74560 Overseas Highway is a dynamic waterfront commercial asset

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Commercial For Sale

74560 Overseas Highway

Lower Matecumbe Key, Florida 33036

Monroe County

Beachfront: Yes

Ocean View: Yes

Community: Mat Sandy Bch (75)

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$3,900,000 3 br, 3.0 bath 0 sq. ft. 0.000 acres

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 helipadmercial 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.

Interior:
  • Bedrooms: 3
  • Baths: 3.0
  • Sq Ft: 0
  • Year Built: 1983
  • Utilities: 
  • Fireplaces: 
  • Stories: 3
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • Beachfront: Yes
  • View Types: Harbor, Marina, Ocean, Water
  • Yard: 
  • Siding: 
  • Roof: 
  • Property Taxes: $20,435
  • MLS #: 618699
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Contact Information:
Beach Commercial For Sale in Lower Matecumbe Key, Florida
Listing Agent: Alina Davis, Coldwell Banker Schmitt Islamorada, 305-393-0541, 305-664-4470 Listing Site, Listing Status: Active
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.
Ad Number: 7286729
Viewed 61 times.
Updated: Mar 18, 2026

This property is a Commercial located at 74560 Overseas Highway, Lower Matecumbe Key, Florida 33036, and is currently For Sale at $3,900,000. This Commercial has 3 bedrooms, 3.0 baths, 0 sq ft.