Rare Downtown Islamorada, Florida Keys Opportunity! Located just off the Old Hwy, oceanside, in the sought-after Matecumbe Beach neighborhood on Upper Matecumbe Key. This versatile property features two charming cottages on one property, just steps from festivals, the Arts District, Library Beach, Cheeca Lodge, Historical Hurricane Monument and some of the island's finest dining. The front cottage offers 2 bedrooms and 1 bath with +/-866 sq. ft., while the back cottage includes 2 bedrooms and 2 baths with +/-900 sq. ft. Enjoy the option to live in one and rent the other, or maximize income by renting both. An exceptional investment in a prime location, right in the heart of Islamorada's most vibrant and walkable district.
Coldwell Banker Schmitt Real E
Features & Details
Learn about the features and details of A11891298
Property Details
Property Type
SingleFamilyResidence
Living Area
1,766 sqft
Year Built
1934
Lot Size
-
Stories
-
Annual Tax
$7,824.00
List Date
10/6/2025
Updated
10/7/2025
Last Checked
Recent
MLS Number
#A11891298
Brokerage
Coldwell Banker Schmitt Real E
Postal Code
33825
Area
Highlands
City
-
Additional Property Features
Occupancy
Tenant
List Price
$1,250,000.00
Unit Number
-
Construction
Frame,Stucco
Heating
Central
Fireplaces
-
Garage
4 Car Garage
Parking Type
No
Pets Allowed
No
Air Conditioning
Central Air, Ceiling Fans
Elevator
No
Locker
No
Swimming Pool
None
Patio
No
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
No
Assessment Year
2024
Assignment
No
Extras Included
Refrigerator, Washer
Inside
Bedrooms & Baths
4 Bed, 3 Bath
Bedrooms
4
Full Bathrooms
3
Ensuite
Yes
Bathrooms
3
Flooring
Mixed
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Price history
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Mortgage Calculator
Estimate monthly payments for null
$0
20.0%
$1,250,000
1%
5.25%
10%
25 Years
Monthly
Estimated Monthly Payment
$5,992
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Cash Flow Analysis
Mortgage Payment:
$5,992.48
Monthly Payment:
$6,644.48
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.
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Discover this exceptional singlefamilyresidence in the heart of . This well-appointed property offers 4 bedrooms, 3 bathrooms, 1,766 square feet of living space. Originally built in 1934. Offered at $1,250,000.00 The property comes with Refrigerator, Washer. Don't miss this opportunity to own in one of the area's most desirable locations.
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Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. 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. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.