74450 Overseas Highway Islamorada, FL 33036
Listing Courtesy of: FLORIDA KEYS / Listed By: Realty One Group Destination (isl)

  74450 Overseas Highway Islamorada, FL 33036

Active (8 Days)
$1,680,000 (USD)
3
BED
2
BATH
1,980
SQFT

Description

NEW PHOTOS COMING SOON . Rare Mixed-Use Opportunity with Spectacular Ocean Views in Islamorada MM 74.5.Endless possibilities await at this highly visible, commercially zoned property located directly on the Overseas Highway at Mile Marker 74.5. Offering breathtaking open Atlantic Ocean views and exceptional highway frontage, this unique property is ideal for investors, entrepreneurs, or anyone seeking the perfect live-work lifestyle in the Florida Keys.Originally permitted as a three-unit apartment building, the property is currently configured with two primary living/work spaces, creating the opportunity for a buyer to explore the potential for a third apartment or reconfigure the property to suit their vision, subject to local approvals. Whether you're looking to maximize rental income, establish a business with residential accommodations, or create a one-of-a-kind family compound, the flexibility here is exceptional.The Neighborhood Commercial (NC) zoning opens the door to a wide variety of commercial uses while the existing residential layout also lends itself beautifully to conversion into a spacious single-family residence with incredible ocean views. Imagine waking each morning to the sunrise over the Atlantic while operating your business from one of Islamorada's most recognizable and accessible locations.The property offers generous parking, excellent visibility, fenced outdoor space, and a location surrounded by restaurants, shopping, marinas, and the best of the Florida Keys lifestyle. Opportunities with this combination of commercial frontage, residential flexibility, income potential, and unobstructed ocean views are exceptionally rare.Whether your vision is investment, business, residential living, or a combination of all three, this is a property where imagination truly becomes opportunity.

MLS #:
620533
Taxes
$7,363(2025)
Lot Size
6,900 SQFT
Type
Single-Family Home
Year Built
1967
Style
Single Family
County
Monroe County

Listed By

Krissy Carnahan, Realty One Group Destination (isl)
Source
FLORIDA KEYS
Last checked Jul 8 2026 at 4:39 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Appliances : Dryer
  • Appliances : Microwave
  • Appliances : Oven
  • Appliances : Refrigerator
  • Appliances : Washer
  • Appliances :
  • Room(s) : Laundry Room
  • Room(s) : Guest/Servants Quarters : Unknown
  • Windows/Doors : Windows/Doors : Aluminum Windows
  • Windows/Doors : Impact Rstnce Window
  • Interior Features : Other
  • Room(s) : Workshop
  • Windows/Doors : Impact Rstnce Doors
  • Security Features : No Security
  • Furnished : Partially
  • Windows/Doors : Shutters : Other
  • Furnished : Negotiable
Subdivision
  • White Marlin Bch (74.5)
Lot Information
  • Less Than 1/4 Acre
Heating and Cooling
  • Central Air
  • Ductless
Pool Information
  • Heated : No
Homeowners Association Information
  • Dues: $300/Yearly
Exterior Features
  • Roof: Concrete Roof
  • Roof: Tar/Gravel Roof
Utility Information
  • Utilities: Fkaa, Buyer to Verify
Parking
  • Total Parking Spaces : 4+
Stories
  • 2
Living Area
  • 1,980 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

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Disclaimer: Copyright 2026 Florida Keys MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 7/7/26 21:39