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65620 Overseas Highway

Long Key, FL

Listing Details

  • $3,899,000
  • MLS# 616369
  • Type Residential - Multiple
  • Status Active
  • 4
    Bedrooms
  • 2 full
    Bathrooms
  • 1,647
    Square Feet
  • 0.620 acres
    Lot Size
  • 1972
    Year Built

Description

Rarely does a Florida Keys property offer the combination of proven vacation rental income, transient rental zoning, private beachfront, and future development flexibility found at the historic Long Key Fish Camp.Situated at the southern tip of Long Key, this income-producing oceanfront property boasts 221 feet of private white sand beach, unobstructed Atlantic Ocean views, and both sunrise and sunset. Currently operating as a successful nightly vacation rental, the property offers a rare opportunity for investors seeking immediate income with the flexibility to further enhance or redevelop the site. The existing legal duplex features four... Read more bedrooms and two bathrooms, capturing the character and charm of Old Florida Keys living. Continue operating the property as a vacation rental, renovate the existing improvements, or explore the propertys long-term redevelopment potential. The offering includes two development rights associated with the legal duplex, plus a third development right for an accessory structure, an increasingly rare asset in the Florida Keys. This unique combination creates opportunities to maximize rental income, establish a private waterfront compound, or pursue future redevelopment, subject to applicable approvals.Ideally positioned between Islamorada and Marathon, the property offers convenient access to marinas, restaurants, shopping, and airports while maintaining a level of privacy rarely found in the Keys. The shallow turquoise waters offshore are ideal for kayaking, paddleboarding, snorkeling, and fishing, while nearby Long Key State Park and the Long Key Viaduct provide access to some of the worlds most renowned tarpon fishing. Adding to its significance, the property occupies the former site of Henry Flaglers original Long Key Fishing Camp. In the early 1900s, famed author Zane Grey helped establish Long Key as one of sportfishings most celebrated destinations, hosting notable guests including Herbert Hoover and Franklin Rooseve

Key Features

  • Beach
View All Features
65620 Overseas Highway
Long Key, FL 33001
Subdivision
Long Key Ocean Bay Colony (690)
County
Monroe

Contact the Agent

Luxury Homes Specialist
Contact the Listing Agent
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All Property Features

  • Property Type: Residential - Multiple
  • Accessibility: Parking
  • Add. Parcel #1: 00386370-000000
  • Add. Parcel #2: 00386360-000000
  • Appliances: Washer, Microwave, Oven, Refrigerator, Dishwasher, Dryer
  • Building Above Flood: No
  • Community Features: Beach
  • Cooling: Central Air, Ceiling Fans(s)
  • Days on Site: 291
  • Dock: Wood
  • Exterior: Frame, Combo Construction
  • Exterior: Chickee Hut, Shed, Sandy Beach
  • Flood Zone: AE, VE, AE
  • Flooring: Tile
  • Furnished: Yes
  • Furnished: Furnished
  • Heating: Central
  • HOA (1st Right of Refusal) Y/N: No
  • HOA (Mandatory) Y/N: No
  • Home Style: Ground Level
  • Interior: Cathedral Ceilings, Built-in Cabinets, Window Treatments, Smoke Alarms, Granite Counter Top, Split Bedroom
  • Key/Island: Long Key
  • Listing Board: Florida Keys
  • Lot Dimensions: 0.62Acre(s)
  • Lot Size: 0.62 Acres
  • Off Shore Island: No
  • Pets: Pets Allowed
  • Porch/Balcony: Open Porch/Balcony, Deck, Patio
  • Roof Type: Metal Roof
  • Security: No Security
  • Sewer Hookup: Yes
  • Specialty Rooms: Laundry Room, Utility Room
  • Taxes: $9,882
  • Tax exemptions: None
  • Utilities: FKAA, Cable Available, Buyer to Verify, Community Swr Plant
  • Waterfront: Oceanfront, Open Water
  • Waterview: Ocean View, Open Water View
  • Windows/Doors: Single Hung Windows, Impact Rstnce Window, Sliding Glass Doors
  • Year Built: 1972
  • Zoning: ISD - Improved Sup Duplex