80939 Overseas Hwy Islamorada, FL 33036

This exceptional commercial property presents a rare development opportunity in the heart of Islamorada, Florida. Situated on a sizable 0.75-acre lot at 80939 Overseas Highway, this property boasts a unique blend of existing structures and significant redevelopment potential. Currently, the site includes six transient units, providing immediate income generation, along with one market-rate unit and an established restaurant. The restaurant possesses a license for over 200 seats, encompassing both indoor and outdoor dining areas, and ample parking is available. This versatile property offers a multitude of development pathways. Imagine transforming it into a boutique hotel with an on-site restaurant, catering to the growing tourism market. Alternatively, the existing infrastructure could be leveraged to expand the restaurant operations, potentially adding additional units for employee housing. The property's prime location in downtown Islamorada ensures high visibility and accessibility, making it an attractive investment for both seasoned developers and entrepreneurs seeking a unique venture. Given the scarcity of such opportunities in this desirable location, this property is expected to generate significant interest. The asking price is $4,500,000. Don't miss this chance to acquire a piece of Islamorada's vibrant commercial landscape.