$2,995,000
( $606.03Per Sq Foot )
 $16,078 est/mo Sourced by Back At You

81901 Overseas Highway , ISLAMORADA, FL 33036

ISLAMORADA, FL 33036

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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!

Details

MLS#611915
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1947
Days On Site11
Listing Provided ByAmerican Caribbean Real Estate, Christie's International Real Estate | Shelby Morris

Features

Bath(s) 4 Total
SQ Feet4,942
ZoningHC - Highway Commercial
Acreage0.38
Property ViewNo Waterview

Market Activity 33036

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Florida Keys Board of Realtors.

The data relating to real estate for sale on this web site come s in part from the Internet Data Exchange program of the Marathon and Lower Keys Association of REALTORS®, Inc. MLS. Real Estate listings held by brokerage firms other than Coldwell Banker Schmitt are marked with the MLS logo and detailed information about them includes the name of the listing broker’s office.

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Learn More About This Property

StateFL
CountyMonroe
CityISLAMORADA
Zip Code33036
Area23 Upper Matecumbe
Community NameStrattons (82.5)
Listing VS Median (in Strattons (82.5))
Price:
$2,995,000
low | high
Med:
$935,000
100% of Average
SqFt:
4,942
low | high
Med:
840
100% of Average
$ / SqFt:
$606
low | high
Med:
$1,113
33.67000556483% of Average
On Site:
11
low | high
Med:
274.000000
4.014598540146% of Average
Sourced by Back At You
Listing Updated: October 24, 2024 at 4:38:48 PM PDT