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    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
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    This listing looks promising.

    Here's a quick look at some key insights for

    81901 Overseas Hwy, Islamorada, FL 33036

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    • Est. Cap Rate

      3.5%
      NOI ÷ price

    • Est. NOI

      $76K
      Annual

    • Price @ 7% Cap

      $1.09M
      Suggested

    • Property Type

      Restaurant
      Built 1947
    View Property Analytics
    Key West Restaurant Opportunity
    Updated: Aug 4, 2025
    Key West Restaurant Opportunity

    1075 Duval Street, Key West, FL 33040

    $1,399,000
    1,592 sqft
    Prime location in the heart of Key West's bustling commercial corridor with high visibility and foot traffic.
    Spacious 1,592 SqFt restaurant space formed by two combined commercial condos.
    Seating capacity for 100 guests, suitable for dining and events.
    Rare opportunity to own property in the vibrant Duval Square.
    Ideal investment opportunity or space for a restaurant owner.
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    Corner Bar and Covered Outdoor Bar
    Corner Bar and Covered Outdoor Bar

    1000 Truman Avenue, Key West, FL 33040

    $2,699,000
    2,396 sqft 0.27 AC lot

    CBS corner property zoned HNC(1-3) with indoor bar, covered outdoor bar, and off-street parking.

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    Turnkey 150-Seat Restaurant
    Turnkey 150-Seat Restaurant

    532 Margaret Street, Key West, FL 33040

    $2,950,000
    2,490 sqft 0.11 AC lot

    Fully remodeled restaurant with indoor-outdoor dining, full-service bar, and a fully equipped commercial kitchen.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Waterfront Bar & Restaurant with Docks
    Waterfront Bar & Restaurant with Docks

    58000 Card Sound Road, Key Largo, FL 33037

    $4,900,000
    7,026 sqft 0.96 AC lot

    Waterfront Alabama Jacks includes onsite apartment, desalination and backup water systems, and a U.S. Government lease through 2041.

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    Waterfront Bar and Restaurant
    Waterfront Bar and Restaurant

    58000 Card Sound Road, Key Largo, FL 33037

    $4,900,000
    7,026 sqft 0.96 AC lot

    For sale waterfront bar and restaurant offering 360+ linear feet of boat docks and onsite living space.

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    Mixed-Use Income Property with Restaurant
    Mixed-Use Income Property with Restaurant

    405 Petronia Street, Key West, FL 33040

    $2,999,999
    1,596 sqft 0.05 AC lot

    Fully rented mixed-use property with 2 residential units, office space, and a detached restaurant on a small Key West lot.

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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.

    View details
    Waterfront Marina and Restaurant Building
    Waterfront Marina and Restaurant Building

    90311 Old Highway, Plantation Key, FL 33070

    $6,800,000
    10,714 sqft 1.54 AC lot

    Waterfront marina with over 713 feet of dockage and approximately 22 deep-water slips, plus a 9,600-square-foot restaurant building.

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    Hospitality Portfolio with Hotel and Restaurant
    Hospitality Portfolio with Hotel and Restaurant

    27340 Overseas Highway, Ramrod Key, FL 33042

    $12,250,000
    1.67 AC lot

    Includes 25 transient rental licenses, a 25-room hotel, and a 150-seat restaurant alongside a dive operation and vessel.

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    Corner Bar Property with Outdoor Area
    Corner Bar Property with Outdoor Area

    1000 Truman Avenue, Key West, FL 33040

    $2,699,000
    2,396 sqft 0.27 AC lot

    Two-parcel commercial property with an existing bar building, drive-through space, and covered outdoor entertainment area.

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    Three-Building Restaurant and Bar
    Three-Building Restaurant and Bar

    4 and 6 Charles Street, Key West, FL 33040

    Contact for pricing
    3,648 sqft 0.08 AC lot

    Multi-building venue with outdoor bars, a music stage, apartments, and a fully equipped kitchen.

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    Bar and Liquor Store with Drive-Through
    Bar and Liquor Store with Drive-Through

    1000-1006 Truman Avenue, Key West, FL 33040

    $3,375,000
    2,756 sqft 0.27 AC lot

    HNC(1-3) zoned bar and liquor store with indoor and covered outdoor bar, plus a drive-through pickup window.

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    Bar, Liquor Store & Drive-Through
    Bar, Liquor Store & Drive-Through

    1000-1006 Truman Avenue, Key West, FL 33040

    $3,375,000
    2,396 sqft 0.27 AC lot

    Corner property includes an indoor bar with liquor store, covered outdoor bar, and a drive-through pickup window.

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    Turnkey Food Van with Equipment
    Turnkey Food Van with Equipment

    Duval Street, Key West, FL 33040

    $90,000

    2014 ProMaster food van with full kitchen build-out, including generator, exhaust hood, and fire suppression system.

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    Mobile Seafood Restaurant Business
    Mobile Seafood Restaurant Business

    1 Mundy The Pirate Seafood Way, Key West, FL 33040

    $150,000

    Includes a 2018 truck, enclosed trailer, licenses, and seafood-preparation equipment.

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    Duval Street Prime Real Estate
    Duval Street Prime Real Estate

    1114 Duval Street, Key West, FL 33040

    $4,500,000
    2,760 sqft

    Prime Key West real estate with valuable unrestricted liquor license.

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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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    Key West Restaurant Opportunity
    Key West Restaurant Opportunity

    509 Southard St, Key West, FL 33040

    Contact for pricing
    2,059 sqft

    Restaurant for sale near Duval Street with indoor and outdoor seating.

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    Established Restaurant Business
    Established Restaurant Business

    11400 Overseas Highway 116, Marathon, FL 33050

    Contact for pricing
    1,350 sqft

    Operating restaurant with included equipment, inventory, proprietary recipes, and beer-and-wine licensing.

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    Turn-Key Restaurant and ADA Buildings
    Turn-Key Restaurant and ADA Buildings

    24171 Overseas Highway, Summerland Key, FL 33042

    Contact for pricing
    2,415 sqft 0.50 AC lot

    Two ADA-accessible buildings on a half-acre site, including a turn-key 1,100 SF restaurant.

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    Restaurant Building with In-Place Lease
    Restaurant Building with In-Place Lease

    1215 Duval Street, Key West, FL 33040

    $3,675,000

    Restaurant building for sale with an established, long-time restaurant tenant and a lease already in place.

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    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.

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    Downtown Restaurant and Bar
    Downtown Restaurant and Bar

    404 Southard Street, #2, Key West, FL 33040

    $3,295,000

    Large restaurant and bar currently leased, with a rebuild date of 2005 and more than three years remaining.

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    Monroe County, FL Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Monroe County, FL, showcased through 43 active listings on our real estate platform. These investment opportunities span a total of 76,869 square feet of properties for sale, with an estimated market value of $142,553,999.

    Sale prices for restaurant properties in Monroe County, FL start at $90,000, averaging $4,751,799, 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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    Featured Monroe County Real Estate Agencies

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

    Berkshire Hathaway Keys Real Estate | Knight & Gardner Realty
    336 Duval St Key West, FL 33040
    Phone: 13052945155
    www.keysrealestate.com
    Berkshire Hathaway HomeServices Freewheeler Realty
    85992 Overseas Hwy, P.O. Box 1634 Islamorada, FL 33036
    Phone: 13056644444
    www.bhhsfreewheeler.com
    American Caribbean Real Estate
    99900 Overseas Highway, PO Box 600 Key Largo, FL 33037
    Phone: 13054514078
    www.americancaribbean.com/

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