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USAFLUpper Matecumbe Key IslamoradaStrattons (82.5)81908 &Amp; 81910 Overseas Highway
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$6,995,000

81908 &Amp; 81910 Overseas Highway, Upper Matecumbe Key Islamorada, FL

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Commercial
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $15,880
Days Active 348
Approx. Age 1963
MLS® Number 611387

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Once in a lifetime investment in the heart of Islamorada. This exceptional property offers a wide range of potential uses as it includes two Village Center parcels stretching from Highway to Bay, currently featuring a spacious 3, 995 sqft restaurant and bar with a coveted 5COP liquor license - no food quota.Village Center zoning allows for multiple use opportunities including, but not limited to, single family estate, multi family compound, luxury townhomes, vacation rentals, restaurants, marinas, wedding venue, general store with package sales, and much more.The property spans 30, 415 sqft. Includes a Bayfront boat basin, providing dockage for up to 7 vessels and there is adequate depth for an additional 100' dock to be constructed.The Village of Islamorada officially recognizes three waterfront market-rate dwelling units . The three waterfront Transferable Development Rights (TDRs) can be utilized onsite, transferred to another location, or sold to a receiver site. The Village Center Zoning would allow up to 8 market-rate dwelling units to be developed on site for a new luxury townhome community, with the transfer in of additional TDRs.Whether you're looking to rehab a local iconic business, start a new business, redevelop the entire site, or create a spectacular residential estate, this unicorn property is perfectly located. ***Buyer to verify ALL information.***Show Description
MLS® Number611387
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1963
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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