Matecumbe Sandy Beach
$3,999,000
74560 Overseas Hwy, Islamorada, FL 33036
For Sale
Multifamily
Duplex / Triplex / Fourplex
Active
Last Updated: 09/25/2025
12,045 sqft
Building Size
2
Units
Details:
Building Size: 12,045 sqft
Units: 2
Year Built: 1983
Floors: 3
Parking Spots: 15
Gross Leaseable Area: 6,071
Highlights:
- Lot Features: Less Than 1/4 Acre Lot
- Documents Available: Deposit - Security, Rent Rolls
- Cooling: Ceiling Fan(s), Electric
- Heating: None
- Flooring: Ceramic Floor, Tile, Vinyl
- Construction Materials: Concrete Block Construction, Concrete Block With Brick
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
Gallery
