Great Opportunity! Large 24,870 SF lot on corner of Overseas Highway (US 1) and Monroe Drive with canal views at mile marker 88 on the bayside in the Villages of Islamorada. The lot is perfect for a single family home or four affordable housing units. Currently zoned R1. However, since it is on Overseas Hwy, 4 affordable housing dwelling units can be built here as per Villages of Islamorada. Could also possibly change to commercial zoning. Other lots on the same block are for sale which could make a combined site of 1.91 total acres right on Overseas Highway. See documents tab for land use.
Listing courtesy of RE/MAX All Keys Real Estate.