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219 Preston Street, 
Islamorada, FL 33036

$1,250,000

4

Beds

3

Baths

1,766

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Patti Stanley

Coldwell Banker Schmitt Islamorada

305-664-4470

Last updated:

October 31, 2025, 03:04 PM

MLS#

616583

Source:

FL FKBOR

About This Home

219 Preston Street

Rare Downtown Islamorada Opportunity... Just steps to the ocean, sunrises and sunsets. Walk to everything you love in Islamorada! 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.

Home Facts

Multi-Family

3 Baths

4 Bedrooms

Built in 1934

Price Summary

1,250,000

$707 per Sq. Ft.

MLS #:

616583

Last Updated:

October 31, 2025, 03:04 PM

Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

1,766 Sq. Ft.

Structure

Structure

Architectural Style:

Duplex

Building Area:

1,766 Sq. Ft.

Year Built:

1934

Lot

Lot Size (Sq. Ft):

8,276

Finances & Disclosures

Finances

Price:

$1,250,000

Price per Sq. Ft:

$707 per Sq. Ft.

Source:FL FKBOR
The information being provided by Florida Keys Board Of REALTORS®, Inc. is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Florida Keys Board Of REALTORS®, Inc. All rights reserved.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.