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.Show Description MLS® NumberA11883039
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1983
Basement
Driveway
Garage Spaces
HeatNone
A/CCeiling Fan(s), Electric
Heating Fuel
Deeded Dock, Dock Available, Private Dock