Renovated Mixed-Use Commercial
For Sale
$4,600,000
105 Palm Avenue Upper Matecumbe Key, Islamorada, FL 33036
Commercial Sale, Upper Matecumbe Key Islamorada, FL
Property SizeContact for details
Lot Size0.21 Acres
Days on Market239
Property Features for 105 Palm Avenue Upper Matecumbe Key
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
HC - Highway Commercial
Bedrooms
1
Bathrooms
3
Full bathrooms
1
Half bathrooms
3
Rooms
Bathroom 1, Bathroom 3, Bathroom 2, Bathroom 4, Bedroom 1
Appliances
Refrigerator, Range, Washer, Dryer, Dishwasher
Subdivision
Grove Park (81.5)
View
Water
Directions
Located on Old Highway and visible from Overseas Highway at MM 81.5
Standard status
Active
APN
00398750-000000
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
BK 10 LT 15 & ADJ 16' STRIP OF LAND LYING NW OF LOT 15 GROVE PARK ADDTN PB1-196 UPPER MATECUMBE G5-231.....
Tax Annual Amount
17206
Legal Description
BK 10 LT 15 & ADJ 16' STRIP OF LAND LYING NW OF LOT 15 GROVE PARK ADDTN PB1-196 UPPER MATECUMBE G5-231.....
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Central Air, Wall/Window Unit(s), Window Unit(s)
Building Details
Year built
1951
Floors in Building
1
Flooring type
Tile
Building materials
CBS, Combo Construction
Listing Agency:
Paradise Florida Keys Real Estate, a Luxury Brand · Realty ONE Group
(305) 393-0523
Listed By:
Judy Rossignol · License #705686
(305) 451-0060
Added: Feb 10
Changed: Oct 1
Last Checked: Oct 7 at 3:06AM
MLS# 618814
Copyright © 2026 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use commercial property includes three buildings on a 0.21-acre parcel in Upper Matecumbe Key. The improvements were totally renovated in 2019 and feature large front windows, tile flooring, and flexible interior areas that can accommodate reception, retail, office, showroom, treatment, or storage functions. Central air, window units, and heat-pump heating are in place, along with on-site parking and signage opportunities.
The property is surrounded by established businesses, restaurants, marinas, and residential neighborhoods within the Village of Islamorada. Its setting provides access for both local and visitor-oriented commerce, with easy ingress and egress and proximity to Cheeca Lodge, The Moorings, and World Wide Sportsman. The site is zoned HC - Highway Commercial.
The property is surrounded by established businesses, restaurants, marinas, and residential neighborhoods within the Village of Islamorada. Its setting provides access for both local and visitor-oriented commerce, with easy ingress and egress and proximity to Cheeca Lodge, The Moorings, and World Wide Sportsman. The site is zoned HC - Highway Commercial.
Key Highlights
- Three commercial buildings on 0.21 acres
- Totally renovated in 2019
- HC - Highway Commercial zoning
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
513
Businesses Nearby
Explore this area
Business Placement
Demographics for 33036, FL
3,541
Population
3,651
Households
1
Avg Household Size
56
Median Age
40%
College-Educated
97%
High-School Grad
5.8 sq mi
ZIP Area
611
Density / Sq Mi
$88,214
Median Household Income
$46,735
Median Earnings
$1,846
Median Rent
$995,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-building commercial property with adaptable interiors, customer parking, and Highway Commercial zoning.
Where is this mixed-use property located?
The property is located at 105 Palm Avenue Upper Matecumbe Key Islamorada, FL.
What is the asking price?
The asking price for this property is $4,600,000.
What are key features of this property?
This property features: Three commercial buildings on 0.21 acres; Totally renovated in 2019; HC - Highway Commercial zoning
