82929 Overseas Highway , FL - ISLAMORADA
Commercial
Prime Redevelopment Opportunity in the Heart of IslamoradaA rare investment in paradise! This one-of-a-kind property, made up of three parcels located at 82925, 82929, and 82935 Overseas Hwy, presents a developers dream in the heart of Islamorada. Offering a blank canvas, this unique site is poised for transformation, pending approval from the Village of Islamorada.Currently featuring a mix of mobile homes, multiple apartments, and a commercial building, the property is zoned Village Center, allowing for a broad range of redevelopment possibilities. Potential lies in creating a unique enclave complete with bungalows, amenities, and lush landscaping creating an aspirational residential community.At the gateway to Islamorada, this prime location offers an unparalleled welcome to all Islamorada has to offer including world-class fishing, dining, diving, and shopping. Pending Village approval, the property boasts 12 market rate dwelling units and 3,456 sq ft of non-res floor area. Investors may explore on-site redevelopment or transfer of building rights.Find a win through thoughtful investment in the charmed Islamorada real estate market.
Listing Summary for 82929 Overseas Highway
Price:
$7,500,000
Bedrooms:
n/a
Bathrooms:
n/a
Half Baths:
n/a
Square Footage:
n/a
Lot Sq. Ft.:
75,003
Year Built:
n/a
Property Type:
Multi-Family
Sub-Type:
Commercial
MLS® #:
614467
Status:
Active
Address:
82929 Overseas Highway
City:
Islamorada
State:
FL
Zip:
33036
County:
Monroe
Key:
Upper Matecumbe Key Islamorada
Side of Island:
Ocean
Community:
Ocean View
Mile Marker:
82.50
Tax Year:
2024
Date Listed:
04-04-2025
Additional Information
Is Waterfront:
No
Waterfront Type:
n/a
View
n/a
Has Pool:
n/a
Pool Info:
n/a
Short Sale:
No
Foreclosure:
No
Pets:
n/a
Docakge Type:
n/a
Dockage Length:
n/a
Dockage Seawall:
n/a
Dockage Construction:
n/a
Security:
n/a
Building Construction:
n/a
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The information being provided by the Florida Keys MLS is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. The MLS data provided for the property above (614467) is provided courtesy of (Coldwell Banker Schmitt Islamorada). Data last updated on 04-17-2025.
