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81901 Overseas Highway

Upper Matecumbe Key Islamorada, FL 33036
  • $2,699,000
  • STATUS: Active
  • ON SITE: 85 Days
  • MLS #: 616246
$2,699,000
  • 0
    BEDS
  • 0.38
    ACRES
  • 0
    BATHS
  • 4
    1/2 BATHS
  • 4,942
    SQFT
  • $546
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1947
County:

School Ratings & Info

Description

Prime Commercial Opportunity in Islamorada! A rare find in the heart of Islamorada. This iconic restaurant property offers exceptional visibility along the world-famous Overseas Highway. Perfectly positioned on the corner of Overseas Highway and Blackwood Drive, this site has excellent traffic exposure, strong curb appeal, and convenient access for both locals and visitors traveling through the Florida Keys. Close proximity to multiple resorts, shopping, and the Morada Way Art District. The building totals 4,942 square feet situated on a 16,746 square feet lot, with ample customer and employee parking available in the front, side, and rear of the property with a 160 seat restaurant and a 5COP liquor license. Zoned Village Center (VC), the site offers tremendous flexibility for a wide range of commercial uses and is located in desirable X flood zone. Currently home to the Islamorada Shrimp Shack, a local staple and internationally recognized restaurant featured on Food Network's ''Diners, Drive-Ins, and Dives'' with Guy Fieri, the property presents a truly unique opportunity. Whether you're looking to continue a restaurant tradition in a turnkey setting or redevelop into a new commercial concept, this property provides a strong foundation for growth.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Coastal Collection Real Estate Inc. are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.buythekeys.com/homes/167272280
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81901 Overseas Highway Upper Matecumbe Key Islamorada, FL 33036

  • Price: $2,699,000
  • Status: Active
  • On Site: 85 Days
  • MLS #: 616246
0
Beds
0
Baths
4
½ Baths
0.38
Acres
4,942
SQFT
$546
$/SQFT
1947
Built
Neighborhood:
Strattons (82.5)
County:
Monroe
Area:
23 - Upper Matecumbe
Property Description
Prime Commercial Opportunity in Islamorada! A rare find in the heart of Islamorada. This iconic restaurant property offers exceptional visibility along the world-famous Overseas Highway. Perfectly positioned on the corner of Overseas Highway and Blackwood Drive, this site has excellent traffic exposure, strong curb appeal, and convenient access for both locals and visitors traveling through the Florida Keys. Close proximity to multiple resorts, shopping, and the Morada Way Art District. The building totals 4,942 square feet situated on a 16,746 square feet lot, with ample customer and employee parking available in the front, side, and rear of the property with a 160 seat restaurant and a 5COP liquor license. Zoned Village Center (VC), the site offers tremendous flexibility for a wide range of commercial uses and is located in desirable X flood zone. Currently home to the Islamorada Shrimp Shack, a local staple and internationally recognized restaurant featured on Food Network's ''Diners, Drive-Ins, and Dives'' with Guy Fieri, the property presents a truly unique opportunity. Whether you're looking to continue a restaurant tradition in a turnkey setting or redevelop into a new commercial concept, this property provides a strong foundation for growth.
Exterior Features

Construction CBSCombo Construction Dockage None Land Size 1/4 - 1/2 Acre Lot Size 167 x 100 Miscellaneous StorageHighway FrontageHigh VisibilityHigh Traffc LocationFencing Side Median Style Commercial Vehicle Storage Off Street Parking Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances RefrigeratorRange Net Leasable Area 4942.00

Property Features

Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City ISLAMORADA Commercial Type RestaurantOther Services Control Depth 0 Fee Includes None Flood Zone 0.2 PCT ANNUAL CHANC Legal LT 1 SQR 8 STRATTONS SUBD PB 2-38 UPPER MATECUMBE G24-94 G36-381 OR420-867 OR727-468 OR760-107 OR776-430 OR953-356/57 OR License Info Other/See Remarks Listing Board Florida Keys Mile Marker 82.50 Potential Short Sale No Potential Short Sale Financial Status No Property Type Commercial Sq Ft Source Tax Records Tax Year 2024 Taxes 11666.99 Total Units 0.00 Utilities FKAA Zoning VC - Village Center

Listing courtesy of Gregory Dully of RE/MAX All Keys Real Estate: (305) 451-0060.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Coastal Collection Real Estate Inc. are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Coastal Collection Real Estate Inc.
422 Fleming St Suite 7
Key West FL, 33040