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$3,900,000
7 Beds ⋅ 7 Baths ⋅ 621298 MLS
Rare opportunity in downtown Islamorada. This is a development dream property on three quarter of an acre with six transient units,one market rate unit plus a commercial restaurant. Lots of options for redevelopment from restaurant with employee housing to a small boutique hotel with its own eatery. License for more than 200 seats with indoor and outdoor dining and plenty of parking ,opportunities like this in the heart of Islamorada are not available often. This is a must see and won't last .

80939 Overseas Hwy, Islamorada
$3,900,000
5 Beds ⋅ 4 Baths ⋅ 613392 MLS
Discover Coconut Cottage, Your Tropical Paradise in Islamorada! Coconut Cottage beckons you to the quintessence tropical living in Islamorada. This oceanfront haven boasts a 90ft. Sandy Beach, a boat basin, and an inviting waterfront pool, creating an idyllic backdrop for both relaxation and adventure. The main residence, featuring 4 bedrooms and three bathrooms, exudes vintage Florida coastal comfort. The charm of the property is further enhanced by a screened-in porch, where one can savor panoramic ocean vistas and gentle sea breezes. A separate one-bedroom, one-bath guest cottage offers additional privacy and comfort, making it ideal for hosting friends and family. Constructed with durability in mind, both homes feature concrete walls and metal roofing, ensuring a sanctuary that stands the test of time. The property's lush tropical landscaping and gated entry promise a secluded retreat, fully fenced to ensure your exclusive slice of paradise remains undisturbed. Ample parking accommodates a fleet of cars, boats and trailers, while a dedicated storage shed keeps your water toys, lawn essentials and fishing gear organized. Coconut Cottage isn't just a residence; it's a lifestyle choice for those who dream of natural tropical setting. Envision your special day at this perfect wedding venue, where a 7-day rental policy aligns seamlessly with celebrations and gatherings. With a charming Boutique Hotel nearby, your guests will enjoy the convenience and luxury that this unique property affords. Discover the rare gem that is Coconut Cottage, a treasure nestled in one of Islamorada's most sought-after locations, where every day feels like a blissful escape from the ordinary! Truly a rare find!

80459 Old Hwy, Islamorada