Ad #5351438
MLS #611386
Once in a lifetime investment in the heart of Islamorada. This
81910 & 81908 Overseas Hwy, Upper Matecumbe Key, FL 33036
$6,500,000
--Beds
--Baths
--Sqft
0.7Acres
About this property
Once in a lifetime investment in the heart of Islamorada. This exceptional property offers a wide range of potential uses as it includes two Village Center parcels stretching from Highway to Bay, currently featuring a spacious 3,995 sqft restaurant and bar with a coveted 5COP liquor license - no food quota. Village Center zoning allows for multiple use opportunities including, but not limited to, single family estate, multi family compound, luxury townhomes, vacation rentals, restaurants, marinas, general store with package sales, and much more. The property spans 30,415 sqft. Includes a Bayfront boat basin, and plans for an additional 100' dock to be constructed. The Village of Islamorada officially recognizes three waterfront market-rate dwelling units . The three waterfront Transferable Development Rights (TDRs) can be utilized onsite, transferred to another location, or sold to a receiver site. The Village Center Zoning would allow up to 8 market-rate dwelling units to be developed on site for a new luxury townhome community, with the transfer in of additional TDRs. Whether you're looking to rehab a local iconic business, start a new business, redevelop the entire site, or create a spectacular residential estate, this unicorn property is perfectly located. ***Buyer to verify ALL information.***
Property Features
0 Beds
0 Baths
0 Sqft
0.7 Acres
Beachview
On Beachfront
$15,880 / yr property tax
Monroe County
Strattons (825) Community
Additional Photos
Contact Information
Jocelyn Tiedemann
Ocean Sotheby's International Realty
305-522-3652
Location
Listing Agent: Jocelyn Tiedemann (License #: 3112429) 305-522-3652
Broker: Ocean Sotheby's International Realty 305-712-8888 Listing Site
Copyright © 2026 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.
Broker: Ocean Sotheby's International Realty 305-712-8888 Listing Site
Copyright © 2026 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.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$6,500,000
--
Beds
--
Baths
--
Sqft
81910 & 81908 Overseas Hwy, Upper Matecumbe Key, FL 33036
By contacting this agent you agree to these Terms and Conditions.
MLS# 611386
Once in a lifetime investment in the heart of Islamorada. This
$6,500,000
81910 & 81908 Overseas Hwy, Upper Matecumbe Key, FL 33036
--
Beds
--
Baths
--
Sqft
0.7
Acres
$6,500,000
81910 & 81908 Overseas Hwy, Upper Matecumbe Key, FL 33036
-- Beds
-- Baths
-- Sqft
0.7 Acres
Once in a lifetime investment in the heart of Islamorada. This exceptional property offers a wide range of potential uses as it includes two Village Center parcels stretching from Highway to Bay, currently featuring a spacious 3,995 sqft restaurant and bar with a coveted 5COP liquor license - no food quota. Village Center zoning allows for multiple use opportunities including, but not limited to, single family estate, multi family compound, luxury townhomes, vacation rentals, restaurants, marinas, general store with package sales, and much more. The property spans 30,415 sqft. Includes a Bayfront boat basin, and plans for an additional 100' dock to be constructed. The Village of Islamorada officially recognizes three waterfront market-rate dwelling units . The three waterfront Transferable Development Rights (TDRs) can be utilized onsite, transferred to another location, or sold to a receiver site. The Village Center Zoning would allow up to 8 market-rate dwelling units to be developed on site for a new luxury townhome community, with the transfer in of additional TDRs. Whether you're looking to rehab a local iconic business, start a new business, redevelop the entire site, or create a spectacular residential estate, this unicorn property is perfectly located. ***Buyer to verify ALL information.***
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
0.7 Acres
BEACH & VIEW
Beachview
On Beachfront
FINANCIAL & COMMUNITY
$15,880 / yr property tax
Monroe County
Strattons (825) Community
See More Details
Location
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Ad Statistics
Ad Number
5351438
Viewed
506 times
Listing Status
Pending
Added
Sep 07, 2024
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Florida Keys Board of REALTORS®
Source Property ID
611386
Listing Agent: Jocelyn Tiedemann (License #: 3112429) 305-522-3652
Broker: Ocean Sotheby's International Realty 305-712-8888 Listing Site
Copyright © 2026 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.
Broker: Ocean Sotheby's International Realty 305-712-8888 Listing Site
Copyright © 2026 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.
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