74560 Overseas Hwy Islamorada, FL $ 4,250,000
74560 Overseas Hwy
$ 4,250,000
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74560 Overseas Hwy

Islamorada, FL, 33036
$ 4,250,000
Bedrooms3 Baths2.0 Sq 6,071

Monthly Estimate*

$ 26,514

74560 Overseas Hwy, Islamorada, FL 33036 - Image 1

Multi-Family Home for sale in Islamorada, FL

for $4,250,000 with 3 bedrooms and 2 full baths. This 6,071 square foot home was built in 1983.

?? NEW LISTING ANNOUNCEMENT 74560 Overseas Hwy – Islamorada, FL Premium investment opportunity in the Florida Keys: ??? Listing Price (Firm): $4,250,000.00 ?? Seller Financing Available • 50% Down Payment • 5.0% Interest – First Year Intro Rate ??? Property is 100% Leased ?? Additional Upside: First-Floor Commercial Lease Opportunity ?? Redevelopment Architectural Plans Completed ?? Water Rights Included – 45 ft Beyond the Rear Seawall ??? No Extra Insurance Cost — Liability Only ?? Major Updates completed. ?? Tours Only After Accepted Contract — Please Do Not Disturb Tenants. A stabilized, turnkey asset in a prime Islamorada location with strong income, commercial upside, completed redevelopment plans, valuable water rights, and low insurance overhead with seller financing. For financials, rent roll, or offer instructions, contact via email directly. Walking distance to restaurants, shops, marinas, and more.

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Multi-Family Active

Price

$ 4,250,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 18,004

Style

Year Built

1983

Town/City

Islamorada

County/Region

Monroe

MLS | Web ID

A11883039

Features
General
Sewer Public Sewer
Heating None
Cooling Ceiling Fan(s) Electric
Utilities Cable Not Available
Possession Closing & Funding Close Of Escrow
Roof Flat Tile
Architectural Style Fourplex
Pool Features None
Construction Materials Brick Block
Year Built 1983
Stories Count 3
Property Subtype Quadruplex
Tax Year 2025
Waterfront Features Canal Front Ocean Front
County Monroe
Net Operating Income 141500
Operating Expense 98500
Property Type Residential Income
Subdivision Name MATECUMBE SANDY BEACH
Rent Includes Pest Control Sewer Trash Collection Water
Full Baths 2
Status Active
City Islamorada
Zoning Description CFA
Number Of Units Total 1
MLS Area 98 Florida Keys
Lot Size Units Square Feet
Listing Terms Cash Conventional Owner May Carry
Year Built Details Resale
Tax Annual Amount 18004
MLS Area Minor Other Geographic Area (Out Of Area Only)
Standard Status Active
Occupancy Type Tenant
Total Actual Rent 240000
Property Sub Type Additional Quadruplex
Legal Description MATECUMBE SANDY BEACH PB3-127 LOWER MATECUMBE KEY PT TRACT 5 (AKA PARCEL #5) OR775-344 OR1642-1682/83 OR1642-1684/85 OR2838-1202/03 OR2953-0
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Interior
Flooring Ceramic Tile Tile Vinyl
Air Conditioning Y/N true
Heating Y/N false
Half Baths 0
Total Bedrooms 3
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Total Parking 15
Building Area Total 12045
Frontage Length 100
Waterfront Y/N true
Covered Spaces 0
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* Excluded Features
List By
Dacor Realty Llc

Broker

lcornide@dacorcre.com

Email

Affordability Calculator

$28,015
Per Month
95%
5%
0%
Monthly Principal & Interest
$26,514
Monthly Property Taxes
$1,500
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
Date Price Price Change Description
11/21/2025 $4,250,000 6.28% Price Up
10/22/2025 $3,999,000 Listed Price

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74560 Overseas Hwy, Islamorada, FL, 33036 is a Multi-Family Home for sale at $4,250,000 with 6,071 sqft. 74560 Overseas Hwy has 3 bedrooms, 2.0 baths, and was built in 1983. The property's zip code is 33036 which is in Islamorada, FL