The Newman Team<br />Margo, Brett & Rebecca

The Newman Team
Margo, Brett & Rebecca

(305) 393-1770
(305) 393-1892
(305) 393-3980
(305) 664-4111

Coldwell Banker Schmitt Real Estate Company

85996 US Hwy 1
Islamorada, FL 33036

(305) 664-4470

0 Overseas Highway, Islamorada, FL 33036

$ 649,000


Two Lots on U.S. 1 in Islamorada at the Entrance to Venetian Shores

Property Info
MLS #:570972
Price:$ 649,000
  • Two Lots on U.S. 1
  • Combined 100 ft. of U.S. 1 Frontage
  • NC Zoning - Residential/Commercial Use
  • Water and Sewer Available on Both Sites
  • Desirable X Flood Zone

Two lots on U.S. 1 in Islamorada with a combined 100 feet of highway frontage by the entrance to Venetian Shores, a large neighborhood of high-end waterfront homes. Both lots are located in the desirable X flood zone and are zoned NC (Neighborhood Commercial). NC allows for a wide variety of commercial and residential uses. Water and sewer is currently available at both lots. Call today!

NC Zoning Municode (please check Village of Islamorada website for updates):

Sec. 30-697. - Neighborhood commercial (NC) zoning district.

(a) Purpose and intent.

(1) The purpose of the neighborhood commercial (NC) zoning district is to provide a compact commercial area designed and intended to allow for a mix of residential, office and local retail sales servicing the daily needs of local residents within convenient traveling distance.

(2) This zoning district is established within the Mixed Use (MU) FLUM category.

(b) Permitted uses. The following uses are permitted uses provided that they do not contain a drive-in or drive-through component.

(1) Single-family dwelling unit;

(2) Attached deed restricted affordable dwelling units;

(3) Accessory uses and structures, excluding guesthouses;

(4) Low/medium intensity retail, service and office uses, 2,500 square feet or less, limited to:

a. Medical office;

b. Professional services including accountant, administrative and management services, architect, engineer, counselor, interior designer, investment agent, lawyer, and other similar professions;

c. Studio school including art, sculpture, dance, drama and like instruction;

d. Bakery;

e. Day care center;

f. Delicatessen (no tables);

g. Drugstore;

h. Fishing, diving and sailing shop/instruction;

i. Florist;

j. Food store;

k. Gym;

l. Interior decorator;

m. Laundry;

n. Liquor store;

o. Office supply and service; and

p. Salon.

Please see Village of Islamorada municode for full information including setbacks, parking requirements, etc.  This information is deemed reliable but not guaranteed.

Mortgage Calculator
Down Payment:
Terms (in Years):
Monthly Payment:
Payment Estimator
Total:$649,00020% Down:$129,800Financing:$519,200
Jumbo 30 Yr Fixed*
4.0 %
(4.023% APR)
$2,479 / month

*Rates last updated 4/22/19. Information displayed is accurate as of the date of the latest update and is subject to change without notice. Loan pricing can only be locked through a home mortgage consultant. Other restrictions may apply. The Rate/APR and other terms may vary from those displayed based on the creditworthiness of the borrower, the type of dwelling, whether the borrower is self-employed, the location of the property and other factors. Please contact a lender in your area to determine what rates you qualify for.

**Rates calculated from national averages.  To determine rates in your area please contact your local lender.

Local Schools

School NameTypeDistanceGreatSchools Rating
Island Christian School
83400 Overseas Hwy, Islamorada, FL 33036
(305) 664-4933
0.98 mi
Treasure Village Montessori Charter School
86731 Overseas Highway, Islamorada, FL 33036
(305) 852-3482
4.44 mi

About Us

Top Selling Florida Keys Luxury Real Estate Team

The Florida Keys real estate team of Margo Newman, Brett Newman and Rebecca Callahan Newman has consistently ranked among the top 1 percent of real estate agents NATIONWIDE in sales volume. They have closed more than $200 million worth of Florida Keys real estate and have earned the designation of "International President's Circle Team" for top sales.  This honor is among the highest presented by Coldwell Banker for top teams across North America.  They were also recognized for having the highest average sales price company-wide for Coldwell Banker in the Keys in 2015.

Margo first visited the Florida Keys to fish when she was only 20 years old, and she bought her first house in the Keys in the 1970s. Margo has 35+ years of real estate sales experience and has consistently listed and sold millions of dollars worth of Florida Keys property annually.  Throughout her career, she has successfully closed residential, commercial, multifamily and land transactions

Brett, Margo’s son, grew up in the Keys so he is an experienced boater, knows the waters, understands the community, and offers his customers personal knowledge of the area's history and growth. For more than 25 years Brett has been a licensed real estate salesperson and was also a licensed mortgage broker.  Throughout this time, he has worked as a real estate agent, mortgage broker and mortgage loan officer in residential real estate in South Florida.

Rebecca, Brett's wife, also grew up in Islamorada and moved back after earning a B.A. in Communications with an emphasis in Marketing and Journalism.  She graduated summa cum laude with a 4.0 GPA and also attended graduate school at Florida International University for writing.  She is a licensed real estate salesperson and has 20+ years experience as a marketing manager, graphic artist, web designer and writer.  She has worked with Brett and Margo for more than a decade.

The Florida Keys
The Newman Team lists and sells Upper and Middle Florida Keys properties primarily in the Islamorada area, Key Largo, Tavernier, Plantation Key, Upper Matecumbe Key, Lower Matecumbe Key, Long Key and Marathon. They have also listed and sold private islands offshore of the Florida Keys.

Their listings include multi-million dollar waterfront homes, oceanfront estates, waterfront property, luxury homes, private islands, beachfront and pool homes, ocean view homes and a selection of properties with immediate ocean and/or Florida Bay access for the best boating, fishing and diving in Florida.
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