75131 Overseas Highway
Lower Matecumbe, FL 33036
- 3 beds
- 3 baths
- 1,500 sqft
- ~1 acre lot
- $4,663 per sqft
- 1957 build
- – on site
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
Last checked:
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Last updated Mar 18, 2025
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MLS# 608546 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1957
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Construction:Concrete
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Style:Single Family
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Building Style:Ground Level
Location
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Directions:On Overseas Highway oceanside near MM 75
The Property
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Parcel #:00398880-000000
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Total Lots:3.00
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Lot SqFt:48000.00
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Lot Dimensions:300' wide X 160' deep
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Acres:1.10
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Land Size:More than 1 Lot
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Waterfront:Oceanfront
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Zoning:R1 - Residential Single Family
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Waterfront:Yes
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Waterview:Ocean View
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Flood Zone:AE elev 11
Listing Agent
- Contact info:
- Agent phone:
- (305) 481-6732
- Office phone:
- (305) 664-4637
Taxes
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Tax Year:2023
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Taxes:27699.00
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Tax Exemptions:None
Beds
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Total Bedrooms:3
Baths
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Total Baths:3.00
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Full Baths:3
Utilities
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Utilities:FKAA, Municipal Sewer
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Pub Sewer HkUp:Yes
Appliances
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Appliances:No Appliances
The Community
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Subdivision:Mat Ocean Beach (75.0)
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Dockage:None
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Pets:Pets Allowed
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Fee Includes:None
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Association Info: Mandatory Home Owners Asc:No
Monthly cost estimate

Asking price
$6,995,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$37,456
|
Taxes | $2,308 |
Insurance | $1,923 |
Utilities | $164 See report |
Total | $41,851/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/22/24
Oct 22, 2024
|
Listed / Active | FLKMLS | $6,995,000 | |
9/11/24
Sep 11, 2024
|
Sold Subject To Contingencies | FLKMLS | $6,995,000 | |
2/5/24
Feb 5, 2024
|
Listed / Active | FLKMLS | $6,995,000 |