About This Home

This 2-bedroom, 2-bathroom single family at 77340 Overseas Highway in Lower Matecumbe, FL is listed for $3,799,999 ($4,095 per sqft). Built in 1963, the home offers 928 sqft of living space on a 0.79 acres lot.

Key Features

  • Built in 1963
  • 0.79 acre lot
  • Private pool
  • Waterfront

Property Details

2 full
1963

Amenities

PoolWaterfrontA/C
Listing Description

Estate Opportunity Spanning 34,409 SF, this exceptional parcel offers a scale uncommon in Islamorada, providing the foundation for a spectacular Florida Keys residential estate. The exceptional lot size allows a discerning buyer to imagine the best. The site easily accommodates the vision of an estate property with pool, tennis or pickleball court,

expansive outdoor living, caretaker's cottage, and generous waterfront dockage--all while maintaining privacy rarely achieved in the Keys. Positioned on a deep basin, the property provides protected dockage while being only seconds from Florida Bay and minutes under the bridge to the Atlantic Ocean, placing world-class backcountry and offshore fishing within immediate reach.

An existing legal nonconforming home with a waterfront swimming pool currently sits on the property and may be used as a residence or rental while architectural plans and permits are finalized, offering flexibility during the planning process. For buyers who understand the value of land in the Florida Keys, this offering represents something increa

singly difficult to find: the opportunity to create a custom waterfront estate tailored entirely to your vision, rather than inheriting someone else's. A remarkable parcel for a remarkable build.

Monthly Cost Estimate

$20,323/mo

20% down · 6.5% · 30 years

Principal$2,748
Interest$16,467
Insurance$1,108

Estimates only. Actual payments may vary.

Location

77340 Overseas Highway

Lower Matecumbe, FL 33036

Matecumbe Ocean Bay (75.0)

Property Details

Construction

CBS

Pool Features

Pool

Outdoor Features

Porch

Parking

Open

Cooling

Central Air

Appliances

DryerDishwasherRefrigeratorOvenMicrowave

Questions & Answers

This 2-bedroom, 2-bathroom single family at 77340 Overseas Highway is listed at $3,799,999 ($4,095/sqft). The estimated monthly payment is $20,323 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1963, 0.79 acre lot, Private pool, Waterfront.

This property is listed by Elizabeth Jolin.

EJ

Elizabeth Jolin

License 3502927

Agent at Coldwell Banker Schmitt Islamorada

Listed by Coldwell Banker Schmitt Islamorada · Broker phone: (305) 664-4470 · View on Broker Site · Broker website

MLS# 619064· Source: Florida Keys Board of REALTORS®· 228 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.

77340 Overseas Highway, Lower Matecumbe, FL 33036

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