Ashley Lindmar - Coldwell Banker
82779 Overseas Highway
Upper Matecumbe Key Islamorada, FL 33036

$1,790,000

Description

-REAL ESTATE ONLY FOR SALE -Current Business is not seller owned. Lease in place until October 2018. Tastefully updated two-story restaurant located in the Heart of Islamorada. Full bar on each floor, updated kitchen on first floor, renovated dining and banquet space. Excellent Highway US-1 exposure with approximately 8+/- million cars passing annually according to the Florida Department of Transportation, and more coming every year--First and second floors were gutted when updated. All new electrical and plumbing systems throughout. New flooring, wall surfaces, and ceiling finishes redone on the second floor. Existing air conditioning and ventilation also freshly refurbished. All restrooms have new finishes and fixtures.

Details

MLS#577479
StyleIndustrial
Sub-TypeResale
StatusActive
Year1980
Days On Site274

Features

SQ Feet5,421
Story(s)3
ZoningVC - Village Center

Market Activity 33036

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Area Information

StateFL
CountyMonroe
CityUpper Matecumbe Key Islamorada
Zip Code33036
AreaIslamorada
Listing VS Median (in 33036)
Price:
$1,790,000
low | high
Med:
$950,000
96.927374301676% of Average
SqFt:
5,421
low | high
Med:
3,499
85.454713152555% of Average
$ / SqFt:
$330
low | high
Med:
$272
67.774591623145% of Average
On Site:
274
low | high
Med:
42
100% of Average
Listing Updated: 08/15/2018
MLS Number: 577479
Listing Provided By:
Patti Stanley  of  Moorings Realty Inc