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$6,995,000
Lower Matecumbe, FL 33036
MLS# 608546
3 beds | 3 baths | 1500 sqft
1 / 36
Property Description
Beautiful 300' of oceanfront property on Lower Matecumbe Key. This offering consists of two 100' lots, vacant & contiguous, a 100' lot with a triplex apartment building, and 2 additional Transferable Development Rights. This gives you endless possibilities for redevelopment of the property. The two vacant lots have an additional 200' of bay bottom. Fantastic 180° ocean views make for gorgeous sunrises on the naturally sandy beaches. View Alligator Lighthouse, watch dolphins, manatees, and birds feeding on fish right in front of you. At night, beautiful full moon risings, cruise ships with their lights passing, and plenty of stars. Launch kayaks from the beach to do a little tarpon fishing and bonefish are making a comeback so you can wade with your fly rod for a thrill. Also snorkel for lobster in season in all the little crevices and holes off shore of the property. Recap: 300' of oceanfront made up of 2 vacant lots, 1 lot with 3 apartments, bay bottom on the vacant lots, and 2 additional transferable building rights. Note: One of the owners is a State of Florida Real Estate Licensee
Details
Contract Information
Current Price: $6,995,000
Listing Date: 2024-02-03
Listing Board: Florida Keys
List Price: $6,995,000
Location, Tax & Legal
Street #: 75131
Street Name: Overseas
Street Suffix: Highway
Key/Island: Lower Matecumbe
State/Province: FL
Zip Code: 33036
County: Monroe
Subdivision: Mat Ocean Beach (75.0)
Mile Marker: 75
Area: 22 - Lower Matecumbe
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE elev 11
Alternate Key #: 1491276
Add'l Parcel #1: 00398870-000000
Add'l Parcel #2: 00398860 & 00097730
Parcel #: 00398880-000000
Zoning: R1 - Residential Single Family
Deed Restrictions: Unknown
Legal: Lots 67, 66, & 65 plus bay bottom adjacent to Lots 66 & 65 of Matecube Ocean Beach Section A Lower Matecumbe PB2-39
Taxes: 27699
Tax Year: 2023
Pub Sewer HkUp: Yes
General Property Description
Realtor.COM Type: Residential - Single Family
Style: Single Family
Waterfront: Yes
Control Depth: 2
Pool: No
Year Built: 1957
Total Units: 3
Lot Size: 300' wide X 160' deep
Lot SqFt: 48000
Lot Sqft Source: Tax Records
Acres: 1.1
Living Apx SqFt: 1500
SqFt Source: Property Data Card
Total Bedrooms: 3
Full Baths: 3
Total Baths: 3
Rentals Allowed: With Restrictions
Remarks & Misc
Remarks – Consumer: Beautiful 300' of oceanfront property on Lower Matecumbe Key. This offering consists of two 100' lots, vacant & contiguous, a 100' lot with a triplex apartment building, and 2 additional Transferable Development Rights. This gives you endless possibilities for redevelopment of the property. The two vacant lots have an additional 200' of bay bottom. Fantastic 180° ocean views make for gorgeous sunrises on the naturally sandy beaches. View Alligator Lighthouse, watch dolphins, manatees, and birds feeding on fish right in front of you. At night, beautiful full moon risings, cruise ships with their lights passing, and plenty of stars. Launch kayaks from the beach to do a little tarpon fishing and bonefish are making a comeback so you can wade with your fly rod for a thrill. Also snorkel for lobster in season in all the little crevices and holes off shore of the property.
Recap: 300' of oceanfront made up of 2 vacant lots, 1 lot with 3 apartments, bay bottom on the vacant lots, and 2 additional transferable building rights.
Note: One of the owners is a State of Florida Real Estate Licensee
Directions: On Overseas Highway oceanside near MM 75
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Building Style
Above Flood: No
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Oceanfront
Waterview: Ocean View
Dockage: None
Building Style: Ground Level
Utilities: FKAA; Municipal Sewer
Appliances: No Appliances
Construction: Concrete
Pets: Pets Allowed
Land Size: More than 1 Lot
Listing Office: Century 21 Circle
Last Updated: March - 19 - 2024
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