105 Palm Avenue, Upper Matecumbe Key Islamorada, FL

$4,600,000

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1

Bed

4

Baths

0.21

Acres

About 105 Palm Avenue

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

Features of 105 Palm Avenue

MLS® # 618814
Price $4,600,000
Bedrooms 1
Bathrooms 4.00
Full Baths 1
Half Baths 3
Acres 0.21
Year Built 1951
Type Commercial Sale
Sub-Type Commercial
Status Active

Community Information

Address 105 Palm Avenue
Area 23 - Upper Matecumbe
Subdivision Grove Park (81.5)
City Upper Matecumbe Key Islamorada
County Monroe
State FL
Zip Code 33036

Amenities

Utilities FKAA, Municipal Sewer, Buyer to Verify
View No Waterview
Is Waterfront No
Waterfront None
Has Pool No

Interior

Appliances Refrigerator, Range, Washer, Dryer, Dishwasher
Heating Heat Pump
Cooling Central Air, Wall/Window Unit(s)
Fireplace No
# of Stories 1
Has Basement No

Exterior

Lot Description Less Than 1/4 Acre
Windows Impact Rstnce Window, Impact Rstnce Doors
Roof Combo Roof
Construction CBS, Combo Construction

Additional Information

Date Listed February 10th, 2026
Days on Market 64
Zoning HC - Highway Commercial
Short Sale No
RE / Bank Owned No

Listing Details

AgentJudy Rossignol
OfficeParadise Florida Keys Real Estate, a Luxury Brand

Listing Map

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