Plantation Key, FL Residential income properties for sale

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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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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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.

CBS Triplex with Waterfront Access

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

$2,899,000

2,409 sqft

CBS triplex with three rental units, canal and ocean access, and abundant on-site parking in Islamorada.

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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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Renovated Duplex with Guest Cottage

162 Jo-Jean Way, Key Largo, FL 33070

$1,050,000

1,950 sqft 0.23 AC lot

Two updated residences share a landscaped lot with separate access, parking, storage, and no HOA.

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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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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

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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Three-Unit Income Property

185 Dove Lake Drive, Key Largo, FL 33070

$750,000

2,197 sqft 0.28 AC lot

Triplex-style property features three rental units and includes a separate vacant lot.

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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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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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Plantation Key, FL Residential Income Properties Market Trends and Statistics

Explore 1 residential income 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 residential income 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.

Neighborhood	Average Price
Islamorada - 33036	$950K
Tavernier - 33070	$2.9M

Neighborhood

Average Price

Islamorada - 33036

$950K

Tavernier - 33070

$2.9M

Plantation Key, FL Residential Income Properties for Sale

127 & 121 Monroe Drive, Plantation Key, FL 33070