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    Islamorada, FL
    Residential Income

    Islamorada, FL Residential Income Properties for Sale

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    Tavernier, FL Key Largo, FL Plantation Key, FL Homestead, FL Long Key, FL
    6 properties
    Triplex Compound with Private Dock
    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
    Updated: Jul 31
    CBS Triplex with Waterfront Access

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

    $2,899,000
    2,409 sqft
    2,409 sq ft CBS triplex on a 7,500 sq ft lot with canal access and ocean access
    Three rental units: 1/1, 1/1, and 2/2 with full kitchens and baths
    Units 1 and 3 renovated with updated interiors
    Dock electric upgraded in 2025 with dedicated meter for dock power, one on each property
    Adjacent lot at 121 Monroe Drive is about 7,500 sq ft and ready for development
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    Mixed-Use Compound with Rental Units
    Mixed-Use Compound with Rental Units

    82891 Overseas Highway, Islamorada, FL 33036

    $2,100,000
    476 sqft 0.17 AC lot

    Commercial improvements combine a fortified shop-office with multi-unit accommodations and dedicated vehicle staging.

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    See what stands out in Monroe County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Local Demand available after sign in
    Waterfront Mixed-Use Marina Property
    Waterfront Mixed-Use Marina Property

    74560 Overseas Highway, Islamorada, FL 33036

    $3,300,000
    6,071 sqft 0.34 AC lot

    Waterfront asset with a seawall for up to eight slips and zoning for income-generating residential units plus commercial space.

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    Mixed-Use Live-Work Property
    Mixed-Use Live-Work Property

    Islamorada, FL 33036

    $1,680,000

    Mixed-use property on the Overseas Highway with ocean views and substantial parking, currently configured with residential/commercial spaces.

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    Historic Mobile Home Park
    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 16 Potential Opportunities for your consideration. Besides 6 Active listings in Islamorada, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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
    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
    Oceanfront Short-Term Rental Townhome

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

    $925,000
    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
    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.

    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.

    Bayfront Land in Islamorada, FL
    Bayfront Land in Islamorada, FL

    150 List Street, Upper Matecumbe Key, Islamorada, FL 33036

    $4,499,500
    0.78 AC lot

    Prime bayfront property with development potential and existing cottage.

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    Islamorada Oceanfront Acreage Opportunity
    Islamorada Oceanfront Acreage Opportunity

    82900 Old Highway, Upper Matecumbe Key, Islamorada, FL 33036

    $6,750,000
    7.78 AC lot

    7+ acre oceanfront property with 700 feet of beachfront.

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    Oceanfront Property with Redevelopment Potential
    Oceanfront Property with Redevelopment Potential

    Islamorada, FL 33036

    $5,999,000
    0.83 AC lot

    200' oceanfront with triplex and vacant lot.

    View details
    Oceanfront Lot in Lower Matecumbe
    Oceanfront Lot in Lower Matecumbe

    Islamorada, FL 33036

    $2,000,000
    0.40 AC lot

    100' wide oceanfront lot with bay bottom and TDR.

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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.

    207 Russell St
    Multifamily properties

    207 Russell St, Islamorada, FL 33036

    Value Estimation by Request
    View details
    Overseas Hwy
    Land

    0 Overseas Hwy, Islamorada, FL 33036

    Value Estimation by Request
    View details

    Islamorada, FL Residential Income Properties Market Trends and Statistics

    Explore 8 residential income properties for sale in Islamorada, FL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 12,480 square feet of properties for sale, with an estimated market value of $16,803,000.

    Sale prices for residential income properties in Islamorada, FL start at $1,680,000, averaging $2,800,500, 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 6
    Triplexes 2
    Apartment buildings 1
    Mobile home & RV parks 1
    Quadplexes 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 average listing prices of real estate assets

    Neighborhood Average Price
    Tavernier - 33070 $2.9M
    Islamorada - 33036 $3.3M

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Monroe County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Popular Searches in Islamorada, FL

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    Most Searched ZIP Codes in Islamorada, FL

    • 33036
    • 33070

    Featured Islamorada Real Estate Agencies

    Realmo connects you with licensed Islamorada CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Berkshire Hathaway HomeServices Freewheeler Realty
    85992 Overseas Hwy, P.O. Box 1634 Islamorada, FL 33036
    Phone: 13056644444
    www.bhhsfreewheeler.com

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