105 Palm AVE, Upper Matecumbe Key Islamorada, FL 33036
105 Palm AVE, Upper Matecumbe Key Islamorada, FL 33036
105 Palm AVE, Upper Matecumbe Key Islamorada, FL 33036
105 Palm AVE, Upper Matecumbe Key Islamorada, FL 33036
105 Palm AVE, Upper Matecumbe Key Islamorada, FL 33036
105 Palm AVE, Upper Matecumbe Key Islamorada, FL 33036
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Listed by Judy Rossignol Paradise Florida Keys Real Estate, a Luxury Brand
$ 4,600,000
Est. payment | /mo

1 Bed

4 Baths

9,225 Sqft Lot


$ 4,600,000
Est. payment | /mo

1 Bed

4 Baths

9,225 Sqft Lot

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Grove Park (81.5)

MLS Listing ID 618814

Bedrooms 1

Full Baths 1

Half Baths 3

HOA Y/N No

Year Built 1951

Annual Tax Amount $17,206

Tax Year 2025

Lot Size 9,225 Sqft

Acres 0.21

Lot Dimensions 9225

Property Sub-Type Commercial

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

Location

State FL

County Monroe

Area 23 - Upper Matecumbe

Zoning HC - Highway Commercial

Direction Located on Old Highway and visible from Overseas Highway at MM 81.5

Interior

Heating Heat Pump

Cooling Wall/Window Unit(s), Central Air

Flooring Tile

Window Features Impact Rstnce Doors,Impact Rstnce Window

Appliance Dryer, Washer, Dishwasher, Range, Refrigerator

Exterior

Utilities Available FKAA, Municipal Sewer, Buyer To Verify

Waterfront Description None

Roof Type Combo Roof

Garage No

Building

Story 1

Level or Stories 1

Others

HOA Fee Include Other

Tax ID 00398750-000000

Miscellaneous Highway Frontage, Handicap Access, High Traffic Location, Residence on Premise, Fencing

Virtual Tour https://tours.keyspropertyvisuals.com/vtnb/361434

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105 Palm AVE