
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.
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*Private Mortgage Insurance - included if downpayment is less than 20% of mortgage.
**Monthly payment - a sum of Principle, Interest, PMI, Tax, Insurance.
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