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About This Home

This 3-bedroom, 3-bathroom commercial at 74560 Overseas Highway in Lower Matecumbe, FL is listed for $3,399,000 ($560 per sqft). Built in 1983, the home offers 6,071 sqft of living space on a 0.35 acres lot.

Agent Description

74560 Overseas Highway is a dynamic waterfront commercial asset with multiple revenue paths and significant redevelopment potential. Situated on a 15,000 SF parcel with generous on-site parking and 100 feet of seawall capable of accommodating up to 8 slips, the property delivers premier highway exposure and immediate Florida Bay and Atlantic Ocean access.

Zoning supports four affordable housing units, one market-rate residence, and 5,640 SF of commercial space, creating a layered income strategy that blends residential density with marine-oriented business activity. The existing structure features expansive wraparound windows framing sweeping Atlantic views, plus a top-floor penthouse suite suited for owner occupancy, executive housing, or premium rental use (subject to approvals).

The building configuration can also accommodate a rooftop helipad. Commercial Fishing zoning allows for uses such as a destination restaurant, seafood market, marine outfitter, charter or backcountry fishing headquarters, marina-support retail, or other enterprises aligned with the working waterfront. This is a high-visibility, commercial platform where housing, marine access, and US-1 frontage intersect to create compelling long-term value.

Key Features

  • Built in 1983
  • 0.35 acre lot
  • 3 stories
  • Waterfront

Property Details

3 stories
3 full
1983

Amenities

WaterfrontView

Monthly Cost Estimate

$18,179/mo

20% down · 6.5% · 30 years

Principal$2,458
Interest$14,729
Insurance$991

Estimates only. Actual payments may vary.

Location

74560 Overseas Highway

Lower Matecumbe, FL 33036

Mat Sandy Bch (75.0)

Property Details

Construction

CBS

Views

WaterHarborOcean

Appliances

RefrigeratorWasherDryerDishwasher

Questions & Answers

This 3-bedroom, 3-bathroom commercial at 74560 Overseas Highway is listed at $3,399,000 ($560/sqft). The estimated monthly payment is $14,729 based on 20% down at 6.5% interest.

Key features include: Built in 1983, 0.35 acre lot, 3 stories, Waterfront.

This property is listed by Alina Davis and can be reached at 3053930541 or Alina@YourFLKeysAgent.com.

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Alina Davis

Agent at Coldwell Banker Schmitt Islamorada

(305) 393-0541

Listed by Coldwell Banker Schmitt Islamorada

MLS# 618699· Source: listhub· Updated 105 days ago

Copyright © 2026 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

74560 Overseas Highway, Lower Matecumbe, FL 33036

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