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86560 Overseas Hwy, Islamorada, FL, 33036

$4,949,000

3.00 Acres
Land

Location

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Property Highlights

Home TypeOther
MLS #A11673748
Lot Size3.00 Acres
StatusActive

About 86560 Overseas Hwy

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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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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Housing Market Comparison

See how this home compares to others in Islamorada, FL.

Med. Sold Price

$2.1M

Med. Price/SqFt

$1,310

Avg. Days On Market

43

# of Sold Homes

2

86560 Overseas Hwy vs Islamorada

48 DAYS ON ROCKET

+5 Days

$4,949,000

+$2.8M More

KEY TAKEAWAY

This property is $2.8M more than the Median Sold Price in Islamorada, FL.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11673748

Listing Office:

  • Office Name: Real Estate Sales Force
  • Office Phone: (305) 392-1497
  • Listing Agent: Antonio Cristobal

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 8:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$7,944$886,410
2018$8,040$759,825
2017$7,182$690,750

History based on county public records data.

Payment Calculator

$24.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$14.9K

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NMLS#3030

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.

Nearby Schools

school-card-donut-148856
7
/10
  • Ocean Studies Charter

  • 92295 Old Hwy

  • 5.50 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

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).

How much acreage is this property?

The property 86560 Overseas Hwy is 3.00 acres.
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Rocket HomesFloridaMonroe CountyIslamorada3303686560 Overseas Hwy

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.

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