305-609-4190
77350 Overseas Hwy, Islamorada FL 33036
Active Single Family Residence Waterfront

77350 Overseas Hwy, Islamorada FL 33036

Islamorada, FL, 33036

$11,700,000

Est. $59,162/mo (20% down)

6
Beds
7
Baths
6,577
Sq Ft
2025
Year Built
Lot Sq Ft
4
Garage

Photo Gallery (33 photos)

About This Property

Sunset Sanctuary. Natural beauty and captivating sunsets of the Florida Keys define this newly completed gated waterfront estate on Lower Matecumbe Key. Surrounded by a serene coastal landscape and native birdlife, the property offers boating access to both Florida Bay and the Atlantic Ocean. Completed in 2025, the three-level main residence features two primary suites, three guest bedroom suites, media room, an elevator, and a custom kitchen showcasing mahogany cabinetry and Thermador appliances. Expansive balconies extend the living spaces into the natural surroundings. The third-level Sunset Lounge elevates entertaining with a full bar, wine storage, generous seating, a mega-TV, and views toward Florida Bay. Outdoors, the property features a saltwater pool and spa, covered dining and entertaining areas, a private pickleball court, and a dock with boat lift. A detached guest house provides comfortable accommodations with added separation from the main residence. This distinctive Islamorada estate brings together natural beauty, recreation, boating access, and elevated island living.

Property Details

MLS #

A12056007

Status

Active

Property Type

Residential

Sub Type

Single Family Residence

Year Built

2025

Days on Market

5

Pool

No

Waterfront

Yes

Price / Sq Ft

$1,779

HOA Fee

None

Est. Insurance

$3,900/mo

Tax Year

2025

Tax Amount

$8,816

Garage

4 Car

Lot Size

MLS Area

Matecumbe Ocean Bay Sec 2

Subdivision

MATECUMBE OCEAN BAY SEC 2

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Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$81,900
Est. Monthly Rent
1.8%
Cap Rate
8.9%
Cash-on-Cash
$208,429
Net Operating Income

ROI Projections (4% Annual Appreciation)

153%
5-Year ROI
Value: $14,234,839
329%
10-Year ROI
Value: $17,318,858
534%
15-Year ROI
Value: $21,071,039

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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