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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
    8 results
    81901 Overseas Hwy, Islamorada, FL, 33036-3647
    $2,200,000
    4,942 SF
    81901 Overseas Hwy, Islamorada, FL, 33036-3647

    81901 Overseas Hwy, Islamorada, FL 33036

    Iconic restaurant property with high visibility and flexible commercial zoning.
    • 📍 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
    Updated: Feb 17
    View details
    Waterfront Commercial Asset with Redevelopment Potential
    $3,399,000
    6,071 SF
    Waterfront Commercial Asset with Redevelopment Potential

    Islamorada, FL 33036

    Waterfront commercial property with redevelopment and multiple revenue paths.
    • Ocean‑front waterfront property on 74560 Overseas Highway with 100 feet of seawall and access accommodating up to 8 slips
    • 15,000 SF parcel with generous on‑site parking and U.S. 1 frontage
    • Zoning supports 4 affordable housing units plus 1 market‑rate residence and 5,640 SF of commercial space
    • Existing 1983 structure with expansive wraparound windows offering Atlantic Ocean views
    • Top‑floor penthouse suite suited for owner occupancy, executive housing, or premium rental use (subject to approvals)
    Updated: Feb 16
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    Islamorada Restaurant Opportunity For Sale
    $2,200,000
    4,942 SF
    Islamorada Restaurant Opportunity For Sale

    Iconic restaurant property with high visibility and redevelopment potential.

    81901 Overseas Highway, Upper Matecumbe Key, Islamorada, FL 33036

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    Waterfront Commercial Asset with Redevelopment Potential
    $3,900,000
    5,640 SF
    Waterfront Commercial Asset with Redevelopment Potential

    Waterfront commercial property with redevelopment and multiple revenue paths.

    74560 Overseas Hwy, Islamorada, FL 33036

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    Islamorada Legacy Ice Cream Business
    $375,000
    931 SF
    Islamorada Legacy Ice Cream Business

    Turnkey ice cream business in highly visible Islamorada location.

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

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    Islamorada Restaurant & Cabana Bar
    $18,000,000
    5.00 Acres
    Islamorada Restaurant & Cabana Bar

    Iconic restaurant and bar with bayfront and highway frontage.

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

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    Islamorada Land with Development Potential
    $6,500,000
    3,995 SF
    Islamorada Land with Development Potential

    Spacious land with restaurant, bar, and development opportunities.

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

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    Iconic Islamorada Restaurant & Cabana Bar
    $18,000,000
    5.00 Acres
    Iconic Islamorada Restaurant & Cabana Bar

    Bayfront restaurant and bar with 5 acres for sale.

    96 Madeira Rd, Islamorada, FL 33036

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    Based on your search, we've compiled 40 Potential Opportunities for your consideration. Besides 8 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.

    Waterfront Commercial Property in Marathon
    $4,950,000
    5,439 SF
    Waterfront Commercial Property in Marathon

    Prime commercial property with waterfront access and mixed-use potential.

    38 Coco Plum Drive, Marathon, FL 33050

    View details
    Key Largo Restaurant with Drive-Through
    $2,199,000
    1,796 SF
    Key Largo Restaurant with Drive-Through

    Profitable franchise restaurant with drive-through and real estate included.

    92661 Overseas Hwy, Tavernier, FL 33070

    View details
    Tavernier Waterfront Investment Property & Marina
    $6,800,000
    9,600 SF
    Tavernier Waterfront Investment Property & Marina

    Waterfront investment property with marina, restaurant, and residential home.

    90311 Old Highway, Tavernier, FL 33070

    View details
    Waterfront Property with Fish House
    $2,950,000
    1,000 SF
    Waterfront Property with Fish House

    Waterfront property featuring a fish house and dockage.

    Marathon, FL 33050

    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.

    Gulf Front Estate in Marathon
    $9,950,000
    10,852 SF
    Gulf Front Estate in Marathon

    3.86-acre mixed-use commercial property with highway and water frontage.

    6500-6600 Overseas Highway, Marathon, FL 33050

    View details
    3.72 Acre Krome Avenue Property
    Contact for pricing
    3.72 Acres
    3.72 Acre Krome Avenue Property

    3.72 acre property fronting Krome Avenue in Homestead, Florida.

    272nd Street & SW 177th Avenue, Homestead, FL 33031

    View details
    Prime Commercial Land Opportunity
    $4,900,000
    2.49 Acres
    Prime Commercial Land Opportunity

    2.5 acres of commercial land in Miami, Florida.

    147 Ave, Miami, FL 33196

    View details
    Waterfront Land Ideal for Development
    $9,499,000
    77.46 Acres
    Waterfront Land Ideal for Development

    Two parcels of land perfect for commercial or residential development.

    7000 5Th Street, Stock Island, FL 33040

    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
    1,656 SF Lot: 0.11 Acres
    Value Estimation by Request

    81645 Overseas Hwy, Islamorada, FL 33036

    View details
    81908 Overseas Hwy
    NIGHTCLUB (COCKTAIL LOUNGE)
    3,995 SF Lot: 0.29 Acres
    Estimated value
    $1,895,000

    81908 Overseas Hwy, Islamorada, FL 33036-3605

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    82201 Overseas Hwy
    DRIVE-THRU RESTAURANT, FAST FOOD
    3,143 SF Lot: 0.98 Acres
    Estimated value
    $1,740,000

    82201 Overseas Hwy, Islamorada, FL 33036-3608

    View details
    80499 Overseas Hwy
    RESTAURANT
    1,328 SF Lot: 0.21 Acres
    Value Estimation by Request

    80499 Overseas Hwy, Islamorada, FL 33036-3775

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    82779 Overseas Hwy
    RESTAURANT
    5,421 SF Lot: 0.34 Acres
    Estimated value
    $1,555,000

    82779 Overseas Hwy, Islamorada, FL 33036-3609

    View details
    81600 Overseas Hwy
    RESTAURANT
    7,056 SF Lot: 3.68 Acres
    Estimated value
    $8,985,000

    81600 Overseas Hwy, Islamorada, FL 33036-3700

    View details
    88000 Overseas Hwy
    RESTAURANT
    6,481 SF Lot: 2.49 Acres
    Estimated value
    $835,000

    88000 Overseas Hwy, Islamorada, FL 33036-3049

    View details
    79867 Overseas Hwy
    RESTAURANT
    8,099 SF Lot: 1.16 Acres
    Estimated value
    $570,000

    79867 Overseas Hwy, Islamorada, FL 33036-3812

    View details
    81620 Overseas Hwy
    RESTAURANT
    2,074 SF Lot: 0.69 Acres
    Value Estimation by Request

    81620 Overseas Hwy, Islamorada, FL 33036-3700

    View details
    83000 Overseas Hwy
    RESTAURANT
    4,158 SF Lot: 0.35 Acres
    Value Estimation by Request

    83000 Overseas Hwy, Islamorada, FL 33036-3524

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    81671 Old Hwy
    RESTAURANT
    2,034 SF Lot: 0.34 Acres
    Value Estimation by Request

    81671 Old Hwy, Islamorada, FL 33036

    View details
    82758 Overseas Hwy
    RESTAURANT
    4,853 SF Lot: 0.58 Acres
    Value Estimation by Request

    82758 Overseas Hwy, Islamorada, FL 33036-3601

    View details
    96 Madeira Rd
    RESTAURANT
    2,338 SF Lot: 8.62 Acres

    96 Madeira Rd, Islamorada, FL 33036-3617

    View details
    85501 Overseas Hwy
    RESTAURANT
    2,592 SF Lot: 2.62 Acres
    Estimated value
    $530,000

    85501 Overseas Hwy, Islamorada, FL 33036

    View details
    81701 Old Hwy
    RESTAURANT
    2,041 SF Lot: 0.38 Acres
    Value Estimation by Request

    81701 Old Hwy, Islamorada, FL 33036-3714

    View details
    81526 Overseas Hwy
    RESTAURANT
    2,298 SF Lot: 1.01 Acres
    Value Estimation by Request

    81526 Overseas Hwy, Islamorada, FL 33036-3701

    View details

    Islamorada, FL Restaurants Investment Opportunities Market Analysis

    Explore 32 restaurants for sale in Islamorada, FL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 26,521 square feet of properties for sale, with an estimated market value of $18,574,000.

    Sale prices for restaurant properties in Islamorada, FL start at $375,000, averaging $3,095,666, 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

    Conventional restaurants 4
    Bars & Pubs 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 median listing prices of real estate assets

    Neighborhood Average Price
    33036 $6.8M

    Taxes & Financing

    Tax Rate (average for all types) 0.89%
    Property Tax per SF $9.44 per sq ft
    Tax Rate vs County Average 0.14 pp above county avg
    Average Loan-to-Value 65.0%

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