Islamorada, FL Multifamily properties for sale

Updated: Feb 15

Waterfront Mixed-Use Marina Property

74560 Overseas Highway, Islamorada, FL 33036

$3,300,000

6,071 sqft 0.34 AC lot

Waterfront commercial property at 74560 Overseas Highway on a 15,000 SF parcel with 100 ft of seawall for up to 8 slips
Zoning supports 4 affordable housing units plus 1 market‑rate residence, along with 5,640 SF of commercial space
Commercial fishing zoning allows uses such as a restaurant, seafood market, marine outfitter, charter, or fishing headquarters
Year built: 1983
Guest facilities: 3

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74560 Overseas Highway, Islamorada, FL 33036

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Est. Cap Rate

2.9%
NOI ÷ price
Est. NOI

$94K
Annual
Mortgage

$750K
Feb 2017
Last Sold

Mar 2019
$2.45M
Property Type

Mixed Use
Built 1983

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Updated: Feb 16

Triplex Compound with Private Dock

Islamorada, FL 33036

$3,524,000

3,524 sqft 0.16 AC lot

1999‑built canal‑front compound with private pool and fenced yard
Multi‑unit layout: two separate 2BR/1BA residences upstairs plus a separate 3BR/2BA finished downstairs area
Total of 7 bedrooms and 4 bathrooms; provides guest accommodations for up to 24
Water access includes a 70‑foot concrete dock with fish‑cleaning station on a 6' control‑depth canal
Outdoor features include expansive concrete sun deck, outdoor shower, and multiple balconies/patios

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CBS Triplex with Waterfront Access

127 & 121 Monroe Dr. 1-3, Islamorada, FL 33070

$2,899,000

2,409 sqft

CBS triplex with three rental units, canal and ocean access, and abundant on-site parking in Islamorada.

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Historic Mobile Home Park

82925 Overseas Hwy, Islamorada, FL 33036

$3,300,000

Two contiguous parcels support continued operations or redevelopment with eight market-rate development rights.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 4 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, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Triplex and Adjacent Multifamily Lot

127 & 121 Monroe Drive, Plantation Key, FL 33070

$2,899,000

2,409 sqft 0.34 AC lot

Concrete triplex with three rental units plus an adjacent multifamily lot, offering expansion flexibility with on-site parking and outdoor space.

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Oceanfront Short-Term Rental Townhome

136 Aregood Lane Unit 2A, Plantation Key, FL 33036

$950,000

1,152 sqft

Two-level coastal townhome with weekly rental eligibility, assigned boating access, and shared waterfront amenities.

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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.

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Charming Multi-Residence Property

162 Jo-Jean Way, Key Largo, FL 33070

$1,050,000

1,950 sqft 0.23 AC lot

Renovated multi-residence property with lush landscaping in Tavernier.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Plantation Key Land Opportunity

135 Airstream Lane, Plantation Key, FL 33070

$399,000

0.08 AC lot

Land with building rights near Founders Park, restaurants, and schools.

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Land in Exclusive Key Largo

94825 Overseas Highway, Key Largo, FL 33037

$260,000

0.04 AC lot

Build your dream home in a luxury gated community.

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Waterfront Land in Key Largo

94825 Overseas Highway, Key Largo, FL 33037

$715,000

0.04 AC lot

Oceanfront lot with sunrise and sunset views in Key Largo.

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RV Ready Lot in Key Largo

325 Calusa Street, Key Largo, FL 33037

$335,000

0.04 AC lot

Private RV lot with amenities near beaches, shops, and restaurants.

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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.

Multifamily properties

207 Russell St, Islamorada, FL 33036

Value Estimation by Request

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Islamorada, FL Multifamily Properties Market Trends and Statistics

Explore 5 multifamily properties for sale in Islamorada, FL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 12,004 square feet of properties for sale, with an estimated market value of $13,023,000.

Sale prices for multifamily properties in Islamorada, FL start at $2,899,000, averaging $3,255,750, and reaching up to $3,524,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
Tavernier - 33070	$2.9M
Islamorada - 33036	$3.6M

Neighborhood

Average Price

Tavernier - 33070

$2.9M

Islamorada - 33036

$3.6M