Conventional Restaurant

Summerland Key, FL Conventional Restaurants for Sale

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Cudjoe Key, FL Big Pine Key, FL Key West, FL Stock Island, FL Marathon, FL Conch Key, FL
Hospitality Portfolio with Hotel and Restaurant
Updated: Nov 21, 2025
Hospitality Portfolio with Hotel and Restaurant

27340 Overseas Highway, Ramrod Key, FL 33042

$12,250,000
1.67 AC lot
Includes 25 transient rental licenses currently in use and potentially transferable to another qualifying Florida Keys development (subject to approvals).
150‑seat restaurant with a newer tiki structure.
25‑room hotel lodging operation supported by the transient rental licenses.
Liquor licensing package: 5COP quota liquor license available separately for on‑premises beer, wine, and spirits sales; also allows packaged liquor sales.
Dive shop operation with a 49‑passenger Coast Guard‑approved vessel and its own 2COP bar license for wine and beer; includes retail/gear component.
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Turn-Key Restaurant and ADA Buildings
Updated: Apr 12
Turn-Key Restaurant and ADA Buildings

24171 Overseas Highway, Summerland Key, FL 33042

Contact for pricing
2,415 sqft 0.50 AC lot
Two ADA‑accessible buildings on a 1/2+ acre site on Overseas Hwy
1,100 SF turn‑key restaurant with Captive Aire kitchen ventilation system and propane service
Indoor/outdoor seating plus brand‑new grease trap and 30' pylon for high‑visibility signage
1,315 SF building currently a vanilla box for retail or office, with brand‑new A/C system and impact windows
Rear faces the bike path and scenic salt ponds
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Leased Restaurant and Office Property
Leased Restaurant and Office Property

24171 Overseas Highway, Summerland Key, FL 33042

$1,700,000

Existing restaurant and office improvements operate under SC - Sub Urban Commercial District zoning with leases in place.

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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Summerland Key, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Frank’s Grill Restaurant
Frank’s Grill Restaurant

11400 Overseas Highway, #116, Marathon, FL 33050

$489,000

Established dining operation with furnishings, equipment, inventory, and a beer-and-wine license included.

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Restaurant Space in Mall Plaza
Restaurant Space in Mall Plaza

11400 Overseas Highway 116, Marathon, FL 33050

$279,000

Restaurant space located in the northeast corner of Towne Square Mall, off 116th Street Gulf along U.S. Highway 1.

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Standalone Restaurant Building with Equipment
Standalone Restaurant Building with Equipment

1500 Bertha Street, Key West, FL 33040

Contact for pricing

Previously operated as a 79-seat restaurant; remaining fixtures include a hood and walk-in cooler/freezer.

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Mobile Seafood Restaurant Business
Mobile Seafood Restaurant Business

1 Mundy The Pirate Seafood Way, Key West, FL 33040

$150,000

Includes a 2018 truck, enclosed trailer, licenses, and seafood-preparation equipment.

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Summerland Key, FL Conventional Restaurants Market Trends and Statistics

Explore 3 conventional restaurants for sale in Summerland Key, FL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,415 square feet of properties for sale, with an estimated market value of $13,950,000.

Sale prices for conventional restaurants in Summerland Key, FL start at $1,700,000, averaging $6,975,000, and reaching up to $12,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 3
Bars & Pubs 1
Coffee shops 1

Demographics Overview

Population 11K
Population Growth (5Y) -1.0%
Median Household Income $98,106
College Educated 49.5%

Taxes & Financing

Tax Rate (average for all types) 0.81%
Property Tax per SF $12.32 per SF
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Monroe County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Monroe County

Retail

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