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    Islamorada, FL
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    Islamorada, FL Restaurants for Sale

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    Key Largo, FL Tavernier, FL Plantation Key, FL Homestead, FL Long Key, FL
    6 properties
    Islamorada Legacy Ice Cream Business
    Updated: Jul 25, 2025
    Islamorada Legacy Ice Cream Business

    86701 Overseas Hwy, Upper Matecumbe Key, Islamorada, FL 33036

    $375,000
    931 sqft 1.69 AC lot
    Turnkey legacy ice cream business with 62 years of operation.
    Prime location in a highly visible shopping center in Islamorada, across from Founders Park.
    Established brand equity and built‑in cash flow.
    All recipes, FF&E (furniture, fixtures, and equipment), and business name included in the sale.
    In‑house production of ice cream, gelato, sorbet, and waffle cones.
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    This listing looks promising.

    Here's a quick look at some key insights for

    86701 Overseas Hwy, Upper Matecumbe Key Islamorada, FL 33036

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    • Est. Cap Rate

      3.8%
      NOI ÷ price

    • Est. NOI

      $14K
      Annual

    • Mortgage

      $1.05M
      May 2016

    • Last Sold

      May 2016
      $1.41M

    • Property Type

      Community: Shopping Center, Mini-Mall
      Built 1991
    View Property Analytics
    Islamorada Land with Development Potential
    Updated: Sep 7, 2024
    Islamorada Land with Development Potential

    81910 & 81908 Overseas Highway, Upper Matecumbe Key, Islamorada, FL 33036

    $6,500,000
    3,995 sqft 0.70 AC lot
    Two Village Center parcels stretching from Highway to Bay in the heart of Islamorada.
    Includes a valuable 5COP liquor license with no food quota.
    Bayfront boat basin and plans for an additional 100' dock.
    Three waterfront Transferable Development Rights (TDRs) included, usable onsite, transferable, or sellable.
    Village Center zoning allows for multiple use opportunities including residential, commercial, and hospitality.
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    Bayfront Restaurant and Bar
    Bayfront Restaurant and Bar

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

    $18,000,000

    Iconic restaurant and cabana bar with full-service bar, outdoor dining, and bayfront access along Highway Commercial zoning.

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    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.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Iconic Islamorada Restaurant & Cabana Bar
    Iconic Islamorada Restaurant & Cabana Bar

    96 Madeira Rd, Islamorada, FL 33036

    $18,000,000
    5.00 AC lot

    Bayfront restaurant and bar with 5 acres for sale.

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    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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    Based on your search, we've compiled 38 Potential Opportunities for your consideration. Besides 6 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 4 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.

    Turnkey Adult Entertainment Venue
    Turnkey Adult Entertainment Venue

    19995 South Dixie Highway, Miami, FL 33157

    $3,500,000
    8,500 sqft

    Turnkey adult entertainment facility with liquor license, commercial kitchen, private rooms, and extended operating hours.

    View details
    Corner Unit Warehouse Investment Opportunity
    Corner Unit Warehouse Investment Opportunity

    13850 SW 143rd Ct Unit 14, Miami, FL 33186

    $730,000
    2,309 sqft

    2,309 sq ft warehouse with tenant in rapidly growing area.

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    Key Largo Inn Investment Opportunity
    Key Largo Inn Investment Opportunity

    99202 Overseas Hwy, Key Largo, FL 33037

    $14,550,000
    23,092 sqft 1.14 AC lot

    Turnkey inn with full liquor license and development potential.

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    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.

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    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.

    Mixed-Use Gulffront Estate with Dock
    Mixed-Use Gulffront Estate with Dock

    6500-6600 Overseas Highway, Marathon, FL 33050

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

    Gulffront mixed-use property with gated entrances, concrete dockage, and a 10,852 SF concrete mansion needing repairs.

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    BU-3 Vacant Commercial Parcel
    BU-3 Vacant Commercial Parcel

    NW 62 Street, Miami, FL 33147

    $199,000
    0.07 AC lot

    Vacant 3,200 SF commercial lot on NW 62 St, zoned BU-3 for flexible business use.

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    Hialeah Development Opportunity
    Hialeah Development Opportunity

    601 W 49th St, Hialeah, FL 33012

    $9,995,000

    Prime commercial land in Hialeah, Florida, for development.

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    Vacant Lot Near I-95
    Vacant Lot Near I-95

    7828 NW 5th Ave, Miami, FL 33150

    $399,000
    3,920 sqft 0.09 AC lot

    Vacant 3920 sq ft lot in Miami near I-95.

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    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

    Value Estimation by Request
    1,656 sqft 0.11 AC lot
    View details
    81908 Overseas Hwy
    NIGHTCLUB (COCKTAIL LOUNGE)

    81908 Overseas Hwy, Islamorada, FL 33036-3605

    $1,895,000
    Estimated value
    3,995 sqft 0.29 AC lot
    View details
    82201 Overseas Hwy
    DRIVE-THRU RESTAURANT, FAST FOOD

    82201 Overseas Hwy, Islamorada, FL 33036-3608

    $1,740,000
    Estimated value
    3,143 sqft 0.98 AC lot
    View details
    80499 Overseas Hwy
    RESTAURANT

    80499 Overseas Hwy, Islamorada, FL 33036-3775

    Value Estimation by Request
    1,328 sqft 0.21 AC lot
    View details
    82779 Overseas Hwy
    RESTAURANT

    82779 Overseas Hwy, Islamorada, FL 33036-3609

    $1,555,000
    Estimated value
    5,421 sqft 0.34 AC lot
    View details
    81600 Overseas Hwy
    RESTAURANT

    81600 Overseas Hwy, Islamorada, FL 33036-3700

    $8,985,000
    Estimated value
    7,056 sqft 3.68 AC lot
    View details
    88000 Overseas Hwy
    RESTAURANT

    88000 Overseas Hwy, Islamorada, FL 33036-3049

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

    79867 Overseas Hwy, Islamorada, FL 33036-3812

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

    81620 Overseas Hwy, Islamorada, FL 33036-3700

    Value Estimation by Request
    2,074 sqft 0.69 AC lot
    View details
    83000 Overseas Hwy
    RESTAURANT

    83000 Overseas Hwy, Islamorada, FL 33036-3524

    Value Estimation by Request
    4,158 sqft 0.35 AC lot
    View details
    81671 Old Hwy
    RESTAURANT

    81671 Old Hwy, Islamorada, FL 33036

    Value Estimation by Request
    2,034 sqft 0.34 AC lot
    View details
    82758 Overseas Hwy
    RESTAURANT

    82758 Overseas Hwy, Islamorada, FL 33036-3601

    Value Estimation by Request
    4,853 sqft 0.58 AC lot
    View details
    96 Madeira Rd
    RESTAURANT

    96 Madeira Rd, Islamorada, FL 33036-3617

    Value Estimation by Request
    2,338 sqft 8.62 AC lot
    View details
    85501 Overseas Hwy
    RESTAURANT

    85501 Overseas Hwy, Islamorada, FL 33036

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

    81701 Old Hwy, Islamorada, FL 33036-3714

    Value Estimation by Request
    2,041 sqft 0.38 AC lot
    View details
    81526 Overseas Hwy
    RESTAURANT

    81526 Overseas Hwy, Islamorada, FL 33036-3701

    Value Estimation by Request
    2,298 sqft 1.01 AC lot
    View details
    85361 Overseas Hwy
    RESTAURANT

    85361 Overseas Hwy, Islamorada, FL 33036-3419

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

    81526 Overseas Hwy, Islamorada, FL 33036-3701

    $775,000
    Estimated value
    5,648 sqft 1.96 AC lot
    View details

    Islamorada, FL Restaurants Market Trends and Statistics

    Explore 30 restaurants for sale in Islamorada, FL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 9,868 square feet of properties for sale, with an estimated market value of $9,075,000.

    Sale prices for restaurant properties in Islamorada, FL start at $375,000, averaging $3,025,000, and reaching up to $6,500,000 — 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

    Bars & Pubs 3
    Conventional restaurants 3

    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 $8.2M

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Monroe County

    Retail

    Residential Income

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