74900 Overseas Highway, Islamorada, FL 33036

New Listing

$4,900,000

Property Type: Land & Docks Lot Size (sq. ft.): 32,450 Status: Active

Current Price: $4,900,000 List Date: 7/01/2026 Last Modified: 7/01/2026

Overview

Description

A truly once in a generation opportunity to build your dream estate in the heart of Islamorada's coveted Lower Matecumbe. This exceptional vacant homesite is one of the few remaining parcels of its size available in all of Islamorada, offering an incredibly rare combination of breathtaking ocean views and expansive wide canal views. Encompassing over 32,000 square feet, this extraordinary property provides the perfect canvas for a custom waterfront residence designed to capture spectacular sunrises, refreshing ocean breezes, and the unmatched beauty of the Florida Keys. Its unique setting offers the best of both worlds--open water vistas in the front and a wide canal in the rear, creating an unparalleled lifestyle for boating enthusiasts and those seeking privacy, space, and unforgettable scenery. Opportunities to acquire a property of this caliber have become increasingly scarce in Islamorada, where large vacant parcels are exceptionally limited. Whether you're envisioning a private f ... (Read more)

Listing Details MLS# A12046316

General Property Information

Property Sub Type: Unimproved Land
Number Of Lots: Yes
Lot Size Acres: 0.74
Lot Size Square Feet: 32450
Lot Size Dimensions: 32450
Waterfront YN: Yes
Water Frontage Feet: 100
Direction Faces: East
LP/SqFt: 151

Property Features

Current Use: Residential; Single Family; Unimproved; Other Development Status: Raw Land Other Structures: None Possession: Negotiable Trees: Other Listing Terms: Cash Lot Features: Build to Suit Water Access: Other Waterfront Features: Canal Front; Creek; Ocean Front Showing Requirements: Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 4900000
LP/Acre: 6621621.62

Location and Legal

Country: United States
County Or Parish: Monroe
County Parish Name: Monroe
Street Number: 74900
Street Name: Overseas
Street Suffix: Highway
City Name: Islamorada
State Or Province: FL
Postal Code: 33036
Postal Zip: 33036
Subdivision Name: MATECUMBE SANDY BEACH
Area: 5940 - Other Florida County
Geographic Area: Other
Elementary School: Plantation Key
Middle Or Junior School: Plantation Key
High School: Coral Shores
Parcel Number: 00393970000000
Zoning: is
Flood Zone: AE

Financial Information

Tax Year: 2024
Tax Annual Amount: 7204
Tax Legal Description: BK 2 LT 6 MATECUMBE SANDY BEACH LOWER MATCMBE KEY PB3-127 OR496-41 OR793-1527 OR794-1461 OR831-652 OR2172-2043 OR2569-53/55 OR2721-685/86

Status Change Information

Major Change Timestamp: 2026-07-01T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-07-01

More Information

Price Calculations

Current Price To SqFt: 152.01

Originating Details

Originating System Key: 520344128
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Current Use

Residential: Yes
Single Family: Yes
Unimproved: Yes
Other: Yes

Development Status

Raw Land: Yes

Other Structures

None: Yes

Possession

Negotiable: Yes

Trees

Other: Yes

Water Access

Other: Yes

Listing Terms

Cash: Yes

Lot Features

Build to Suit: Yes

Waterfront Features

Canal Front: Yes
Creek: Yes
Ocean Front: Yes

Showing Requirements

Call Listing Agent: Yes

Section Details

Parcel Number MLX: No

Listing Office: Pine River Realty, LLC.

Last Updated: July - 01 - 2026

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74900 Overseas Highway, Islamorada, FL 33036 (MLS# A12046316)