NEW PHOTOS COMING SOON . Rare Mixed-Use Opportunity with Spectacular Ocean Views in Islamorada MM 74.5.Endless possibilities await at this highly visible, commercially zoned property located directly on the Overseas Highway at Mile Marker 74.5. Offering breathtaking open Atlantic Ocean views and exceptional highway frontage, this unique property is ideal for investors, entrepreneurs, or anyone seeking the perfect live-work lifestyle in the Florida Keys.Originally permitted as a three-unit apartment building, the property is currently configured with two primary living/work spaces, creating the opportunity for a buyer to explore the potential for a third apartment or reconfigure the property to suit their vision, subject to local approvals. Whether you're looking to maximize rental income, establish a business with residential accommodations, or create a one-of-a-kind family compound, the flexibility here is exceptional.The Neighborhood Commercial (NC) zoning opens the door to a wide variety of commercial uses while the existing residential layout also lends itself beautifully to conversion into a spacious single-family residence with incredible ocean views. Imagine waking each morning to the sunrise over the Atlantic while operating your business from one of Islamorada's most recognizable and accessible locations.The property offers generous parking, excellent visibility, fenced outdoor space, and a location surrounded by restaurants, shopping, marinas, and the best of the Florida Keys lifestyle. Opportunities with this combination of commercial frontage, residential flexibility, income potential, and unobstructed ocean views are exceptionally rare.Whether your vision is investment, business, residential living, or a combination of all three, this is a property where imagination truly becomes opportunity.
Listed By
Agency Name: Realty ONE Group Destination (ISL)
Agency Phone: (305) 293-8881
Shown By
Agent Name: Bill Thompson
Agent Phone: (201) 230-1895
Agency Title: Adams Cameron & Co. REALTORS
Estimated Payment
$ 10,045.25 per month $8,941.67 Principal & Interest $613.58 Property Tax $490.00 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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74450 Overseas Highway | MLS# 620533
This single family home located at 74450 Overseas Highway, Islamorada, FL 33036 is currently listed for sale with an asking price of $1,680,000. This property was built in 1967 and has 3 bedrooms and 2 full baths with 1980 sq. ft. Overseas Highway is located in the White Marlin Bch (745) subdivision. Search White Marlin Bch (745) real estate on billthompson.adamscameron.com today.