Recording Date: Apr 27, 2012
  • Previous Sale Contract Date: Apr 27, 2012
  • Previous Sale Document Type: 55
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Islamorada, Village of Islands


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Frequently Asked Questions

When was property at 74900 Overseas Highway built and last sold?
The property at 74900 Overseas Highway was built in and last sold on Jan 16, 2015 for $980,000.
How much is this home worth?
The estimated value of the home located at 74900 Overseas Highway is $3,939,000.
What are some comparable homes to 74900 Overseas Highway?
There are currently no comparable homes to 74900 Overseas Highway.