#610362, Kim Bagnell Thaler, Listing office: Ocean Sothebys International Realty
75131 Overseas Hwy Islamorada, FL 33036
Property details
About 75131 Overseas Hwy
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
Highlights
Summary
- Full Bathrooms: 3
- Total Bedroom Count: 3
- Waterfront: Ocean Front
- View: Ocean
- Architectural Style: Single Family
- List Price: $6,995,000
- Price/SqFt: $4,663
- Annual Tax Amount: $16,092
- Tax Year: 2023
- Lot: Waterfront
- Directions: On Overseas Highway oceanside near MM 75
- Year Built: 1957
- Living Area: 1,500 SqFt
- Lot Size: 1.1 Acres
- MLS Number: 608546
- MLS Name: KeyWest
- Office Name: Century 21 Circle - Islamorada
- Office Phone: (305) 664-4637
- Listing Agent: Randy Selden
The data relating to real estate for sale on this web site comes in part from the IDX Program of Key West Association of REALTORS®, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Key West Association of REALTORS®, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/16/2025, 12:45:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $2,162,526 | $16,092 |
History based on county public records data.
Nearby schools
9
Ocean Studies Charter
Public Charter KG-5
16.6 mi
•92295 Old Hwy
5
Stanley Switlik Elementary School
Public District PK-5
25.7 mi
•3400 Overseas Hwy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $74,836. Residents of Islamorada, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
Similar homes for sale
Frequently asked questions
About 75131 Overseas Hwy
The listing price of 75131 Overseas Hwy property is $6,995,000.
The property 75131 Overseas Hwy is a house located in Islamorada, Florida, 33036.
Active Listing: 75131 Overseas Hwy is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 75131 Overseas Hwy are: Ocean Studies Charter (GreatSchools Rating 9/10), Stanley Switlik Elementary School (GreatSchools Rating 5/10), Treasure Village Montessori Charter School (GreatSchools Rating 10/10), Plantation Key School (GreatSchools Rating 8/10), Key Largo School (GreatSchools Rating 6/10), Coral Shores High School (GreatSchools Rating 5/10), Marathon Middle High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $16,092 (source: MLS/based on county public records data).
The property at 75131 Overseas Hwy has 3 bedrooms and 3 bathrooms.
The property 75131 Overseas Hwy is 1,500 SqFt (source: MLS/tax record).
The year of construction for 75131 Overseas Hwy is 1957.
This home is located at 75131 Overseas Hwy in Islamorada, FL and zip code 33036. This 1,500 square foot home, which was built in 1957, sits on a 1.10 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 6, 2025 and is currently priced at $6,995,000.
Islamorada, FL housing market in June 2025 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 15 sold below. The number of listings in Islamorada, FL decreased by 3.7% between May and June 2025. In June 2025 median list price was $1,200,000 and the average listing age was 143 days.