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    Islamorada, FL Multifamily Properties for Sale

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    Key Largo, FL Tavernier, FL Plantation Key, FL
    Waterfront Compound in Lower Matecumbe
    $3,524,000
    3,524 SF

    Waterfront Compound in Lower Matecumbe

    Islamorada, FL 33036

    Luxury multi-family property with income potential and resort-style amenities.

    • Waterfront property with a Transferable Development Right (TDR/TBR) in Islamorada (approx. $650K value).
    • Multi‑family compound featuring two autonomous 2BR/1BA residences upstairs and a separate 3BR/2BA finished area downstairs.
    • Strong income potential, generating $16,000+ per month in rental income when fully rented.
    • Resort‑style waterfront amenities including a private pool, expansive sun deck, outdoor shower, and 70‑foot concrete dock with fish‑cleaning station.
    • Located in the White Marlin Beach community with private gated access to the bay‑side beach and close proximity to the Atlantic Ocean beach.
    Updated: Feb 16
    View details
    Islamorada Waterfront Family Compound
    $3,524,000
    3,524 SF

    Islamorada Waterfront Family Compound

    Islamorada, FL 33036

    Luxury multi-family property with income potential and resort-style amenities.

    • Waterfront property with a 70‑foot concrete dock, fish‑cleaning station, and easy access to the bay and ocean.
    • Multi‑family compound with two autonomous 2BR/1BA residences upstairs and a separate 3BR/2BA finished area downstairs, offering privacy and flexibility.
    • Strong income potential, capable of generating $16,000+ per month in rental income.
    • Includes a Waterfront Transferable Development Right (TDR/TBR) in Islamorada (approx. $650K value).
    • Enjoy resort‑style amenities including a private pool, expansive sun deck, and outdoor shower.
    Updated: Feb 15
    View details
    Oceanfront Property with Redevelopment Potential
    $6,495,000
    1.10 Acres

    Oceanfront Property with Redevelopment Potential

    200' oceanfront with triplex and vacant lot.

    Islamorada, FL 33036
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    Islamorada Redevelopment Opportunity
    $5,500,000
    3,312 SF

    Islamorada Redevelopment Opportunity

    Prime Islamorada property with redevelopment potential in Village Center zone.

    82929 Overseas Highway, Islamorada, FL 33036
    View details
    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.

    Waterfront Duplex with Redevelopment Potential
    $1,250,000
    1,500 SF

    Waterfront Duplex with Redevelopment Potential

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

    230 Apache Street, Plantation Key, FL 33070
    View details
    Key Largo Legal Duplex
    $799,000
    1,496 SF

    Key Largo Legal Duplex

    Updated duplex near Harry Harris Park, generating $5350 monthly.

    102 Harry Harris Drive, Key Largo, FL 33070
    View details
    Charming Multi-Residence Property
    $1,050,000
    1,950 SF

    Charming Multi-Residence Property

    Renovated multi-residence property with lush landscaping in Tavernier.

    162 Jo-Jean Way, Key Largo, FL 33070
    View details
    Waterfront Duplex with Redevelopment Potential
    $1,250,000
    1,500 SF

    Waterfront Duplex with Redevelopment Potential

    Canal-front duplex in Islamorada with income and redevelopment opportunities.

    230 Apache Street, Plantation Key, FL 33070
    View details

    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
    $369,000
    1,169 SF

    Plantation Key Land Opportunity

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

    135 Airstream Lane, Plantation Key, FL 33070
    View details
    Land in Exclusive Key Largo
    $260,000
    0.04 Acres

    Land in Exclusive Key Largo

    Build your dream home in a luxury gated community.

    94825 Overseas Highway, Key Largo, FL 33037
    View details
    Waterfront Land in Key Largo
    $715,000
    0.04 Acres

    Waterfront Land in Key Largo

    Oceanfront lot with sunrise and sunset views in Key Largo.

    94825 Overseas Highway, Key Largo, FL 33037
    View details
    Waterfront Lot in Gated Community
    $345,000
    0.10 Acres

    Waterfront Lot in Gated Community

    Build your dream home in a 55+ waterfront community.

    946 S Topaz Avenue, Key Largo, FL 33037
    View details

    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
    Multifamily properties
    Value Estimation by Request

    207 Russell St, Islamorada, FL 33036

    View details

    Islamorada, FL Multifamily Properties Investment Opportunities Market Analysis

    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 10,360 square feet of properties for sale, with an estimated market value of $12,548,000.

    Sale prices for multifamily properties in Islamorada, FL start at $3,524,000, averaging $4,182,666, and reaching up to $5,500,000 — 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

    Short term rental properties 2
    Apartment buildings 1
    Triplexes 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 median listing prices of real estate assets

    Neighborhood Average Price
    33036 $4.8M

    Taxes & Financing

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

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