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Islamorada Waterfront Homes for Sale Under $1.5 Million

Islamorada, known as the Village of Islands, encompasses Plantation Key, Windley Key, Upper Matecumbe Key, and Lower Matecumbe Key. Waterfront inventory here is limited and values run higher than most of the Keys. This page shows canalfront, bayfront, and oceanfront homes priced under $1.5 million, updated in real time from the MLS.

Islamorada draws serious boaters and anglers for good reason. Oceanfront properties sit on the Atlantic side with direct access to world-class offshore fishing. Canalfront homes offer protected dockage with quick runs to both the ocean and Florida Bay. Bayfront properties face the backcountry flats on Florida Bay, the waters that define Islamorada's reputation as the Sport Fishing Capital of the World.

Use the search tools above to filter by price, water type, or size. For a personalized search or questions about a specific listing, contact Jim Signor at 305-394-4449.

Frequently Asked Questions

What counts as a waterfront home in Islamorada?

A waterfront home in Islamorada has direct water frontage, including canalfront lots with dockage, bayfront properties on Florida Bay, and oceanfront homes facing the Atlantic.

Are there waterfront homes in Islamorada available under $1.5 million?

Yes, though options are limited. Islamorada waterfront values run higher than most of the Keys, but properties still appear in this range.

What is the difference between canalfront, bayfront, and oceanfront homes in Islamorada?

Canalfront homes offer protected dockage with quick access to both the ocean and Florida Bay. Bayfront properties face the backcountry flats on Florida Bay. Oceanfront homes face the Atlantic and direct access to offshore fishing.

How often are these Islamorada waterfront listings updated?

Listings are pulled directly from the Florida Keys MLS and updated every five minutes.

Islamorada Homes for Sale

182 Airstream Ln, Tavernier image
182 Airstream Ln, Tavernier $1,250,000

Welcome to stunning Florida Bay views and breathtaking sunsets in the heart of Plantation Key! This beautifully remodeled and fully furnished modular home offers the perf...

  • 2 Beds
  • 2 Baths
  • 620396 MLS
140 Iroquois Dr, Islamorada image
140 Iroquois Dr, Islamorada $1,495,000

Experience the ultimate Keys lifestyle in this beautifully furnished and impeccably maintained waterfront pool home in desirable Lower Matecumbe Key. Offering 60 feet of ...

  • 3 Beds
  • 3 Baths
  • 620353 MLS
84961 Old Hwy Unit LOT 27, Islamorada image
84961 Old Hwy Unit LOT 27, Islamorada $899,000

Memories begin here. Tucked along the ocean's edge and offering the kind of lifestyle buyers spend years searching for, this one-of-a-kind oceanfront retreat delivers the...

  • 1 Beds
  • 1 Baths
  • 620039 MLS
132 Gardenia St, Tavernier image
132 Gardenia St, Tavernier $1,200,000

Everything you need and nothing you don't. This ground-level 3-bedroom, 3-bathroom home offers an easy, functional layout with that unmistakable Florida Keys feel the mom...

  • 3 Beds
  • 3 Baths
  • 619593 MLS
319 Woods Ave, Tavernier image
319 Woods Ave, Tavernier $1,090,000 ▼

Charming 2-bedroom, 2-bath ground-level canal-front home located in a highly desirable Florida Keys neighborhood. The home features a split floor plan with a one-bedro...

  • 2 Beds
  • 2 Baths
  • 618962 MLS
84961 Old Hwy Unit 18, Islamorada image
84961 Old Hwy Unit 18, Islamorada $999,000

Beautiful Atlantic Ocean views surround this newer concrete home featuring an open-concept floor plan with 2 bedrooms and 2 bathrooms. Tastefully furnished with a coastal...

  • 2 Beds
  • 2 Baths
  • 618847 MLS
142 Gulfview Dr, Islamorada image
142 Gulfview Dr, Islamorada $1,075,000

ACTIVE BUILDING AND DOCK PERMITS. BUILD RIGHT AWAY. Your tropical dream awaits with the lowest-priced waterfront lot featuring an active building permit in Islamorada. ...

  • 3 Beds
  • 4 Baths
  • 617029 MLS
251 Azalea St, Tavernier image
251 Azalea St, Tavernier $1,390,000 ▼

Located on a tranquil canal-front setting in the desirable Plantation Key Colony, this impeccably updated, turnkey ground-level residence offers two bedrooms, two baths, ...

  • 2 Beds
  • 2 Baths
  • 616971 MLS

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Islamorada Homes for Sale

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  • Islamorada Condos
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Jim Signor - Florida Keys Real Estate

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