76800 Overseas Hwy HwyIslamorada, FL 33036

Property Details for 76800 Overseas Hwy Hwy

Year built

1994

Property type

Other commercial real estate

Description

This exceptional 3.2-acre property in Islamorada, Florida, presents a unique investment opportunity. Currently zoned as native residential, this land holds significant potential for commercial development. The property's previous commercial designation was inadvertently altered by the Village of Islamorada without owner notification. Legal counsel is actively working to restore the property's commercial zoning. The land comprises approximately 3.2 acres, with one acre consisting of mature hardwood trees, rendering it unsuitable for construction. The remaining two acres have been prepared, previously serving as tennis courts and supporting a clubhouse structure. The clubhouse, while needing potential renovation or demolition, provides a pre-existing structure on-site. This property's prime location in Islamorada offers high visibility and accessibility, making it an attractive prospect for a variety of commercial ventures once the zoning issue is resolved. The asking price reflects the current zoning status and the ongoing legal efforts to secure commercial designation. Investors seeking a potentially lucrative project with a clear path to commercial redevelopment should consider this exceptional opportunity. The property's history and current state provide a solid foundation for a future commercial development, once the zoning is corrected. Serious inquiries are encouraged.

Location Insight

City

Islamorada

County

Monroe

State

Florida

Latitude

24.9226

Longitude

-80.6331

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