Skip to main contentSkip to navigation
1 / 36
Images
Map
Street

Residential Land for Sale in Lower Matecumbe Key, Florida

75131 Overseas Hwy, Lower Matecumbe Key, FL 33036

$6,495,000
1.1 acres
Active
$500k drop
Est $46,639/mo

Beautiful 200' of oceanfront property on Lower Matecumbe Key. This offering consists of one 100' lot, vacant with TDR & contiguously, a 100' lot with a triplex apartment building (3 TDRs),.This gives you endless possibilities for redevelopment of the property. The vacant lot has 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: 200' of oceanfront made up of 1 vacant lot with TDR, 1 lot with 3 apartments, bay bottom on the vacant lot, for a total of 4 TDRs on the propertyNote: One of the owners is a State of Florida Real Estate Licensee

Location

Street address
75131 Overseas Hwy
Community
Mat Ocean Beach (75.0)
Elevation
3 feet
Coordinates
24.8612, -80.7178

Directions

On Overeas Highway oceanside near MM 75

Property details

Acreage
1.1 acres
Zoning
R1 - Residential Single Family
MLS #
FLKEYSMLS 608979
Posted

Property taxes

2023
$27,699

Parcels

  • 00398880-000000

Legal description

Details and features

Listing

Type
Land

Lot

View
Ocean
Waterfront
Oceanfront, Waterfront

Listing history

DateEventPriceChangeSource
July 25, 2025Price drop$6,495,000$500,000 -7.1%FLKEYSMLS
Oct 22, 2024New listing$6,995,000FLKEYSMLS
Sept 14, 2024Listing removed$6,995,000Listing agent
Mar 1, 2024New listing$6,995,000FLKEYSMLS
Subscribe to listing updates

Payment calculator

This 1.1-acre property is located at 75131 Overseas Hwy in Lower Matecumbe Key, FL 33036. The property is available for sale for $6,495,000 with a price per acre of $5,904,545.

Checked 1 hour ago — Updated

Report listing issue

Copyright (C) 2025 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Message rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact