About This Home

This 2-bedroom, 0-bathroom commercial at 86560 Overseas Highway in Upper Matecumbe Key Islamorada, FL is listed for $4,499,000 ($4,166 per sqft). Built in 1928, the home offers 1,080 sqft of living space on a 3.12 acres lot.

Key Features

  • Built in 1928
  • 3.12 acre lot

Property Details

1928

Amenities

View
Listing Description

This exceptional property features 3 acres of pristine industrial upland, complemented by an additional 9 acres of bayfront land. The bayfront area includes plans for a 100' dock and two 30,000 lb boat lifts, which can be negotiated. The property boasts 150 feet of US1 frontage and is conveniently located north of the weigh station.

The Village of Islamorada officially recognizes 1,972 square feet of non-residential floor area, one market-rate dwelling unit, and two affordable housing units on the property. The current zoning code permits the construction of over 30,000 square feet, based on 3.12 acres or 10,000 square feet per acre.

Presently, there are four structures on the property. The seller is open to subdividing the land to meet the buyer's needs. This is one of the few properties left in Monroe County with a wide range of potential uses, including residential. Seller financing is available for qualified buyers.

Monthly Cost Estimate

$24,062/mo

20% down · 6.5% · 30 years

Principal$3,254
Interest$19,496
Insurance$1,312

Estimates only. Actual payments may vary.

Location

86560 Overseas Highway

Upper Matecumbe Key Islamorada, FL 33070

Misc Upper Matacumbe (82.0)

Property Details

Construction

Frame Stucco Manufactured Combo Construction

Views

Water

Appliances

No Appliances

Questions & Answers

This 2-bedroom, 0-bathroom commercial at 86560 Overseas Highway is listed at $4,499,000 ($4,166/sqft). The estimated monthly payment is $24,061 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1928, 3.12 acre lot.

This property is listed by The Lazcos Team - David and Publio Lazcos.

TL

The Lazcos Team - David and Publio Lazcos

License 30534073

Agent at Real Estate Sales Force, Inc.

Listed by Real Estate Sales Force, Inc. · Broker phone: (305) 392-1497 · Broker website

MLS# 611348· Source: Florida Keys Board of REALTORS®· 787 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.

86560 Overseas Highway, Upper Matecumbe Key Islamorada, FL 33070

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