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Islamorada Development Opportunity For Sale
For Sale
$3,900,000

80939 Overseas Hwy, Islamorada, FL 33036

Development opportunity in downtown Islamorada with restaurant and transient units.

Property SizeContact for details
Lot Size0.75 Acres
Days on Market890

Property Features for 80939 Overseas Hwy

General Information

Standard status Active
Lot size 0.75 Acres

Taxes and HOA fees

Annual Taxes $13,370
Listing Agency: Century 21 All Keys Inc (KW)
Listed By: Daniel Sanchez
Source: Exprealty
Added: Mar 21, 2024 Changed: Aug 22 Last Checked: Aug 26 at 1:12PM

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 Century 21 All Keys Inc (KW)

Investment Insights

Based on property information with market context.

This property presents a development opportunity in downtown Islamorada, situated on a three-quarter acre lot. It currently features six transient units, one market-rate unit, and a commercial restaurant. Redevelopment options range from a restaurant with employee housing to a small boutique hotel with an eatery. The property includes a license for over 200 seats, accommodating both indoor and outdoor dining, and offers ample parking. The property is located in the heart of Islamorada.

Key Highlights

  • Prime downtown Islamorada location.
  • Development opportunity on a large lot (three‑quarters of an acre).
  • Includes six transient units, one market‑rate unit, and a commercial restaurant.

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Auto Repair Shop HVAC Service Auto Parts Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

317
Businesses Nearby

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

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Development opportunity in downtown Islamorada with restaurant and transient units.
Where is this hotel located?
The property is located at 80939 Overseas Hwy Islamorada, FL.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Prime downtown Islamorada location.; Development opportunity on a large lot (three‑quarters of an acre).; Includes six transient units, one market‑rate unit, and a commercial restaurant.
More about this property
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