$3,500,000
 $18,789 est/mo Sourced by Back At You

Overseas Highway,ISLAMORADA, FL 33036

ISLAMORADA, FL 33036

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Description

A rare opportunity to own an expansive bayfront parcel at Mile Marker 81 on Upper Matecumbe Key, offered for sale for the first time since its acquisition in 1937. Located in the heart of Islamorada, this remarkable property encompasses approximately 5.26 total deeded acres, including approximately 2.84 acres of upland, with more than 250 feet of frontage on Florida Bay. The substantial acreage and natural setting offer exceptional privacy and seclusion, while still being close to the restaurants, marinas, shops, galleries, and world-class boating and fishing that define the Islamorada lifestyle. With its coveted Upper Matecumbe Key location, expansive bayfront, and rare parcel size, this is an extraordinary opportunity to create a private waterfront estate in the Florida Keys. Zoned Native Residential (NR), allowing single-family residential use subject to applicable Village requirements. Allowable clearing, building area, and development potential are subject to applicable Village of Islamorada regulations. Buyer to independently verify all development potential with the Village of Islamorada.

Details

MLS #621407
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site8
Listing Provided ByCoastal Realty of the Florida Keys | Natalie Biondoletti

Features

ZoningNR - Native Residential
Acreage5.27
Water FrontYes
Property ViewOpen Water View, Bay

Area Information

StateFL
CountyMonroe
CityISLAMORADA
Zip Code33036
Area23 Upper Matecumbe
Community NameUnplatted Upper Mate (82.0)
Listing VS Median (in Unplatted Upper Mate (82.0))
Price:
$3,500,000
low | high
Med:
$0
On site:
8
low | high
Med:
Sourced by Back At You

Market Activity 33036

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Learn More About This Property

StateFL
CountyMonroe
CityISLAMORADA
Zip Code33036
Area23 Upper Matecumbe
Community NameUnplatted Upper Mate (82.0)
Listing VS Median (in Unplatted Upper Mate (82.0))
Price:
$3,500,000
low | high
Med:
$0
On site:
8
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $2.625M - $4.375M
sqft: 0 - 0
Listing Updated: September 28, 2026 at 11:54:23 PM PDT