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Active - Multi Family for sale

74560 Overseas Highway, Islamorada FL 33036

Facts & features

Multi Family Property type
270 days on Beycome
1983 Year built
522,720 sqft Lot size

Why you’ll love it

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. Commercial fishing zoning allows for uses such as a restaurant, seafood market, marine outfitter, charter or fishing headquarters, or other enterprises aligned with the working waterfront.

Translating description...

Listings courtesy of Coldwell Banker Schmitt Real E.

Listed by: Alina Davis • 305-393-0541 • Coldwell Banker Schmitt Real E

Co-listed by: Elizabeth Jolin • 305-393-0541 • Coldwell Banker Schmitt Real E

Source: Miami MLS, MLS#: R11164709 Miami MLS logo

Based on info available as of Nov 13, 2026 at 7:00 PM EST.

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Affordability

$2,015,000$4,185,000
1%20%
0%90%
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Estimated monthly payment

$17,378/mo

  • Mortgage$15,675
  • Property tax$1,703
  • HOA fee
  • Homeowners insurance
Due at closing$2,464,500
Down payment held in escrow$620,000
Closing costs$46,500
beycome credit Est.$62,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Islamorada

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 10 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 13, 2026 at 07:00pm EST.

$3,100,000 Listed price

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$62,000 Credit back

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