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Canal-Front Live-Work Space
For Sale
$95,000

108 Madeira Rd, Islamorada, FL 33036

Water access, dockage, and an operating upholstery business support a combined workshop and residential setup.

Property SizeContact for details
Days on Market356

Property Features for 108 Madeira Rd

General Information

Standard status Active
Property subtype Business Opportunity

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $6,795
Listing Agency: Coastal Realty of the Florida Keys
Listed By: John El-Koury · License #557666
Source: Exprealty
Added: Sep 9, 2025 Changed: Aug 29 Last Checked: Aug 29 at 3:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coastal Realty of the Florida Keys

Investment Insights

Based on property information with market context.

This offering combines an established upholstery business with a two-story live-work building at 108 Madeira Rd in Islamorada. The 2,230-square-foot layout includes a workshop, one room, one bathroom, a small kitchen area, loft-style living space upstairs, and an additional storage room. The sale is for the business only; real estate is not included.

The operation has served customers since 1972 and handles interior, exterior, furniture, antique, headboard, and marine upholstery work. Included equipment and inventory consist of two sewing machines, a compressor, fabric, supplies, and other tools. The business name, logo, website, and brand identity also transfer. The current lease is month to month and includes 26 feet of dockage, with water access for customers arriving by boat. Owner transition training is available for a short period if needed.

Key Highlights

  • Operating upholstery business established in 1972
  • 2,230‑square‑foot, two‑story live‑work building
  • 26 feet of dockage included with the month‑to‑month lease

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Auto Repair Shop HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store Hair Salon Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

596
Businesses Nearby

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

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Live-work space - Water access, dockage, and an operating upholstery business support a combined workshop and residential setup.
Where is this live-work space located?
The property is located at 108 Madeira Rd Islamorada, FL.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: Operating upholstery business established in 1972; 2,230‑square‑foot, two‑story live‑work building; 26 feet of dockage included with the month‑to‑month lease
More about this property
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