19991 Overseas Highway
Sugarloaf Key, FL 33042

$1,600,000

Description

A Florida Keys landmark restaurant for sale for only the 2nd time in decades. Mangrove Mamas, world famous even before the Keys legend Howard Livingston wrote a song about it, contains 150 seats, a bar with an SRX liquor license, outside patio area and ample parking. Located directly on US 1, the restaurant is one of the most visible and a must stop location for many Keys events on the way to and from Key West. Restaurant and real estate comes fully equipped and turn-key and has been connected to the new Lower Keys central sewer system. Over $120K in new equipment. Owner will consider a sale, lease or a lease option. Please DO NOT disturb the business or employees.

Details

MLS#579163
StyleIndustrial
Sub-TypeResale
StatusActive
Year1919
Days On Site74

Features

SQ Feet4,114
Story(s)1
ZoningUC - Urban Commercial District

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Area Information

StateFL
CountyMonroe
CitySugarloaf Key
Zip Code33042
AreaLower Keys
Listing VS Median (in 33042)
Price:
$1,600,000
low | high
Med:
$499,000
100% of Average
SqFt:
4,114
low | high
Med:
1,048
100% of Average
$ / SqFt:
$389
low | high
Med:
$501
21.262223307292% of Average
On Site:
74
low | high
Med:
73
100% of Average
Listing Updated: 05/21/2018
MLS Number: 579163
Listing Provided By:
Team Gardner/Langley  of  Berkshire Hathaway Knight Gardner Realty (KW)