75971 Overseas Highway

    Lower Matecumbe, FL 33036
    • $3,399,000
    • STATUS: Active
    • ON SITE: 458 days
    • MLS #: 580319
    UPDATED: 52 min ago
    $3,399,000
    • 4
      BEDS
    • 1.31
      ACRES
    • 4
      BATHS
    • 1
      1/2 BATHS
    • 6,065
      SQFT
    • $560
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    2006
    County:

    School Ratings & Info

    Description

    Income Property! A successful weekly vacation rental, 'Turtle Nest Estate' has achieved an average gross income of $200,000/year so this property could potentially be self-funding! With booked rentals in place, the buyer will honor all future bookings and leases will be transferred upon sale. In addition to rental income, you can also enjoy your own tropical beachfront paradise in desirable Islamorada near all the most popular diving and fishing spots. Relax on the 150-foot beach, soak in some rays by the pool, or enjoy nearby fine dining, entertainment & local attractions. This luxurious home offers more than 6,000 sf under air, an oceanfront pool with integrated hot tub, a wade-in sandy beach and an observation pier. Two-car garage, elevator, theater room, split plan, guest wing & more!One of the remarkable features of this home is the expansive great room which features walls of sliding glass that pocket back to open up the entire living room and welcome in the wrap-around open ocean views. The split plan also offers owner privacy with the upstairs private master suite situated opposite the additional two bedrooms and the attached private 1/1 guest wing. The guest wing is connected to the main house through a shared bath, but it can be closed off because it has its own outside entrance by the pool. The guest wing has a completely separate living room with stunning floor-to-ceiling open ocean views on two sides and its own large bedroom with ocean view and master-sized ensuite bath. If needed, the upstairs living room loft, the movie theater room and the guest wing living room could all be converted for use as additional bedrooms for guests. You must see this house in person to appreciate how it was designed to fully incorporate the open ocean views through almost every room. It's all about the view!

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    The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Vacasa Florida LLC are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
    www.buyingthekeys.com/homes/83874907

    75971 Overseas Highway Lower Matecumbe, FL 33036

    • Price: $3,399,000
    • Status: Active
    • Updated: 52 min ago
    • MLS #: 580319
    4
    Beds
    4
    Baths
    1
    ½ Baths
    1.31
    Acres
    6,065
    SQFT
    $560
    $/SQFT
    2006
    Built
    Neighborhood:
    Mat Ocean Bay (75.0)
    County:
    Monroe
    Area:
    22 - Lower Matecumbe
    Property Description
    Income Property! A successful weekly vacation rental, 'Turtle Nest Estate' has achieved an average gross income of $200,000/year so this property could potentially be self-funding! With booked rentals in place, the buyer will honor all future bookings and leases will be transferred upon sale. In addition to rental income, you can also enjoy your own tropical beachfront paradise in desirable Islamorada near all the most popular diving and fishing spots. Relax on the 150-foot beach, soak in some rays by the pool, or enjoy nearby fine dining, entertainment & local attractions. This luxurious home offers more than 6,000 sf under air, an oceanfront pool with integrated hot tub, a wade-in sandy beach and an observation pier. Two-car garage, elevator, theater room, split plan, guest wing & more!One of the remarkable features of this home is the expansive great room which features walls of sliding glass that pocket back to open up the entire living room and welcome in the wrap-around open ocean views. The split plan also offers owner privacy with the upstairs private master suite situated opposite the additional two bedrooms and the attached private 1/1 guest wing. The guest wing is connected to the main house through a shared bath, but it can be closed off because it has its own outside entrance by the pool. The guest wing has a completely separate living room with stunning floor-to-ceiling open ocean views on two sides and its own large bedroom with ocean view and master-sized ensuite bath. If needed, the upstairs living room loft, the movie theater room and the guest wing living room could all be converted for use as additional bedrooms for guests. You must see this house in person to appreciate how it was designed to fully incorporate the open ocean views through almost every room. It's all about the view!
    Exterior Features

    Above Flood Yes Building Style Split Level Construction Cbs Dockage NoneOther Dockage Exterior Features Built-In GrillHot TubOutdoor KitchenOutdoor ShowerSandy Beach Land Size 1 Less Than 2 Acres Lot Size 430 X 150 Pool Info ConcreteDeckedIn Ground Pool Info Other Partially Elevated Pool YN Yes Porch Balcony DeckOpen Porch/Balcony Roof Metal Roof Shutters Panel Side Ocean Style Single Family Vehicle Storage AttachedCovered ParkingGarageGuest ParkingOff Street ParkingOpen ParkingTrailer Storage Waterfront OceanfrontOpen Water Waterfront YN Yes Waterview Ocean ViewOpen Water View

    Interior Features

    Appliances DishwasherDryerMicrowaveOvenRangeRefrigeratorStainless Steel ApplWasher Cooling Heating Central A/C Floor Marble Furnished Furniture Negotiable Guest Servant Quarters Legal Interior Features Built-In CabinetsCathedral CeilingsElevatorGranite Counter TopSky Light(S)Split BedroomStorageWalk-In Closet Pre Wired Cable Specialty Rooms Laundry RoomLoftTheater RoomUtility Room Windows Doors Impact Rstnce WindowSliding Glass Doors

    Property Features

    Accessibility Features Elevator Assoc Fee 0.00 Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City Islamorada Control Depth 2 Deed Restrictions Unknown Fee Includes None Flood Zone AeVe Handicap Access Yes Key West Neighborhood Outside Of Key West Listing Board Florida Keys Mile Marker 75.00 Min Rental Days 7.00 Neighborhood Features Beach Off Shore Island No Pets Pets Allowed Potential Short Sale No Potential Short Sale Financial Status No Public Sewer Hookup Yes Rentals Allowed Yes Species List Yes Sq Ft Source Tax Records Tax Exemptions None Tax Year 2017 Taxes 25189.96 Terms Buyer Obtain Finance Title Title Ins - Buyer Total Units 1.00 Transient License Yes Utilities FkaaMunicipal Sewer Zoning Re - Residential Estate

    Listing courtesy of Margo Newman of Coldwell Banker Schmitt Islamorada.


    The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Vacasa Florida LLC are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
     
    Vacasa Florida LLC
    1001 Whitehead St.
    Key West FL, 33040