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105 Palm Avenue

Upper Matecumbe Key Islamorada, FL 33036
  • $4,600,000
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 618814
UPDATED: 81 min ago
$4,600,000
  • 1
    BEDS
  • 0.21
    ACRES
  • 1
    BATHS
  • 3
    1/2 BATHS
  • 2,965
    SQFT
  • $1,551
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1951
County:

School Ratings & Info

Description

This is an exceptionally rare chance to secure a versatile mixed use commercial property in Islamorada's most established business corridors. Sale does not include real estate business. These three building and the land are ideally positioned for a wide range of commercial uses. Its central location within the Village of Islamorada provides strong access to both local residents and year-round visitor activity, making it an appealing option for investors and owner-operators.The building features a practical, adaptable layout suitable for professional offices, medical or wellness services, boutique retail, administrative operations, or specialty businesses. Large front-facing windows bring in natural light and enhance street presence, creating an inviting entry point for customers and clients. The interior opens into a flexible main area that can function as a reception space, retail floor, open office environment, or showroom. The footprint also supports the creation of private offices, treatment rooms, or storage areas, allowing businesses to tailor the space to their operational needs.On-site parking adds significant value, providing convenient access for customers and employees--an important advantage in Islamorada's commercial zones. Excellent signage opportunities ensure strong brand exposure. Easy ingress and egress make the location suitable for both destination-based and walk-in business models. Surrounded by established businesses, restaurants, marinas, and residential neighborhoods, the property benefits from a diverse and active customer base. Islamorada's strong local economy and tourism-driven demand enhance the long-term appeal of this location. With limited standalone commercial inventory available in the Upper Keys, 81579 Old Highway offers a unique setting for multiple uses within walking distance to Cheeca Lodge, The Moorings, and Worl Wide Sportsman. Totally renovated in 2019. Virtual tour www.166bayviewdrive,com

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Keys Home Network are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.keyshomenetwork.com/homes/173335249
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105 Palm Avenue Upper Matecumbe Key Islamorada, FL 33036

  • Price: $4,600,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 81 min ago
  • MLS #: 618814
1
Beds
1
Baths
3
½ Baths
0.21
Acres
2,965
SQFT
$1,551
$/SQFT
1951
Built
Neighborhood:
Grove Park (81.5)
County:
Monroe
Area:
23 - Upper Matecumbe
Property Description
This is an exceptionally rare chance to secure a versatile mixed use commercial property in Islamorada's most established business corridors. Sale does not include real estate business. These three building and the land are ideally positioned for a wide range of commercial uses. Its central location within the Village of Islamorada provides strong access to both local residents and year-round visitor activity, making it an appealing option for investors and owner-operators.The building features a practical, adaptable layout suitable for professional offices, medical or wellness services, boutique retail, administrative operations, or specialty businesses. Large front-facing windows bring in natural light and enhance street presence, creating an inviting entry point for customers and clients. The interior opens into a flexible main area that can function as a reception space, retail floor, open office environment, or showroom. The footprint also supports the creation of private offices, treatment rooms, or storage areas, allowing businesses to tailor the space to their operational needs.On-site parking adds significant value, providing convenient access for customers and employees--an important advantage in Islamorada's commercial zones. Excellent signage opportunities ensure strong brand exposure. Easy ingress and egress make the location suitable for both destination-based and walk-in business models. Surrounded by established businesses, restaurants, marinas, and residential neighborhoods, the property benefits from a diverse and active customer base. Islamorada's strong local economy and tourism-driven demand enhance the long-term appeal of this location. With limited standalone commercial inventory available in the Upper Keys, 81579 Old Highway offers a unique setting for multiple uses within walking distance to Cheeca Lodge, The Moorings, and Worl Wide Sportsman. Totally renovated in 2019. Virtual tour www.166bayviewdrive,com
Exterior Features

Building Height Ft 20.00 Construction CBSCombo Construction Dockage None Land Size Less Than 1/4 Acre Lot Size 9225 Miscellaneous Handicap AccessHighway FrontageHigh Traffc LocationFencingResidence on Premise Parking Spaces 14 Roof Combo Roof Side Ocean Style Commercial Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances RefrigeratorDishwasherDryerWasherRange Cooling Heating Central AirWall/Window Unit(s) Floor Tile Windows Doors Impact Rstnce WindowImpact Rstnce Doors

Property Features

Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City ISLAMORADA Commercial Type Office BuildingsOther ServicesRetail Control Depth 0 Deed Restrictions No Fee Includes Other Fema List No Legal BK 10 LT 15 & ADJ 16' STRIP OF LAND LYING NW OF LOT 15 GROVE PARK ADDTN PB1-196 UPPER MATECUMBE G5-231..... Listing Board Florida Keys Mile Marker 81.50 Potential Short Sale No Potential Short Sale Financial Status No Property Type Commercial Recorded Plat Yes Sq Ft Source Tax Records Tax Year 2025 Taxes 17206.00 Title Title Ins - Buyer Utilities FKAABuyer to VerifyMunicipal Sewer Zoning HC - Highway Commercial

Listing courtesy of Judy Rossignol of Paradise Florida Keys Real Estate, a Luxury Brand: (305) 393-0523.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Keys Home Network are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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