Premier Brokers International
77340 Overseas Highway, Islamorada, FL 33036
ActiveBeachesMLS
ActiveMLS® B26001957
$3,999,999

77340 Overseas Highway, Islamorada, FL 33036

Beds
2
Baths
2
Sqft
928
Est. payment$24,238/mo
Home type
Single Family Residence
Year built
1963
Lot size
34,412 sqft
Price / sqft
$4,310
HOA
$0/mo
Community
MATECUMBE OCEAN BAY SEC 2

Property description

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.

Listing activity

Days on market
196
Listed
Mar 13, 2026
MLS listing updated
Sep 25, 2026
Feed last checked
7 minutes ago

Listed by Elizabeth Jolin · Coldwell Banker Schmitt Real E

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
2
Bathrooms
2
Bathrooms (decimal)
2
Full bathrooms
2
Half bathrooms
0
Main-level bedrooms
1
Main-level bathrooms
1

Rooms & features

Rooms
1
Interior features
Entrance Foyer
Flooring
Tile
Appliances
Electric Range, Microwave, Refrigerator
Laundry
Laundry Closet
Fireplace
No
Furnished
Partially

Heating & cooling

Heating
Electric
Cooling
Central Air, Wall/Window Unit(s)
Property

Parking

Garage
No
Carport spaces
1
Carport
Yes
Parking spaces
1
Covered spaces
1
Parking features
Attached Carport, Boat Access/Parking, Carport, Covered, Driveway, Guest, RV Access/Parking, Unpaved
Attached garage
No

Exterior

Stories
2
Building area
1,922 sqft
Entry level
1
Patio & porch
Patio - Open, Patio
Exterior features
Balcony, Barbecue, Lighting, Outdoor Shower, Other
Fencing
Partial
Pool
Yes
Pool features
Other
View
Direct Ocean, Bay, Pool, Water
Waterfront
No Fixed Bridge, Ocean Access, Bay, Canal Front, Mangrove, Canal Width 1-80 Feet
Waterfront property
Yes

Lot

Lot size
34,412 sqft
Lot size (acres)
0.79 acres
Lot dimensions
34409
Lot features
Oversized Lot
Zoning
RE
Construction

Type & style

Home type
Single Family Residence
Structure type
House
Year built
1963
New construction
No

Materials

Construction
Block, CBS
Roof
Fiberglass, Flat
Property condition
Updated/Remodeled
Levels
Two
Faces
West
Utilities & green energy

Utilities

Electric
100 Amp Service
Sewer
Public Sewer
Water
Public
Utilities
Cable Available
Community & HOA

Community

Subdivision
MATECUMBE OCEAN BAY SEC 2
MLS area
5940 - Other Florida County
MLS subarea
Other
Pets allowed
No Restrictions, Yes
55+ community
No

Association

Has association
No
Estimated monthly dues
$0
Lease details

Not reported by the listing source.

Location

Area details

City
Islamorada
County
Monroe
ZIP code
33036
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
B26001957
Possession
Close Of Escrow, Negotiable
Original list price
$3,999,999
Parcel number
00397200000000
Annual property tax
$17,789.1
Tax year
2025
Assessed value
$1,876,149
Tax legal description
BK 5 LT 5 MATECUMBE OCEAN BAY SEC 2 PB2-98 LOWER MATECUMBE KEY
Special listing conditions
Standard
Additional MLS details

Reported by the listing source

Association
No
Bathrooms Total Decimal
2
Bathrooms Total Integer
2
Building Area Total
1922
Construction Materials
Block, CBS
County Or Parish
Monroe
Days On Market
196
Direction Faces
West
Elementary School
Plantation Key
High School
Coral Shores
Laundry Features
Laundry Closet
List Price
3999999
Listing Contract Date
2026-03-13
Living Area
928
Lot Size Acres
0.79
Lot Size Area
34409
Lot Size Dimensions
34409
MLSArea Major
5940 - Other Florida County
MLSArea Minor
Other
Main Level Bathrooms
1
Main Level Bedrooms
1
Middle Or Junior School
Plantation Key
Mls Status
Active
On Market Date
2026-03-14
Parking Total
1
Patio And Porch Features
Patio - Open, Patio
Photos Count
26
Postal Code
33036
Property Sub Type
Single Family Residence
Property Type
Residential
Rooms Total
1
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-03-14T10:12:58Z
Stories Total
2
Subdivision Name
MATECUMBE OCEAN BAY SEC 2
Tax Assessed Value
1876149
Water Source
Public
Waterfront Features
No Fixed Bridge, Ocean Access, Bay, Canal Front, Mangrove, Canal Width 1-80 Feet
Tax Annual Amount
17789.1
Bathrooms Full
2
Pool Private
Yes
Bedrooms Total
2
Bathrooms Half
0

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Mar 13, 2026ListedBeachesMLS$3,999,999$4,310/sqft

Public tax history

YearProperty taxesAssessment
2025$17,789$1,876,149

Payment calculator

Estimated monthly payment$24,238/moIllustrative estimate, not a loan offer.
Principal & interest
$20,755
Property taxes
$1,482
Insurance
$2,000
Association dues
$0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

MATECUMBE OCEAN BAY SEC 2

Islamorada · Monroe County · 33036

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Plantation KeyElementary
—
Plantation KeyMiddle
—
Coral ShoresHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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BeachesMLS

BeachesMLS · Listing courtesy of Coldwell Banker Schmitt Real E. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.