Islamorada, FL Residential income properties for sale

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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Waterfront Commercial Asset with Redevelopment Potential

$4,100,000

6,071 SF

Waterfront Commercial Asset with Redevelopment Potential

Waterfront commercial property with redevelopment potential and multiple revenue streams.

74560 Overseas Highway, Islamorada, FL 33036

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Islamorada Mixed-Use Commercial Property

$1,899,000

3,000 SF

Islamorada Mixed-Use Commercial Property

Luxury mixed-use property with highway frontage and flexible commercial/residential space.

87847 Overseas Hwy, Islamorada, FL 33036

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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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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.

$1,650,000

Oceanfront Land with Building Permit

Rare oceanfront parcel with approved building permit in Plantation Key.

229 Coral Road, Plantation Key, FL 33036

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$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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$950,000

Waterfront Land in Plantation Key

Waterfront canal lot ready for your dream home.

148 Tequesta Street, Plantation Key, FL 33070

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$424,000

0.15 Acres

Plantation Key Waterfront Lot

Waterfront lot with deep water access and owner financing.

Lot 24 Gardenia St, Plantation Key, FL 33070

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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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Overseas Hwy

Land

Value Estimation by Request

0 Overseas Hwy, Islamorada, FL 33036

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Islamorada, FL Residential Income Properties Investment Opportunities Market Analysis

Explore 7 residential income properties for sale in Islamorada, FL, showcased through 5 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 $11,918,000.

Sale prices for residential income properties in Islamorada, FL start at $0.00, averaging $1,702,571, 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.

Islamorada, FL Residential Income Properties for Sale

Waterfront Compound with Income Potential

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

Oceanfront Land with Redevelopment Potential

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