Multifamily

Plantation Key, FL Multifamily Properties for Sale

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Tavernier, FL Key Largo, FL Islamorada, FL Homestead, FL Long Key, FL
Triplex and Adjacent Multifamily Lot
Updated: Jun 15
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 at 127 Monroe Dr built in 1972: about 2,400 sq ft on a 7,500 sq ft lot with 3 rental units (1/1, 1/1, 2/2).
Each unit includes full kitchen(s) and bath(s); interiors feature tile and laminate flooring.
On‑site parking includes open spaces and RV parking, plus a patio for outdoor living.
Ductless HVAC system (ductless heating and cooling); appliances include washer, dryer, dishwasher, refrigerator, oven, and microwave.
Dock electric upgraded in 2025 with dedicated meter(s) for dock power (one on each property).
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Plantation Key, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Residential Income
Residential Income

13-127 Monroe Dr, Tavernier, FL 33070

$2,899,000
2,409 sqft

Triplexes · 2,409 SF

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Furnished Condo Suite with Balcony
Furnished Condo Suite with Balcony

500 BURTON DR, Tavernier, FL 33070

Contact for pricing
841 sqft

Fully furnished 2-bed, 2-bath suite with waterfront-facing primary bedroom and private balcony in Ocean Pointe.

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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.

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Charming Multi-Residence Property
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
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
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
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
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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Plantation Key, FL Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Plantation Key, FL on our real estate platform. These investment opportunities span a total of 2,409 square feet of properties for sale, with an estimated market value of $2,899,000.

Sale prices for multifamily properties in Plantation Key, FL average $2,899,000 — 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

Triplexes 1

Demographics Overview

Population 9,246
Population Growth (5Y) +6.3%
Median Household Income $81,544
College Educated 53.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
Tavernier - 33070 $2.1M

Listings Trend

New vs delisted commercial listings in Monroe County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Monroe County

Retail

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