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    Islamorada, FL
    Triplex

    Islamorada, FL Triplexes for Sale

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    Key Largo, FL Tavernier, FL Plantation Key, FL Homestead, FL Long Key, FL
    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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    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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Islamorada, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Updated Triplex with Parking
    Updated Triplex with Parking

    10833 2nd Avenue Gulf, Marathon, FL 33050

    $979,000
    2,111 sqft 0.10 AC lot

    Three leased units include two two-bedroom apartments and an efficiency with kitchenette.

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    Updated Triplex Near Harry Harris Park
    Updated Triplex Near Harry Harris Park

    235 Antigua Road, Key Largo, FL 33070

    $679,000
    2,330 sqft 0.12 AC lot

    Three residences provide a combined five bedrooms and four bathrooms.

    View details
    Mixed-Use Retail and Apartments
    Mixed-Use Retail and Apartments

    6799 Overseas Hwy, Marathon, FL 33050

    Contact for pricing
    4,858 sqft 0.24 AC lot

    Two-story concrete building with three retail/office units on the ground floor and three residential apartments above.

    View details
    Three-Unit Income Property
    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.

    View details

    Islamorada, FL Triplexes Market Trends and Statistics

    Explore 2 triplexes for sale in Islamorada, FL on our real estate platform. These investment opportunities span a total of 5,933 square feet of properties for sale, with an estimated market value of $6,423,000.

    Sale prices for three-family homes in Islamorada, FL start at $2,899,000, averaging $3,211,500, 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

    Triplexes 2
    Apartment buildings 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 $3.8M

    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)

    Average Property Price per SF

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

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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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