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Islamorada, FL Multifamily Properties for Sale

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Lehigh Acres, FL Cape Coral, FL Port Charlotte, FL

Waterfront Compound with Income Potential

$3,524,000

3,524 SF

Waterfront Compound with Income Potential

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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$6,495,000

Oceanfront Land with Redevelopment Potential

Islamorada, FL 33036

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

200' of Oceanfront Property: A substantial oceanfront parcel offering significant value.
Redevelopment Potential: Includes a vacant lot and a lot with a triplex.
Total of 4 Transferable Development Rights (TDRs) included, enhancing development possibilities.
Vacant lot includes an additional 200' of bay bottom.
Enjoy 180‑degree ocean views, ideal for sunrises and observing marine life.

Updated: Dec 10, 2025

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$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

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 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.

Explore Opportunities in Nearby Cities

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

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 Drive, Key Largo, FL 33070

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$799,000

1,496 SF

Updated Duplex Near Harry Harris

Legal duplex near oceanfront park, updated with modern amenities.

102 Harry Harris Drive, Key Largo, FL 33070

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$11,000,000

12,198 SF

Waterfront Residences: Luxury & Income

Three designer homes on a waterfront parcel with income potential.

2394 Coco Plum Drive, Marathon, FL 33050

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$9,900,000

22,000 SF

Grassy Key Marina Investment

Marina with rental income, apartments, and potential for growth.

59073 Overseas Hwy, Marathon, FL 33050

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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.

$369,000

Plantation Key Vacant Land Opportunity

Vacant land with building rights in Plantation Key, Florida.

135 Airstream Lane, Plantation Key, FL 33070

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$260,000

Land in Gated Key Largo Resort

Land with plans in exclusive resort community with amenities.

94825 Overseas Highway, Key Largo, FL 33037

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$715,000

Oceanfront Lot in Key Largo

Waterfront lot with ocean views and included house plans.

94825 Overseas Highway, Key Largo, FL 33037

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$255,000

Waterfront Land in Key Largo

Vacant land with permit ready to build your dream home.

94825 Overseas Highway, Key Largo, FL 33037

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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

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 4 multifamily properties for sale in Islamorada, FL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $10,019,000.

Sale prices for multifamily properties in Islamorada, FL start at $0.00, averaging $2,504,750, and reaching up to $6,495,000 — 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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Islamorada, FL Multifamily Properties for Sale

Waterfront Compound with Income Potential

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