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Islamorada, FL Multifamily Properties for Sale

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Islamorada Multifamily Investment Opportunity
$895,000
1,766 SF

Islamorada Multifamily Investment Opportunity

219 Preston St Upper Matecumbe Ky, Islamorada, FL 33036

Two cottages in Islamorada's vibrant, walkable district. Investment potential.

  • Prime Downtown Islamorada Location: Steps to the ocean, walkable to restaurants, festivals, the Arts District, and key attractions.
  • Two Cottages on One Property: Offers flexibility to live in one and rent the other, or rent both for maximum income.
  • Investment Opportunity: Exceptional investment potential in a highly desirable, walkable area.
  • Versatile Property: Can be used as a single‑family home or a duplex/multifamily property.
  • Cottage Sizes: Front cottage with 2 bedrooms/1 bath (+/- 866 sq. ft.) and back cottage with 2 bedrooms/1 bath (+/- 900 sq. ft.).
Updated: Feb 27
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Waterfront Compound with Income Potential
$3,524,000
3,524 SF

Waterfront Compound with Income Potential

110 Gulfview Dr, Islamorada, FL 33036

Luxury multi-family compound with income potential in Lower Matecumbe, FL.

  • Rare multi‑family compound featuring two 2BR/1BA residences upstairs and a separate 3BR/2BA downstairs.
  • Waterfront property with a 70‑foot concrete dock offering easy access to bay and ocean, plus a transferable development right (TDR/TBR) valued at approximately $650K.
  • Strong income potential, capable of generating $16,000+ per month in rental income when fully rented.
  • Enjoy resort‑style amenities including a private pool, expansive sun deck, and outdoor shower.
  • Private gated access to White Marlin Beach and proximity to grocery stores, marinas, restaurants, and bike paths.
Updated: Feb 16
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Islamorada Development Opportunity
$3,300,000

Islamorada Development Opportunity

Two commercial parcels for development at entry to Islamorada.

82925 Overseas Hwy Upper Matecumbe Ky, Islamorada, FL 33036
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Islamorada Redevelopment Opportunity
$5,500,000

Islamorada Redevelopment Opportunity

Prime Islamorada property with redevelopment potential in a desirable location.

82929 Overseas Hwy Upper Matecumbe Ky, Islamorada, FL 33036
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Oceanfront Land with Redevelopment Potential
$6,495,000

Oceanfront Land with Redevelopment Potential

200' oceanfront property with redevelopment possibilities in Lower Matecumbe, FL.

75131 Overseas Hwy, Islamorada, FL 33036
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 5 Active listings in Islamorada, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

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

Plantation Key Multi-Family Opportunity
$995,000
1,608 SF

Plantation Key Multi-Family Opportunity

Legal duplex with unpermitted efficiency in prime Islamorada location.

112 S Rolling Hl Rd, Plantation Key, FL 33070
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Waterfront Duplex with Redevelopment Potential
$1,350,000
1,500 SF

Waterfront Duplex with Redevelopment Potential

Canal-front duplex in Plantation Key with income and redevelopment opportunities.

228 Apache St, Plantation Key, FL 33070
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Updated Duplex Near Harry Harris
$799,000
1,496 SF

Updated Duplex Near Harry Harris

Legal duplex near oceanfront park, updated with modern amenities.

102 Harry Harris Dr, Key Largo, FL 33070
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Key Largo Multifamily Investment Opportunity
$750,000
2,197 SF

Key Largo Multifamily Investment Opportunity

Multifamily property with vacant lot near Tavernier park.

185 Dove Lake Dr, Key Largo, FL 33070
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Explore Off-Market Properties in Islamorada, FL

Consider similar Off-Market properties in Islamorada, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

207 Russell St

207 Russell St

Multifamily properties
Value Estimation by Request
207 Russell St, Islamorada, FL 33036
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Islamorada, FL Multifamily Properties Investment Opportunities Market Analysis

Explore 6 multifamily properties for sale in Islamorada, FL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 8,276 square feet of properties for sale, with an estimated market value of $895,000.

Sale prices for multifamily properties in Islamorada, FL start at $895,000, averaging $895,000, and reaching up to $895,000 — 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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