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$3,950,000




75700 Overseas Highway
Lower Matecumbe, FL 33036
MLS# 585223
24 beds  |  32 baths  |  20856 sqft




75700 Overseas Highway, Lower Matecumbe, FL 33036
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75700 Overseas Highway, Lower Matecumbe, FL 33036 75700 Overseas Highway, Lower Matecumbe, FL 33036 75700 Overseas Highway, Lower Matecumbe, FL 33036 75700 Overseas Highway, Lower Matecumbe, FL 33036 75700 Overseas Highway, Lower Matecumbe, FL 33036 75700 Overseas Highway, Lower Matecumbe, FL 33036 75700 Overseas Highway, Lower Matecumbe, FL 33036 75700 Overseas Highway, Lower Matecumbe, FL 33036 75700 Overseas Highway, Lower Matecumbe, FL 33036 75700 Overseas Highway, Lower Matecumbe, FL 33036 75700 Overseas Highway, Lower Matecumbe, FL 33036

Property Description
Buildable multi-family property with 8 townhomes proposed. The 8 townhomes are designed to be 3 Bedroom / 4 bathroom units on the bay. Currently there are two structures on property which have hotel rights.

The large 1.4 acre property, stretching from US1 to the bay, features a protected cove and there are plans to include a long finger dock. Plans and building rights convey with a sale. Buyer to verify.

Blueprints are available for viewing and download in the document tab in this listing.

This is a great opportunity for a builder/developer. Opportunity exists to purchase the corporation shares which may convey advantageous rental rights for this property. Buyer to verify.

Details
Documents
Contract Information
Current Price: $3,950,000
Listing Date: 2019-04-15
Listing Board: Florida Keys
List Price: $3,950,000
As is Rght to Inspct: Yes
Location, Tax & Legal
Street #: 75700
Street Name: Overseas
Street Suffix: Highway
Key/Island: Lower Matecumbe
State/Province: FL
Zip Code: 33036
County: Monroe
Subdivision: Matecumbe Ocean Bay (75.0)
Mile Marker: 75
Area: 22 – Lower Matecumbe
Side: Bay/Gulf
Flood Zone: AE,AE,VE,VE,AE
Alternate Key #: 1487252
Parcel #: 00394840-000000
Zoning: MF – Multi-Family Attached
Deed Restrictions: Unknown
Legal: BK 1 LT 6 AND ADJ BAY BTM MAT OCEAN-BAY SEC-1 AMENDED & EXTENDED LOWER MATECUMBE KEY PB2-96 OR297-124(II DEED 23542) OR4
Taxes: 16184.67
Tax Year: 2017
Pub Sewer HkUp: Yes
General Property Description
Realtor.COM Type: Multi-family
Style: PreConstruction
Waterfront: Yes
Control Depth: 4
Year Built: 1954
Total Units: 8
Lot SqFt: 63598
Acres: 1.4
Living Apx SqFt: 20856
SqFt Source: Blue Print
Total Bedrooms: 24
Full Baths: 32
Total Baths: 32
Floor Number: 3
Rentals Allowed: Yes
Min Rental Days: 28
Commission
Limitd Reprsntation: No
Status Change Info
Status: Active
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Building Style
Above Flood: Unknown
Property Features
Fee Includes: Other
Tax Exemptions: None
Waterfront: Bay Front
Waterview: Bay/Gulf View; Ocean View
Dockage: Basin
Property Condition: New Construction
Utilities: Buyer to Verify
Construction: Other Construction
Pets: Pets Allowed
Neighborhood Feature: Other Area Features
Land Size: 1 Less Than 2 Acres

Listing Office: Blue 9 Realty, Inc.

Listing Agent: John Gallant

Last Updated: June – 19 – 2019

75700 Overseas Highway, Lower Matecumbe, FL 33036 - MLS# 585223

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

Thursday 27th of June 2019 06:17 AM