74560 Overseas Highway

74560 Overseas Highway
ISLAMORADA, FL 33036
$3,150,000, 3 bed, 3.00 bath, 6,071 SF, MLS# 618699

74560 Overseas Highway is a dynamic waterfront commercial asset with multiple revenue paths and significant redevelopment potential.Situated on a 15,000 SF parcel with generous on-site parking and 100 feet of seawall capable of accommodating up to 8 slips, the property delivers premier highway exposure and immediate Florida Bay and Atlantic Ocean access. Zoning supports four affordable housing units, one market-rate residence, and 5,640 SF of commercial space, creating a layered income strategy that blends residential density with marine-oriented business activity. The existing structure features expansive wraparound windows framing sweeping Atlantic views, plus a top-floor penthouse suite suited for owner occupancy, executive housing, or premium rental use (subject to approvals). The building configuration can also accommodate a rooftop helipad.Commercial Fishing zoning allows for uses such as a destination restaurant, seafood market, marine outfitter, charter or backcountry fishing headquarters, marina-support retail, or other enterprises aligned with the working waterfront.This is a high-visibility, commercial platform where housing, marine access, and US-1 frontage intersect to create compelling long-term value.

For more information, please contact:
Coldwell Banker Schmitt Real Estate Co.

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Source: Alina Davis Islamorada Realtor