This property features 3 acres of industrial upland, complemented by an additional 9 acres of bayfront land, which can be negotiated, including plans for a 100' dock and two 30k lb boat lifts. The property has 150 ft of US1 frontage and is conveniently located north of the weigh station. The Village of Islamorada officially recognizes 1,972 sq. ft. of non-residential floor area, one market-rate dwelling unit, and two affordable housing units. The current zoning code permits the construction of over 30,000 square feet, based on 3.12 acres or 10,000 sq. ft. per acre. Presently, there are four structures on the property. The seller is open to subdividing to meet the buyer's needs. This is one of the few properties in Monroe County with a wide range of potential uses, including residential.
Property Details
Property Features
Listing Office:
Office Name: Real Estate Sales Force
Office Phone: (305) 392-1497
Listing Agent: Antonio Cristobal
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Virtual Tour: 86560 Overseas Hwy
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Lot Features
Lot Information:
Lot Size: 3.00 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $4,949,000
Tax Information:
Annual Amount: $7,944
Tax Year: 2020
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Ocean Studies Charter
92295 Old Hwy
Distance between this listing and this school5.50 miles
Public Charter Grades KG-5
Nearby Schools
8
/10
Treasure Village Montessori Charter School
86731 Overseas Hwy
Distance between this listing and this school0.24 miles
Public Charter Grades PK-8
7
/10
Plantation Key School
100 Lake Rd
Distance between this listing and this school3.19 miles
Public District Grades PK-8
4
/10
Key Largo School
104801 Overseas Hwy
Distance between this listing and this school17.84 miles
Public District Grades PK-8
Nearby Schools
5
/10
Coral Shores High School
89901 Old Hwy
Distance between this listing and this school3.45 miles
The neighbors living near this home have an average income of $90,278. Most Islamorada, FL residents have annual incomes between $100k-200k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 86560 Overseas Hwy
What is the listing price of this property?
The listing price of 86560 Overseas Hwy property is $4,949,000.
What type of property is this?
The property 86560 Overseas Hwy is land located in Islamorada, Florida, 33036.
Is this property for sale now?
Active Listing: 86560 Overseas Hwy is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $7,944 (source: MLS/based on county public records data).
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This home is located at 86560 Overseas Hwy in Islamorada, FL and zip code 33036. This home sits on a 3.00 acre lot. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $4,949,000.
Over 0 listings were sold over their listed price in November 2024 in Islamorada, FL. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price. Between October 2024 and November 2024, Islamorada, FL real estate market has seen increase in the number of listings by 6.1%. Listings spent 43 days on the market in November 2024, and had a median list price of $2,100,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.