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

Multifamiliar En Venta
$2,899,000

BTC: 45.58176101

ETH: 1,523.67237102

1 días
Frente al mar
0 room(s)
2,409 sqft

Visión general

Exceptional investment and lifestyle opportunity in the heart of Plantation Key. This offering includes a triplex income property together with the adjacent multifamily lot, giving you both immediate rental income and room to grow. In Islamorada, it's rare to find side-by-side multifamily parcels in such a convenient, desirable neighborhood. This CBS triplex is 2,409 sq ft on a 7,500 sq ft lot, with 3 rental units (1/1, 1/1, 2/2), full kitchens and baths, abundant on-site parking, and great outdoor living areas. Units 1 and 3 were renovated with updated interiors that attract solid tenants. In 2025, the dock electric was upgraded with a dedicated meter for dock power, one on each property. Next door, 121 Monroe Drive is an additional multifamily parcel of about 7,500 sq ft, ready for development. Add more units, a pool, covered parking with storage, or enhance outdoor spaces to create a cohesive compound and boost rental revenue. Multifamily waterfront land in Islamorada is limited, and demand for quality rentals remains strong. With recent upgrades and easy access to the mainland, this combined offering is a great opportunity for investors, 1031 buyers, or owner-operators who want a flexible Keys property with income today and room for future build-out and long-term appreciation. Free access to Founders Park, with sandy beach, swimming pool, boat ramp, playground, tennis, pickleball, walking paths, sports fields, dog park and daily fun activities and regular events.

Ubicación

Detalles

Tipo:
Residential Income
Estacionamiento:
Sin datos
Año de construcción:
1972
Lote:
Sin datos
Calefacción:
Heat Strip
precio por sq. medidor:
$1,203
Enfriamiento:
Ceiling Fan(s) / Wall/Window Unit(s)
HOA:
Sin datos

Destacados

Annual tax
$21,308
2025
Waterfront
Canal Front, Canal Width 81-120 Feet
Parking
10 spaces
Más hechos y características
  • Piso

    • Tile

    Calefacción

    • Heat Strip

    Enfriamiento

    • Ceiling Fan(s)

    • Wall/Window Unit(s)

    Otras características interiores

    • Stairs

  • Otra Información de Propiedad

    • Número de Parcela: 00417500000100

    • Zonificación: MF - Multi-Family At

  • Tipo y estilo

    • Tipo de propiedad: Residential Income

    • Subtipo de propiedad: Triplex

  • Otra información financiera

    • Importe anual de impuestos: $21,308

  • Detalles de la fuente

    • MLS ID: A12061389

    Otros hechos

    • Materiales de construcción: CBS Construction

    • Características del lote: 1/4 To Less Than 1/2 Acre Lot

    • Estilo arquitectónico: Attached

    • Frente al mar: Si

    • Salón: 2409

    • Nombre de subdivisión: Vacation Village-AMD (89),24.9961° N latitude

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LoKation