77340 Overseas Highway, Islamorada, FL 33036 — MLS photo

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77340 Overseas Highway, Islamorada, FL 33036

Active · SingleFamilyResidence

$3,799,999

77340 Overseas Highway, Islamorada, FL 33036

Beds
2
Baths
2
Living area
928 sq ft
$ / sq ft
$4,095/sq ft
Year built
1963
Lot size
34,409 sq ft
HOA fee
—
Annual tax
—

About this property

Estate Opportunity - Spanning 34,409 SF, this exceptional parcel offers a scale uncommon in Islamorada, providing the foundation for a spectacular Florida Keys residential estate. The exceptional lot size allows a discerning buyer to imagine the best. The site easily accommodates the vision of an estate property with pool, tennis or pickleball court, expansive outdoor living, caretaker's cottage, and generous waterfront dockage--all while maintaining privacy rarely achieved in the Keys. Positioned on a deep basin, the property provides protected dockage while being only seconds from Florida Bay and minutes under the bridge to the Atlantic Ocean, placing world-class backcountry and offshore fishing within immediate reach. The 2/2 pool home is updated and ready for refined living.

Property location

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77340 Overseas Highway, Islamorada, FL 33036

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
928 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1963
Lot size
34,409 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Monroe
MLS listing ID
B26001957
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$15,339

Cap rate
0.8%
Net yield
0.8%
Cash-on-cash return
-17.3%
Gross yield
3.8%
Mortgage payment
$18,014/mo
Down payment
$950,000
Loan amount
$2,849,999
Annual NOI
$32,096

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.