Commercial Real Estate Market in Islamorada, FL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
40 active listings and 449 off-market properties in Islamorada, FL.
Market Trends
Islamorada, FL spans 5.8 square miles in Monroe County, Florida. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Islamorada, FL asks $513/SF to buy. Vacancy runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Retail
Retail space in Islamorada, FL asks $651/SF to buy. Vacancy runs 5.4% across the South region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Industrial
Industrial vacancy in Islamorada, FL runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily space in Islamorada, FL asks $723/SF to buy. Vacancy runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 45.8%
- Open space 39.4%
- Commercial 7.7%
- Mixed use 2.3%
- Industrial 1.6%
Largest Zones share of zoned land by district
Conservation
Residential Single Family
Residential Estate
Residential Single Family
Native Residential
Islamorada, FL zones 3,582 acres across 21 districts. Commercial zoning covers 7.7% of zoned land, residential 45.8%, open space 39.4% and industrial 1.6%. The largest single district is Conservation at 37.2%. For commercial buyers the practical constraint is that only 9.3% of land carries a commercial or industrial designation.
Conservation (C)
The purpose of the conservation zoning district is to ensure the long term preservation, and restoration of environmentally sensitive natural resource systems.
Market overview
Demographics & Economy
Islamorada, FL has 3,541 residents in 3,651 households. Density runs 606 people per square mile. Median household income here is $88,214 and median gross rent $1,846 a month.
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
606
Density / Sq Mi
$88,214
Median Household Income
$46,735
Median Earnings
$1,846
Median Rent
$995,600
Median Home Value
Tools
Nearby Markets
Commercial property in Islamorada, FL asks $3,264/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Islamorada?
Commercial property in Islamorada, FL asks an average of $3,264 per square foot. The 3 most recent recorded sales traded at a median of $1,191/SF, so asking sits 174% above the achieved median. Multifamily carries the highest asking price at $723/SF.
What zoning applies to commercial property in Islamorada?
Islamorada, FL zones 3,582 acres across 21 districts, of which 7.7% is commercial and 1.6% industrial. The largest single district is Conservation at 37.2% of zoned land. The purpose of the conservation zoning district is to ensure the long term preservation, and restoration of environmentally sensitive natural resource systems. Residential zoning covers 45.8% and open space 39.4%.
Where does Realmo's Islamorada market data come from?
Realmo compiles Islamorada, FL figures from 6 recent recorded sales, 36 active sale listings, 4 active lease listings, 449 tracked off-market properties, the current Islamorada zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 36 active for-sale and 4 active for-lease listings in Islamorada, FL. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 3,582 zoned acres across 21 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
