About This Home

This 3-bedroom, 3-bathroom single family at 75131 Overseas Highway in Lower Matecumbe, FL is listed for $5,999,000 ($3,999 per sqft). Built in 1957, the home offers 1,500 sqft of living space on a 0.83 acres lot.

Key Features

  • Built in 1957
  • 0.83 acre lot
  • Waterfront

Property Details

1 story
3 full
1957

Amenities

WaterfrontView
Listing Description

Beautiful 200' of oceanfront property on Lower Matecumbe Key. This offering consists of one 100' lot, vacant with TDR & contiguously, a 100' lot with a triplex apartment building (3 TDRs),.This gives you endless possibilities for redevelopment of the property.

The vacant lot has an additional 200' of bay bottom. Fantastic 180 degrees 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: 200' of oceanfront made up of 1 vacant lot with TDR, 1 lot with 3 apartments, bay bottom on the vacant lot, for a total of 4 TDRs on the property Note: One of the owners is a State of Florida Real Estate Licensee

Monthly Cost Estimate

$32,084/mo

20% down · 6.5% · 30 years

Principal$4,339
Interest$25,996
Insurance$1,750

Estimates only. Actual payments may vary.

Location

75131 Overseas Highway

Lower Matecumbe, FL 33036

Mat Ocean Beach (75.0)

Property Details

Construction

Concrete

Views

Ocean

Appliances

No Appliances

Questions & Answers

This 3-bedroom, 3-bathroom single family at 75131 Overseas Highway is listed at $5,999,000 ($3,999/sqft). The estimated monthly payment is $32,084 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1957, 0.83 acre lot, Waterfront.

This property is listed by Randy Selden.

RS

Randy Selden

License 0313574

Agent at Schwartz Property Sales

Listed by Schwartz Property Sales · Broker phone: (904) 269-7117 · View on Broker Site · Broker website

MLS# 608546· Source: Florida Keys Board of REALTORS®· 997 days on PropertySimple

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.

75131 Overseas Highway, Lower Matecumbe, FL 33036

Open this listing in: