$6,995,000
For Sale

75131 Overseas Highway

Lower Matecumbe, FL 33036
3 beds | 3.00 baths | #608546
Browse 36 photos
Type:Purchase
Structure:House
Zone:Residential

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

  • Property Details
      • SubdivisionMat Ocean Beach (75.0)
      • Property TypePurchase
      • Cost6995000
      • MLS #608546
      • MLS #608546
      • Bathrooms3.00
      • Year Built1957
      • Bedrooms3
      • Property SubtypeA

Location

Lisa Wiebe | Coldwell Banker Schmitt Real Estate Co.Real Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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