Prime Redevelopment Opportunity in the Heart of IslamoradaA rare

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Commercial For Sale

82929 Overseas Highway

Upper Matecumbe Key, Florida 33036

Monroe County Water View: Yes

Community: Ocean View (825)

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$5,500,000 0 br, 0.0 bath 0 sq. ft. 0.000 acres

Prime Redevelopment Opportunity in the Heart of IslamoradaA rare investment in paradise! This one-of-a-kind property, made up of three parcels located at 82925, 82929, and 82935 Overseas Hwy, presents a developer's dream in the heart of Islamorada. Currently featuring a mix of mobile homes, multiple apartments, and a commercial building, the property is zoned Village Center, allowing for a broad range of redevelopment possibilities. Islamorada Village Planning Department recognizes 8 Market Rate Development Rights and 1 commercial building boasting 3,312 nonresidential SF with attached work yard.At the gateway to Islamorada, this prime location offers an unparalleled welcome to all Islamorada has to offer including world-class fishing, dining, diving, and shopping. Find a win through thoughtful investment in the charmed Islamorada real estate market.

Interior:
  • Bedrooms: 0
  • Baths: 0.0
  • Sq Ft: 0
  • Year Built: 1963
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: Water
  • Yard: 
  • Siding: Concrete
  • Roof: 
  • Property Taxes: $6,395
  • MLS #: 614467
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Contact Information:
Beach Commercial For Sale in Upper Matecumbe Key, Florida
Listing Agent: Elizabeth Jolin, Coldwell Banker Schmitt Islamorada, 305-393-0994, 305-664-4470 Listing Site, Listing Status: Active
Copyright © 2025 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: 6002228
Viewed 102 times.
Updated: Dec 01, 2025

This property is a Commercial located at 82929 Overseas Highway, Upper Matecumbe Key, Florida 33036, and is currently For Sale at $5,500,000. This Commercial has 0 bedrooms, 0.0 baths, 0 sq ft.