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Islamorada,FL 33036
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 6,071 sqft
Price per Sqft $658
Subdivision Matecumbe Sandy Beach
MLS Listing ID A11883039
Style Fourplex
HOA Y/N No
Year Built 1983
Annual Tax Amount $18,004
Tax Year 2025
Property Sub-Type Quadruplex
Property Description
Investor or Developer Opportunity in the Heart of Islamorada!
This waterfront property features 8 income-producing units in excellent condition, including seven 1-bedroom/1-bath units and one penthouse 3-bedroom/2-bath unit.
All units are currently leased, offering immediate cash flow. Enjoy ample parking, a premium location directly on Overseas Highway, and frontage to the water — a rare find in such a central area.
Zoning allows for multiple possibilities. Whether you're looking to expand, redevelop, or simply enjoy stable income, this property is a must-see in the Florida Keys.
Walking distance to restaurants, shops, marinas, and more.
Location
State FL
County Monroe
Community Matecumbe Sandy Beach
Area 98 Florida Keys
Interior
Heating None
Cooling Ceiling Fan(s),Electric
Flooring Ceramic Tile,Tile,Vinyl
Exterior
Pool None
Utilities Available Cable Not Available
Waterfront Description Canal Front,Ocean Front
Roof Type Flat,Tile
Total Parking Spaces 15
Private Pool No
Building
Lot Description < 1/4 Acre
Story 3
Sewer Public Sewer
Architectural Style Fourplex
Structure Type Brick,Block
Others
Tax ID 00394480-000105
Acceptable Financing Cash,Conventional,Owner May Carry
Listing Terms Cash,Conventional,Owner May Carry