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96 Madeira Rd Islamorada, FL 33036

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For Sale
$23,000,000

Bayfront restaurant and bar with 5 acres for sale.

Property Features for 96 Madeira Rd

General Information

Standard status
Active

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Listing Contact
The Lindback Team
Source: Exprealty

Listing Agency: Berkshire Hathaway HomeServices Keys Real Estate - Islamorada Listing Agent: The Lindback Team

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Iconic Islamorada Restaurant & Cabana Bar

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.
Location Intelligence

Current Use by Public Records

Bars

Suggested Use

Restaurant Building Supply Dental Office Law Firm Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Realty agency Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Graze Love, Day Drippin Coffee

Location Insight

  • Map
  • Local Demand
City
Islamorada
County
Monroe
State
Florida
Longitude
-80.6331574
Latitude
24.9225376

FAQs

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 $23,000,000.
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.
More about this property
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