81901 Overseas Hwy - Restaurant FOR SALE


Islamorada, FL 33036
$2,699,000 USD
305-900-4232
81901 Overseas Hwy, Islamorada, FL for Sale
$2,699,000 USD
Restaurant - FOR SALE
1/54
null | Request Cap Rate

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81901 Overseas Hwy
Islamorada, FL 33036


OVERVIEW

Prime Commercial Opportunity in Islamorada! A rare find in the heart of Islamorada. This iconic restaurant property offers exceptional visibility along the world-famous Overseas Highway. Perfectly positioned on the corner of Overseas Highway and Blackwood Drive, this site has excellent traffic exposure, strong curb appeal, and convenient access for both locals and visitors traveling through the Florida Keys. Close proximity to multiple resorts, shopping, and the Morada Way Art District. The building totals 4,942 square feet situated on a 16,746 square feet lot, with ample customer and employee parking available in the front, side, and rear of the property with a 160 seat restaurant and a 5COP liquor license. Zoned Village Center (VC), the site offers tremendous flexibility for a wide range of commercial uses and is located in desirable X flood zone. Currently home to the Islamorada Shrimp Shack, a local staple and internationally recognized restaurant featured on Food Network's ''Diners, Drive-Ins, and Dives'' with Guy Fieri, the property presents a truly unique opportunity. Whether you're looking to continue a restaurant tradition in a turnkey setting or redevelop into a new commercial concept, this property provides a strong foundation for growth.

FOR SALE DETAILS

PRICE

$2,699,000 USD

PRICE/SF

$546 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Islamorada Shrimp Shack Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Fast Food, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

HC - Highway Commercial

APN/PARCEL ID

00400070-000000

ASK ABOUT THIS PROPERTY

Greg DullyRE/MAX All Keys Real Estate - Commercial TeamMore Info
305-900-4232

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Greg DullyRE/MAX All Keys Real Estate - Commercial TeamMore Info
305-900-4232

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.