Active
81901 Overseas Highway
Upper Matecumbe Key Islamorada FL, 33036
$2,995,000
$606.03 per sqft
Active
4 Baths
4,942 sqft
Commercial
Built in 1947
SELLER MOTIVATED! 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!
611915
MLSⓇ ID
October 21, 2024
Listed
November 8, 2024
Updated
Map
81901 Overseas Highway
Upper Matecumbe Key Islamorada FL, 33036
Interior Features
Total Bathrooms
4
Full Bathrooms
4
Appliances
Refrigerator, Dishwasher, Dryer, Washer, Range
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.38 Acres
Lot Features
1/4 - 1/2 Acre
Roof
Combo Roof
Other Property Details
Area Name
23 - Upper Matecumbe
Taxes
$11,983
Tax Frequency
Annually
Days on Market
17
Association Amenities
None
Garage
No
Parking
Guest Parking, Off Street Parking
View
Yes
View Description
No Waterview
County
Monroe
Pool
No
Zoning
HC - Highway Commercial
Listed by Shelby Morris with American Caribbean Real Estate, Christie's International Real Estate
Listing Contact:
The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 11/8/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 11/8/2024 at 5:12 PM UTC