$3,200,000
Lower Matecumbe, FL 33036
MLS# 603642
Status: Closed
4 beds | 4 baths | 805 sqft
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Property Description
A once-in-a-lifetime opportunity to acquire one of the most unique properties in the Florida Keys! The parcel is approximately 1.46 Acres! Plus approximately 15,000 square feet of Deeded Bay Bottom! Owning the bay bottom makes it much easier to build additional docks. Situated along deep water with your very own protected boat basin that can hold multiple boats. Zoned Multi- Family this estate includes 2 Market Rate Building Rights, which is allowed for WEEKLY rental. Enjoy endless opportunities with this rare Gulf Front Estate. Lines in the aerials are approximate. Currently on the property there are 3 Units being rented. One - 2 Bedroom House and Two - 1 Bedroom Units. Ready for Offers.
Details
Maps
Contract Information
Listing Board: Marathon/Lower Keys
Current Price: $3,200,000
Listing Date: 2023-01-05
Sold Price: $3,200,000
Location, Tax & Legal
City: ISLAMORADA
Mile Marker: 75
Marathon Neighborhood: N/A
Side: Bay/Gulf
Flood Zone: AE VE
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
Taxes: 27131.6
Tax Year: 2022
Pub Sewer HkUp: Yes
Street #: 75700
Street Name: Overseas
Street Suffix: Highway
Key/Island: Lower Matecumbe
State/Province: FL
Zip Code: 33036
County: Monroe
Subdivision: Mat Ocean Bay (75.0)
Area: 22 - Lower Matecumbe
General Property Description
Realtor.COM Type: Residential - Single Family
Waterfront: Yes
Control Depth: 5
Lot SqFt: 63598
Pool: No
Total Units: 3
Acres: 1.46
SqFt Source: Property Data Card
Rentals Allowed: Yes
Min Rental Days: 7
Style: Single Family
Year Built: 1954
Living Apx SqFt: 805
Total Bedrooms: 4
Full Baths: 3
Half Baths: 1
Total Baths: 4
Remarks & Misc
Remarks – Consumer: A once-in-a-lifetime opportunity to acquire one of the most unique properties in the Florida Keys! The parcel is approximately 1.46 Acres! Plus approximately 15,000 square feet of Deeded Bay Bottom! Owning the bay bottom makes it much easier to build additional docks. Situated along deep water with your very own protected boat basin that can hold multiple boats. Zoned Multi- Family this estate includes 2 Market Rate Building Rights, which is allowed for WEEKLY rental. Enjoy endless opportunities with this rare Gulf Front Estate. Lines in the aerials are approximate. Currently on the property there are 3 Units being rented. One - 2 Bedroom House and Two - 1 Bedroom Units. Ready for Offers.
Directions: U.S. 1 to Mile Marker 75, Gulf Side.
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
Association Fee $: 0
Fee Includes
None: 1
Dockage
Dock: Other
Basin: 1
Tax Exemptions
None: 1
Pets
Pets Allowed: 1
Waterfront
Bay Front: 1
Oceanfront: 1
Open Water: 1
Waterview
Bay/Gulf View: 1
Ocean View: 1
Open Water View: 1
Building Style
Above Flood: Unknown
Ground Level: 1
Construction
CBS: 1
Land Size
1 Less Than 2 Acres: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Status Change Info
Sold Date: 2023-03-28
Sold Price: $3,200,000
Status: Closed
Property Features
Fee Includes: None
Tax Exemptions: None
Waterfront: Bay Front; Oceanfront; Open Water
Waterview: Bay/Gulf View; Ocean View; Open Water View
Dockage: Basin
Building Style: Ground Level
Utilities: FKAA; Municipal Sewer
Construction: CBS
Pets: Pets Allowed
Land Size: 1 Less Than 2 Acres
Listing Office: Coldwell Banker Schmitt Real Estate Co.
Last Updated: September - 03 - 2024
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.