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

Turnkey Restaurant opportunity with prime US1 Frontage in heart of downtown Islamorada! MOTIVATED SELLER ! 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

December 9, 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

48


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 12/9/2024. 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.

©2024 Florida Keys Board of REALTORS® all rights reserved.

Data last updated on 12/9/2024 at 11:40 PM UTC

 

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