$6,995,000

81910 81908 Overseas Highway , Upper Matecumbe Key Islamorada, FL 33036

 
Bedrooms:0 beds
Bathrooms:0 baths
Land:0 sqft
Lot:Unknown
Year Built:--
Listing Status:Active

Listing Agent

The Florida Keys Sold Sisters Sarah Ewald And Sabrina
http://www.FishingForHomes.com
Loan Amount:
Interest:
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Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

Description

Once in a lifetime investment in the heart of Islamorada. This exceptional property offers a wide range of potential uses as it includes two Village Center parcels stretching from Highway to Bay, currently featuring a spacious 3,995 sqft restaurant and bar with a coveted 5COP liquor license - no food quota.Village Center zoning allows for multiple use opportunities including, but not limited to, single family estate, multi family compound, luxury townhomes, vacation rentals, restaurants, marinas, general store with package sales, and much more.The property spans 30,415 sqft. Includes a Bayfront boat basin, providing dockage for up to 7 vessels and there is adequate depth for an additional 100' dock to be constructed.The Village of Islamorada officially recognizes three waterfront market-rate dwelling units . The three waterfront Transferable Development Rights (TDRs) can be utilized onsite, transferred to another location, or sold to a receiver site. The Village Center Zoning would allow up to 8 market-rate dwelling units to be developed on site for a new luxury townhome community, with the transfer in of additional TDRs.Whether you're looking to rehab a local iconic business, start a new business, redevelop the entire site, or create a spectacular residential estate, this unicorn property is perfectly located. ***Buyer to verify ALL information.***

Detailed Items

Other Information

81910 81908 Overseas Highway, Upper Matecumbe Key Islamorada, FL, 33036 is a land listing of 0 sqft on a lot of Unknown. This land listing has 0 bedrooms, and 0 baths. The map for this location can be viewed on Google maps at Google maps to property81910 81908 Overseas Highway, Upper Matecumbe Key Islamorada, FL
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.

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