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81901 Overseas Highway

Upper Matecumbe Key Islamorada, FL 33036
  • $2,200,000
  • STATUS: Active
  • ON SITE: 240 Days
  • MLS #: 616246
UPDATED: 46 min ago
$2,200,000
  • 0
    BEDS
  • 0.38
    ACRES
  • 0
    BATHS
  • 4
    1/2 BATHS
  • 4,942
    SQFT
  • $445
    $/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: $2,200,000
  • Status: Active
  • On Site: 240 Days
  • Updated: 46 min ago
  • MLS #: 616246
0
Beds
0
Baths
4
½ Baths
0.38
Acres
4,942
SQFT
$445
$/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

Attached Garage YN No Construction Materials CBSCombo Construction Dockage None Exterior Features [] Parking Features [] Vehicle Storage Off Street Parking View [] Waterview No Waterview Window Features []

Interior Features

Appliances RefrigeratorRange Cooling [] Flooring [] Interior Features []

Property Features

Association Fee Includes None Association YN No Association1st Right Of Refusal No Bank Owned No Business Type RestaurantOther Services Control Depth 0 Electric [] Flood Zone 0.2 PCT ANNUAL CHANC Frontage Type [] Land Size 1/4 - 1/2 Acre License Info Other/See Remarks Listing Terms [] Marathon Nbhd N/A Mile Marker 82.5 Miscellaneous StorageFencingHigh Traffc LocationHigh VisibilityHighway Frontage Potential Short Sale No Property Sub Type Commercial Special Licenses [] Tax Annual Amount 13477.69 Tax Legal Description 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 Tax Year 2025 Tenant Pays [] Utilities [] Utilities Info FKAA Waterfrnt No Waterfront None Waterfront Features [] Waterfront YN No 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