Medical Premises

Islamorada, FL Medical Office Space for Sale

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Tavernier, FL Key Largo, FL Plantation Key, FL Homestead, FL Long Key, FL
Mixed-Use Commercial Property with Three Buildings
Updated: Feb 10
Mixed-Use Commercial Property with Three Buildings

105 Palm Avenue, Upper Matecumbe Key, Islamorada, FL 33036

$4,600,000
0.21 AC lot
Totally renovated in 2019
Three buildings and land with a flexible mixed‑use commercial layout for offices, medical/wellness, boutique retail, or specialty businesses
On‑site parking plus easy ingress and egress for customer and employee access
Construction materials include CBS (combo construction); year built 1951
HVAC includes heat pump heating, central air, and window/wall units
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Renovated Mixed-Use Commercial Property
Updated: Jun 28
Renovated Mixed-Use Commercial Property

105 Palm Ave., Islamorada, FL 33036

$4,600,000
Three‑building mixed‑use commercial property totally renovated in 2019
Adaptable interior layout for professional offices, medical/wellness, boutique retail, administrative use, or specialty businesses
Main flexible space can serve as reception, retail floor, open office, or showroom
Supports private offices, treatment rooms, and storage areas
On‑site parking for convenient customer and employee access
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See what stands out in Monroe County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Islamorada, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Highway-Frontage Office Building
Highway-Frontage Office Building

98251 Overseas Highway, Key Largo, FL 33037

$899,000
2,188 sqft 0.64 AC lot

Flexible commercial layout with multiple entrances, reception space, private rooms, and two bathrooms.

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Contiguous Medical Office Suites
Contiguous Medical Office Suites

5701 Overseas Hwy 10, Marathon, FL 33050

$725,000
2,556 sqft

Three contiguous office units offer flexible medical or professional office configurations within a prominent highway retail corridor.

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Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

2901 Overseas Highway, Marathon, FL 33050

Contact for pricing
4,560 sqft 0.35 AC lot

Flexible commercial suites occupy the lower level, with two residential apartments above and a rear parcel with canal access.

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Fully Renovated Mixed-Use Property
Fully Renovated Mixed-Use Property

91865 Overseas Highway, Key Largo, FL 33070

$6,495,000

Renovated mixed-use income property with 10 residential units and 5 established commercial tenants.

View details

Islamorada, FL Medical Office Space Market Trends and Statistics

Explore 2 medical office space for sale in Islamorada, FL on our real estate platform.

Sale prices for medical spaces in Islamorada, FL average $4,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 6
Medical Office Space 2
Creative space 1

Demographics Overview

Population 3,632
Population Growth (5Y) +10.9%
Median Household Income $88,214
College Educated 55.8%

High-Yield Neighborhoods for Investment

Identify Islamorada submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
33036 $4.6M

Taxes & Financing

Tax Rate (average for all types) 0.89%
Property Tax per SF $9.44 per SF
Tax Rate vs County Average 0.14 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Monroe County

New Delisted

Total CRE Inventory on Market (SF)

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