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Iconic Islamorada Restaurant & Cabana Bar

96 Madeira Rd, Islamorada, FL 33036

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For Sale

$18,000,000

Bayfront restaurant and bar with 5 acres for sale.

Lot size:

5.00 Acres

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.
Sale includes 4 on‑site building rights and 2 boat slips in the Islamorada Yacht Basin.
Turnkey business with established reputation, voted 'Best Sunset' year after year.
Features dockage, beach, boat ramp, and a special event tiki bar.

We can help!

Listing Contact

The Lindback Team

For Sale

$18,000,000

Bayfront restaurant and bar with 5 acres for sale.

Lot size:

5.00 Acres

Added:: Feb 10, 2025
Days on Market:: 489
Last Refresh:: Apr 5 at 8:29 pm

Property Features for 96 Madeira Rd

General Information

Standard status: Active
Lot size: 5.00 Acres

We can help!

Listing Contact

The Lindback Team

Listing agent The Lindback Team License #30590270

Listing office Berkshire Hathaway HomeServices Keys Real Estate - Islamorada

Listing date Feb 10, 2025

Source Exprealty

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

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.
Sale includes 4 on‑site building rights and 2 boat slips in the Islamorada Yacht Basin.
Turnkey business with established reputation, voted 'Best Sunset' year after year.
Features dockage, beach, boat ramp, and a special event tiki bar.

Overview

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.

Property Profile Location Intelligence

Current Use by Public Records

Bars & Pubs

Suggested Use

Similar Places Nearby

Graze Love — 81868 Overseas Hwy, Islamorada, FL 33036
Day Drippin Coffee — 81927 Overseas Hwy, Islamorada, FL 33036

Location Insight

Map
Local Demand

City: Islamorada
County: Monroe
State: Florida
Longitude: -80.6331574
Latitude: 24.9225376

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For sale
Restaurants
FL
Islamorada
33036
96 Madeira Rd

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.