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    Islamorada, FL Restaurants for Sale

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    Restaurant with Bayfront Dining
    Updated: Feb 8, 2025
    Restaurant with Bayfront Dining

    96 Madeira Road, Upper Matecumbe Key, Islamorada, FL 33036

    $18,000,000
    More than 5 acres of real estate; business included
    Over 1,000 feet of bayfront and 500 ft of Highway frontage
    250‑seat outdoor restaurant with full‑service bar and main kitchen
    Concrete building constructed in 2015/2016 includes gift shop, bathrooms, laundry, prep kitchen, and storage
    Beach, boat ramp, and dockage on site
    View details
    81901 Overseas Hwy, Islamorada, FL, 33036-3647
    Updated: Feb 17
    81901 Overseas Hwy, Islamorada, FL, 33036-3647

    81901 Overseas Hwy, Islamorada, FL 33036

    $2,200,000
    4,942 sqft 0.38 AC lot
    📍 Property Overview
    Address: 81901 Overseas Hwy, Islamorada, FL 33036, Monroe County
    Property Type: Retail / Hospitality – Restaurant use (single tenant)
    Current Use: Iconic restaurant space (Islamorada Shrimp Shack)
    Zoning: Village Center (VC) – flexible commercial use potential
    View details
    81901 Overseas Hwy, Islamorada, FL, 33036-3647
    81901 Overseas Hwy, Islamorada, FL, 33036-3647

    81901 Overseas Hwy, Islamorada, FL 33036

    $2,200,000
    4,942 sqft 0.38 AC lot

    Iconic restaurant property with high visibility and flexible commercial zoning.

    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Islamorada Development Opportunity For Sale
    Islamorada Development Opportunity For Sale

    80939 Overseas Hwy, Islamorada, FL 33036

    $3,900,000
    0.75 AC lot

    Development opportunity in downtown Islamorada with restaurant and transient units.

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    Mixed-Use Restaurant Property
    Mixed-Use Restaurant Property

    90184 Overseas Highway, Islamorada, FL 33070

    Contact for pricing

    Renovated in 2024 with seven apartment units, dining and bar areas, outdoor seating, and a distillery room.

    View details
    Based on your search, we've compiled 34 Potential Opportunities for your consideration. Besides 5 Active listings in Islamorada, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 24 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Iconic Waterfront Restaurant and Bar
    Iconic Waterfront Restaurant and Bar

    58000 Card Sound Road, Key Largo, FL 33037

    $4,900,000
    2,297 sqft 0.95 AC lot

    Legendary waterfront bar and restaurant in Key Largo, Florida.

    View details
    Established Restaurant with Beer and Wine License
    Established Restaurant with Beer and Wine License

    116-11400 Overseas Hwy, Marathon, FL 33050

    $489,000

    Operating restaurant business with furnishings, equipment, inventory, recipes, and an existing beer and wine license.

    View details
    Restaurant Space in Mall Plaza
    Restaurant Space in Mall Plaza

    11400 Overseas Highway 116, Marathon, FL 33050

    $489,000

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

    View details
    Fully Renovated Mixed-Use Property
    Fully Renovated Mixed-Use Property

    91865 Overseas Highway, Key Largo, FL 33070

    $6,495,000

    Renovated mixed-use income property with 10 residential units and 5 established commercial tenants.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Waterfront Mixed-Use Property
    Waterfront Mixed-Use Property

    6500-6600 Overseas Highway, Marathon, FL 33050

    $9,500,000
    10,852 sqft 3.86 AC lot

    MU - Mixed Use Commercial zoning supports residential and/or commercial use.

    View details

    Off-Market Properties in Islamorada, FL

    Consider similar Off-Market properties in Islamorada, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    81645 Overseas Hwy
    RESTAURANT

    81645 Overseas Hwy, Islamorada, FL 33036

    Estimated value:
    $350,000
    1,656 sqft 0.11 AC lot
    View details
    81908 Overseas Hwy
    NIGHTCLUB (COCKTAIL LOUNGE)

    81908 Overseas Hwy, Islamorada, FL 33036-3605

    Estimated value:
    $1,820,000
    3,995 sqft 0.29 AC lot
    View details
    82201 Overseas Hwy
    DRIVE-THRU RESTAURANT, FAST FOOD

    82201 Overseas Hwy, Islamorada, FL 33036-3608

    Estimated value:
    $1,700,000
    3,143 sqft 0.98 AC lot
    View details
    80499 Overseas Hwy
    RESTAURANT

    80499 Overseas Hwy, Islamorada, FL 33036-3775

    Estimated value:
    $265,000
    1,328 sqft 0.21 AC lot
    View details
    82779 Overseas Hwy
    RESTAURANT

    82779 Overseas Hwy, Islamorada, FL 33036-3609

    Estimated value:
    $1,585,000
    5,421 sqft 0.34 AC lot
    View details
    81600 Overseas Hwy
    RESTAURANT

    81600 Overseas Hwy, Islamorada, FL 33036-3700

    Estimated value:
    $10,435,000
    7,056 sqft 3.68 AC lot
    View details
    88000 Overseas Hwy
    RESTAURANT

    88000 Overseas Hwy, Islamorada, FL 33036-3049

    Estimated value:
    $835,000
    6,481 sqft 2.49 AC lot
    View details
    79867 Overseas Hwy
    RESTAURANT

    79867 Overseas Hwy, Islamorada, FL 33036-3812

    Estimated value:
    $570,000
    8,099 sqft 1.16 AC lot
    View details
    81620 Overseas Hwy
    RESTAURANT

    81620 Overseas Hwy, Islamorada, FL 33036-3700

    Estimated value:
    $390,000
    2,074 sqft 0.69 AC lot
    View details
    83000 Overseas Hwy
    RESTAURANT

    83000 Overseas Hwy, Islamorada, FL 33036-3524

    Estimated value:
    $320,000
    4,158 sqft 0.35 AC lot
    View details
    81671 Old Hwy
    RESTAURANT

    81671 Old Hwy, Islamorada, FL 33036

    Estimated value:
    $320,000
    2,034 sqft 0.34 AC lot
    View details
    82758 Overseas Hwy
    RESTAURANT

    82758 Overseas Hwy, Islamorada, FL 33036-3601

    Estimated value:
    $340,000
    4,853 sqft 0.58 AC lot
    View details
    96 Madeira Rd
    RESTAURANT

    96 Madeira Rd, Islamorada, FL 33036-3617

    Estimated value:
    $395,000
    2,338 sqft 8.62 AC lot
    View details
    85501 Overseas Hwy
    RESTAURANT

    85501 Overseas Hwy, Islamorada, FL 33036

    Estimated value:
    $530,000
    2,592 sqft 2.62 AC lot
    View details
    81701 Old Hwy
    RESTAURANT

    81701 Old Hwy, Islamorada, FL 33036-3714

    Estimated value:
    $305,000
    2,041 sqft 0.38 AC lot
    View details
    81526 Overseas Hwy
    RESTAURANT

    81526 Overseas Hwy, Islamorada, FL 33036-3701

    Estimated value:
    $420,000
    2,298 sqft 1.01 AC lot
    View details
    85361 Overseas Hwy
    RESTAURANT

    85361 Overseas Hwy, Islamorada, FL 33036-3419

    Estimated value:
    $535,000
    7,568 sqft 0.97 AC lot
    View details
    81526 Overseas Hwy
    RESTAURANT

    81526 Overseas Hwy, Islamorada, FL 33036-3701

    Estimated value:
    $775,000
    5,648 sqft 1.96 AC lot
    View details
    81901 Overseas Hwy
    RESTAURANT

    81901 Overseas Hwy, Islamorada, FL 33036-3647

    Estimated value:
    $370,000
    4,942 sqft 0.38 AC lot
    View details

    Islamorada, FL Restaurants Market Trends and Statistics

    Explore 29 restaurants for sale in Islamorada, FL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 9,884 square feet of properties for sale, with an estimated market value of $26,300,000.

    Sale prices for restaurant properties in Islamorada, FL start at $2,200,000, averaging $6,575,000, and reaching up to $18,000,000 — 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 6
    Bars & Pubs 1

    Demographics Overview

    Population 3,632
    Population Growth (5Y) +10.9%
    Median Household Income $88,214
    College Educated 55.8%

    High-Yield Neighborhoods for Investment

    Identify Islamorada submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    33036 $6.6M

    Taxes & Financing

    Tax Rate (average for all types) 0.89%
    Property Tax per SF $9.44 per SF
    Tax Rate vs County Average 0.14 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)

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    Most Searched ZIP Codes in Islamorada, FL

    • 33036
    • 33070

    Featured Islamorada Real Estate Agencies

    Realmo connects you with licensed Islamorada CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Berkshire Hathaway HomeServices Freewheeler Realty
    85992 Overseas Hwy, P.O. Box 1634 Islamorada, FL 33036
    Phone: 13056644444
    www.bhhsfreewheeler.com
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