82779 Overseas Highway, Upper Matecumbe Key Islamorada, FL 33036

$1,550,000

Property Type: Commercial Sale Square Footage: 5,421 Lot Size (sq. ft.): 15,000 Status: Closed

Current Price: $1,550,000 List Date: 8/31/2021 Last Modified: 8/31/2026

Overview

Description

Open your dream restaurant/ bar at this prestigious prime location in the heart of Islamorada, the sportfishing capital of the world! This three-story 5,421 SF restaurant building is ready for business! Centrally located in the Village of Islamorada next to several resorts, & shopping. Directly across the street from the New luxury getaway ''The Islands of Islamorada'' who are eager to have a new restaurant that their guests can walk to for breakfast, lunch & dinner! The property features a HUGE kitchen and comes completely equipped with top of the line restaurant equipment including stoves/ovens, flat tops, fryers, dishwasher, walk-in freezers and more (see photos). Excellent visibility with 100' of frontage on both Overseas Highway / US 1, and the Old Hwy (State Hwy 4a). With millions of visitors each year, the Florida DOT estimates an average of 23,441 cars pass this location each and every day! An estimated 8.5 million cars passed this location in 2020 alone! Historically this ... (Read more)

Listing Details MLS# 597548

Location, Tax & Legal

Street #: 82779
Street Name: Overseas
Street Suffix: Highway
Key/Island: Upper Matecumbe Key Islamorada
State/Province: FL
Zip Code: 33036
Subdivision: Ocean View (82.5)
County: Monroe
Area: 23 - Upper Matecumbe
City: ISLAMORADA
Off Shore Island: No
Mile Marker: 82.5
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE
Alternate Key #: 1496022
Parcel #: 00403710-000000
Zoning: VC - Village Center
Legal: BK 2 LTS 3 AND 4 OCEAN VIEW PB1-193 UPPER MATECUMBE OR441-994 OR690-554D/C OR802-2405 OR944-42 OR1069-332 OR1475-255/56
Taxes: 14866.27
Tax Year: 2020

Contract Information

Listing Board: Florida Keys
Limited Representation: No
For Sale/Lease: For Sale
Potential Short Sale: No
Bank Owned: No

General Property Description

Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 15000
Waterfront: No
# Stories: 3
Building SqFt: 5421
Living Apx SqFt: 5421
Year Built: 1980
Control Depth: 0
Total Units: 0

Status Change Info

Under Contract Date: 2021-12-10
Sold Date: 2021-12-14

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No

Financial Status

Bank Owned: No
Potential Short Sale: No

More Information

Remarks & Misc

Remarks – Consumer: Open your dream restaurant/ bar at this prestigious prime location in the heart of Islamorada, the sportfishing capital of the world! This three-story 5,421 SF restaurant building is ready for business! Centrally located in the Village of Islamorada next to several resorts, & shopping. Directly across the street from the New luxury getaway ''The Islands of Islamorada'' who are eager to have a new restaurant that their guests can walk to for breakfast, lunch & dinner! The property features a HUGE kitchen and comes completely equipped with top of the line restaurant equipment including stoves/ovens, flat tops, fryers, dishwasher, walk-in freezers and more (see photos). Excellent visibility with 100' of frontage on both Overseas Highway / US 1, and the Old Hwy (State Hwy 4a). With millions of visitors each year, the Florida DOT estimates an average of 23,441 cars pass this location each and every day! An estimated 8.5 million cars passed this location in 2020 alone! Historically this location is qualified for a 5 COP alcohol beverage license and offers 2 full bars complete with equipment & taps along with 2 large dining rooms for plenty of table space. An extra large marquee sign in the front of the building stands out & can't be missed while traveling the Overseas Hwy! A concrete ramp with loading dock is conveniently located in the rear of the building for easy truck deliveries. 1st floor offers very large areas for storage and an owners/managers office. All equipment is included in the sale.
Directions: Oceanside of US1 MM 82.5

License Info

Other/See Remarks: Yes

Type

Bar: Yes
Other Comrcl Style: Yes
Restaurant: Yes

Fee Includes

None: Yes

Dockage

None: Yes

Cooling

Central Air: Yes

Waterfront

None: Yes

Waterview

No Waterview: Yes

Floor

Combo: Yes
Tile: Yes
Wood: Yes

Interior Features

Other: Yes

Construction

CBS: Yes
Concrete: Yes

Land Size

1/4 - 1/2 Acre: Yes

Utilities

FKAA: Yes
Municipal Sewer: Yes
Propane: Yes

Miscellaneous

High Traffc Location: Yes
High Visibility: Yes
Highway Frontage: Yes
Security System: Yes
Storage: Yes

Roof

Concrete Roof: Yes

Property Features

License Info: Other/See Remarks Type: Bar; Other Comrcl Style; Restaurant Waterfront: None Waterview: No Waterview Dockage: None Cooling: Central Air Utilities: FKAA; Municipal Sewer; Propane Interior Features: Other Miscellaneous: High Traffc Location; High Visibility; Highway Frontage; Security System; Storage Construction: CBS; Concrete Floor: Combo; Tile; Wood Roof: Concrete Roof Land Size: 1/4 - 1/2 Acre Fee Includes: None

Documents

Survey ›

Floor Plans ›

Zoning Map - VC ›

Listing Office: RE/MAX All Keys Real Estate

Last Updated: August - 31 - 2026

The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.

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