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81901 Overseas Highway

Upper Matecumbe Key Islamorada, FL 33036
  • $2,995,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 611915
UPDATED: 74 min ago
$2,995,000
  • 0
    BEDS
  • 0.38
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,942
    SQFT
  • $606
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1947
County:

School Ratings & Info

Description

Turnkey Restaurant opportunity with prime US1 Frontage in heart of downtown Islamorada! This is a rare chance to own a well-established 160-seat restaurant on a highly visible corner lot with excellent US1 exposure, offering ample parking and incredible potential. Accessible from both US1, Blackwood Dr & Old Hwy, this property is ideally located within walking distance to world class high-end resorts, boutique shops, art galleries, and other popular Islamorada attractions, making it a premiere location for both local and tourist traffic.Once featured on Food Network's *Diners, Drive-Ins and Dives* with Guy Fieri, the Islamorada Shrimp Shack has been a beloved destination for locals and visitors alike. The sale includes valuable Real Estate comprised of the 4,942 sqft building on a 16,746 sqft corner parcel in a highly desirable 'X' flood zone; Village Center zoning allows for a multitude of potential uses from professional offices, boat dealer, to workforce housing development and more. All furniture, fixtures & equipment, food truck for catering, transferable liquor license conveys, and the longtime local staff would love to stay on allowing for immediate revenues on day one. Continue with the exciting existing business or bring your vision to the highly desirable Islamorada market! Call today!

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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 Bascom Grooms Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.realtorkeywestfl.com/homes/157017926
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81901 Overseas Highway Upper Matecumbe Key Islamorada, FL 33036

  • Price: $2,995,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 74 min ago
  • MLS #: 611915
0
Beds
4
Baths
0
½ Baths
0.38
Acres
4,942
SQFT
$606
$/SQFT
1947
Built
Neighborhood:
Strattons (82.5)
County:
Monroe
Area:
23 - Upper Matecumbe
Property Description
Turnkey Restaurant opportunity with prime US1 Frontage in heart of downtown Islamorada! This is a rare chance to own a well-established 160-seat restaurant on a highly visible corner lot with excellent US1 exposure, offering ample parking and incredible potential. Accessible from both US1, Blackwood Dr & Old Hwy, this property is ideally located within walking distance to world class high-end resorts, boutique shops, art galleries, and other popular Islamorada attractions, making it a premiere location for both local and tourist traffic.Once featured on Food Network's *Diners, Drive-Ins and Dives* with Guy Fieri, the Islamorada Shrimp Shack has been a beloved destination for locals and visitors alike. The sale includes valuable Real Estate comprised of the 4,942 sqft building on a 16,746 sqft corner parcel in a highly desirable 'X' flood zone; Village Center zoning allows for a multitude of potential uses from professional offices, boat dealer, to workforce housing development and more. All furniture, fixtures & equipment, food truck for catering, transferable liquor license conveys, and the longtime local staff would love to stay on allowing for immediate revenues on day one. Continue with the exciting existing business or bring your vision to the highly desirable Islamorada market! Call today!
Exterior Features

Construction CBSCombo Construction Dockage None Land Size 1/4 - 1/2 Acre Lot Size 167.46x100 Miscellaneous StorageHighway FrontageHigh Traffc Location Roof Combo Roof Side Ocean Style Commercial Vehicle Storage Guest ParkingOff Street Parking Waterfront None Waterfront YN No Waterview No Waterview

Interior Features

Appliances RefrigeratorDishwasherDryerWasherRange Cooling Heating Central Air Dishwashers 1 Kitchens 1 Net Leasable Area 4942.00 Range Ovens 2 Refrigerators 2

Property Features

Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No City ISLAMORADA Commercial Type RestaurantBar 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 5-Cop (Transferable) Listing Board Florida Keys Mile Marker 82.50 Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Property Type Commercial Tax Year 2023 Taxes 11982.52 Terms No Seller Finance Total Units 0.00 Utilities FKAABuyer to Verify Zoning HC - Highway Commercial

Listing courtesy of Shelby Morris of American Caribbean Real Estate, Christie's International Real Estate: (305) 451-4078.


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 Bascom Grooms Real Estate are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Bascom Grooms Real Estate
1110 Truman Ave
Key West FL, 33040