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    81908 Overseas Hwy Islamorada, FL 33036-3605
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    Property profile & analytics

    81908 Overseas Hwy, Islamorada, FL 33036-3605

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    • Bars & Pubs
    • 3,995 SF
    • 0.29 lot acres
    Off-Market
    Last Sale Jul 10, 2023
    $1,900,000
    Property ID
    US18-2792656
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,895,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bars & Pubs

    Property Details for 81908 Overseas Hwy

    Year built
    1963
    Lot size
    0.29 lot acres
    Property type
    Bars & Pubs
    APN
    00399280-000000
    APU
    399280000000

    Description

    This exceptional 30,415 sq ft Islamorada property presents a unique redevelopment opportunity. Located on Overseas Highway with 100 ft of frontage, it boasts a 3,995 sq ft vacant building, previously a restaurant and bar, holding a coveted 5COP liquor license (no food sales required, package store permitted). The Village Center zoning allows for diverse uses including residential (single-family estate, multi-family compound, up to 8 units with additional TDRs), retail (package store, general store), hospitality (restaurants), and marina development. The property includes a bayfront boat basin with dockage for up to 7 vessels, plus potential for a 100 ft dock expansion, and deeded bay bottom. Three transferable development rights (TDRs) are also included. Two parcels are sold together. The property was built in 1963 and sits on a single-story building. Asking price is $7,500,000 ($1,877.35/sq ft).


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,820,000
      ML approach
      $1,885,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Islamorada
    County
    Monroe
    State
    Florida
    Longitude
    -80.6337
    Latitude
    24.9199
    CBSA code
    28580
    CBSA name
    KEY WEST-MARATHON, FL MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,940
    $469,849
    $266,977
    $736,826
    -
    $469,849
    $266,977
    $736,826
    More about this property
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