Iconic Islamorada Restaurant & Cabana
For Sale
$18,000,000
96 Madeira Rd, Islamorada, FL 33036
Bayfront restaurant and bar with 5 acres for sale.
Lot Size5.00 Acres
Days on Market536
Property Features for 96 Madeira Rd
General Information
Standard status
Active
Lot size
5.00 Acres
Listing Agency:
Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
(305) 522-1370
Listed By:
The Lindback Team · License #30590270
(305) 522-1370
Source:
Exprealty
Added: Feb 10, 2025
Changed: Jul 6
Last Checked: Jul 31 at 1:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Investment Insights
Based on property information with market context.
An iconic Islamorada restaurant and cabana bar is available for sale, including both the real estate and the business. The property spans over 1,000 feet of bayfront and 500 feet of highway frontage. The establishment features a full-service bar with a 5 Cop liquor license and a 250-seat outdoor restaurant. It also includes a private party and tournament hosting area. A new parking lot, lighting, and drainage system were completed in 2020. The property includes over 5 acres of real estate, as per the available survey. A concrete building, constructed in 2015/2016, houses a gift shop, bathrooms, laundry facilities, a prep kitchen, and storage space. Additional amenities include a main kitchen, a special event tiki bar, dockage, a beach, and a boat ramp. The sale includes four on-site building rights and two boat slips in the Islamorada Yacht Basin, which is located adjacent to the property. The location is known for nightly sunsets over the bay and features live bands daily. There is room for expansion.
Key Highlights
- Iconic Islamorada restaurant and cabana bar with real estate and business included in sale.
- Over 1,000 feet of bayfront and 500 feet of highway frontage on 5+ acres.
- Includes a full‑service bar with a 5 Cop liquor license and a 250‑seat outdoor restaurant.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
596
Businesses Nearby
16k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 84%
Apparel 16%
Wendy's
Dining
11,012 visits/mo
0.2 miles
Shrimp Shack
Dining
2,772 visits/mo
0.2 miles
West Marine
Apparel
2,656 visits/mo
0.1 miles
Demographics for 33036, FL
3,541
Population
3,651
Households
1
Avg Household Size
56
Median Age
40%
College-Educated
97%
High-School Grad
5.8 sq mi
ZIP Area
611
Density / Sq Mi
$88,214
Median Household Income
$46,735
Median Earnings
$1,846
Median Rent
$995,600
Median Home Value
Market
Properties on Market for Restaurants in Islamorada
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Graze Love — 81868 Overseas Hwy, Islamorada, FL 33036
- Day Drippin Coffee — 81927 Overseas Hwy, Islamorada, FL 33036
Frequently Asked Questions
What type of property is this?
Restaurant - Bayfront restaurant and bar with 5 acres for sale.
Where is this restaurant located?
The property is located at 96 Madeira Rd Islamorada, FL.
What is the asking price?
The asking price for this property is $18,000,000.
What are key features of this property?
This property features: Iconic Islamorada restaurant and cabana bar with real estate and business included in sale.; Over 1,000 feet of bayfront and **500 feet of highway frontage on 5+ acres.**; Includes a full‑service bar with a **5 Cop liquor license** and a 250‑seat outdoor restaurant.
