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  • 82779 Overseas Highway, Upper Matecumbe Key Islamorada, FL 33036 (MLS# 622033)

82779 Overseas Highway, Upper Matecumbe Key Islamorada, FL 33036

New Listing
$3,999,000
Property Type: Commercial Sale Square Footage: 5,421 Lot Size (sq. ft.): 15,000 Status: Active
Current Price: $3,999,000 List Date: 11/11/2026 Last Modified: 11/11/2026

Overview

Description

Bring your culinary vision to life in the heart of Islamorada, where island hospitality and a celebrated dining scene attract residents and visitors year-round. Ideally positioned near resorts, shopping, and popular destinations, this impressive 5,421 SF, three-story restaurant property offers the visibility, infrastructure, and space to create a memorable Florida Keys dining destination. Situated on a 15,000 SF lot with approximately 100 feet of frontage on both Overseas Highway/US 1 and Old Highway, the property offers outstanding exposure highlighted by an oversized marquee sign. The restaurant is fully equipped for a high-volume operation and features two spacious dining rooms, two full bars with equipment and taps, and a large commercial kitchen with extensive cooking, preparation, refrigeration, and freezer capacity. Multiple service areas, a draft beer system, and custom storage support efficient operations. A permitted 500+ lb. food elevator, with equipment under warranty, c ...

Listing Details MLS# 622033

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
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 OR690-554 OR802-2405 OR944-42 OR1069-332 OR1475-255 OR2758
Taxes
18116.52
Tax Year
2025

Contract Information

Listing Board
Florida Keys
Limited Representation
No
Potential Short Sale
No
Bank Owned
No

General Property Description

Realtor.COM Type
Commercial
Style
Commercial
Lot SqFt
15000
Waterfront
No
Year Established
2021-12-31
# Parking Spaces
24
# Stories
3
Total # Buildings
Yes
Building SqFt
5421
SqFt Source
Tax Records
Living Apx SqFt
5421
Year Built
1980
Control Depth
0
Total Units
0

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
Bring your culinary vision to life in the heart of Islamorada, where island hospitality and a celebrated dining scene attract residents and visitors year-round. Ideally positioned near resorts, shopping, and popular destinations, this impressive 5,421 SF, three-story restaurant property offers the visibility, infrastructure, and space to create a memorable Florida Keys dining destination. Situated on a 15,000 SF lot with approximately 100 feet of frontage on both Overseas Highway/US 1 and Old Highway, the property offers outstanding exposure highlighted by an oversized marquee sign. The restaurant is fully equipped for a high-volume operation and features two spacious dining rooms, two full bars with equipment and taps, and a large commercial kitchen with extensive cooking, preparation, refrigeration, and freezer capacity. Multiple service areas, a draft beer system, and custom storage support efficient operations. A permitted 500+ lb. food elevator, with equipment under warranty, conveniently transports food from the main kitchen to the second floor. Additional features include extensive first-floor inventory and storage space, a dedicated owner/manager's office, a concrete delivery ramp, and a rear loading dock for truck deliveries. This is an exceptional opportunity to establish or expand a restaurant concept in one of the Florida Keys' most recognized and desirable communities.
Directions
Overseas Hwy MM 82

License Info

SRX (Non-Transferab)
Yes

Type

Restaurant
Yes

Fee Includes

None
Yes

Dockage

None
Yes

Appliances

Dishwasher
Yes
Range
Yes
Refrigerator
Yes

Cooling

Central Air
Yes

Heating

Other
Yes

Waterfront

None
Yes

Waterview

Ocean View
Yes

Floor

Other
Yes

Interior Features

Pantry
Yes
Wet Bar
Yes
Other
Yes

Windows/Doors

Impact Rstnce Doors
Yes
Impact Rstnce Window
Yes

Vehicle Storage

Off Street Parking
Yes

Construction

CBS
Yes

Land Size

1/4 - 1/2 Acre
Yes

Utilities

FKAA
Yes
Municipal Sewer
Yes
Propane
Yes

Miscellaneous

Handicap Access
Yes
High Traffc Location
Yes
High Visibility
Yes
Highway Frontage
Yes
Loading Dock
Yes
Patio
Yes
Security System
Yes
Storage
Yes
Other Miscellaneous
Yes

Roof

Concrete Roof
Yes

Property Features

License Info: SRX (Non-Transferab) Type: Restaurant Waterfront: None Waterview: Ocean View Dockage: None Vehicle Storage: Off Street Parking Cooling: Central Air Heating: Other Utilities: FKAA; Municipal Sewer; Propane Interior Features: Pantry; Wet Bar; Other Appliances: Dishwasher; Range; Refrigerator Miscellaneous: Handicap Access; High Traffc Location; High Visibility; Highway Frontage; Loading Dock; Patio; Security System; Storage; Other Miscellaneous Construction: CBS Floor: Other Roof: Concrete Roof Land Size: 1/4 - 1/2 Acre Fee Includes: None
Listing Office: All Keys Commercial
Last Updated: November - 11 - 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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