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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
    Downtown Three-Unit Income Property
    Updated: Jun 30
    Downtown Three-Unit Income Property

    81160 Old Highway, Upper Matecumbe Key, Islamorada, FL 33036

    $1,295,000
    2,684 sqft 0.18 AC lot
    3‑plex in downtown Islamorada with 3 separate units
    6 bedrooms and 3 baths total across the property
    Two units are remodeled
    Currently fully rented on annual leases
    Two separate electric meters and one water meter
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    This listing looks promising.

    Here's a quick look at some key insights for

    81160 Old Highway, Upper Matecumbe Key Islamorada, FL 33036

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    • Est. Cap Rate

      3.5%
      NOI ÷ price

    • Est. NOI

      $45K
      Annual

    • Price @ 7% Cap

      $642K
      Suggested

    • Property Type

      Multi-Family Dwellings
      Built 1972
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    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
    Waterfront property with a Transferable Development Right (TDR/TBR) in Islamorada (approx. $650K value).
    Multi‑family compound featuring two autonomous 2BR/1BA residences upstairs and a separate 3BR/2BA finished area downstairs.
    Strong income potential, generating $16,000+ per month in rental income when fully rented.
    Resort‑style waterfront amenities including a private pool, expansive sun deck, outdoor shower, and 70‑foot concrete dock with fish‑cleaning station.
    Located in the White Marlin Beach community with private gated access to the bay‑side beach and close proximity to the Atlantic Ocean beach.
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    Oceanfront Property with Redevelopment Potential
    Oceanfront Property with Redevelopment Potential

    Islamorada, FL 33036

    $6,495,000
    1.10 AC lot

    200' oceanfront with triplex and vacant lot.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 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.

    Turnkey Renovated Triplex with Coin Laundry
    Turnkey Renovated Triplex with Coin Laundry

    9415 & 9417 (A & B) SW 38th St, Miami, FL 33165

    $1,300,000
    2,612 sqft

    Completely renovated triplex with three units, ample on-site parking, and a coin-operated laundry machine for added income.

    View details
    Waterfront Residences: Luxury & Income
    Waterfront Residences: Luxury & Income

    2394 Coco Plum Drive, Marathon, FL 33050

    $11,000,000
    12,198 sqft 1.31 AC lot

    Three designer homes on a waterfront parcel with income potential.

    View details
    Three-Residence Waterfront Triplex
    Three-Residence Waterfront Triplex

    2394 Coco Plum Drive, Marathon, FL 33050

    $11,000,000

    Three designer residences built in 2019, each with its own pool, dock, and impact-rated windows and doors.

    View details
    Triplex Income Property
    Triplex Income Property

    10120 W Fern St, Miami, FL 33157

    $1,200,000

    Triplex with two attached 3-bedroom units and one detached 2-bedroom unit, plus 6 parking spaces.

    View details

    Islamorada, FL Triplexes Market Trends and Statistics

    Explore 3 triplexes for sale in Islamorada, FL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,208 square feet of properties for sale, with an estimated market value of $4,819,000.

    Sale prices for three-family homes in Islamorada, FL start at $1,295,000, averaging $2,409,500, 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 3
    Short term rental properties 2
    Apartment buildings 1
    Duplexes 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
    33036 $3.9M

    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

    Retail

    Residential Income

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