96 Madeira RD, Upper Matecumbe Key Islamorada, FL 33036
96 Madeira RD, Upper Matecumbe Key Islamorada, FL 33036
96 Madeira RD, Upper Matecumbe Key Islamorada, FL 33036
96 Madeira RD, Upper Matecumbe Key Islamorada, FL 33036
96 Madeira RD, Upper Matecumbe Key Islamorada, FL 33036
96 Madeira RD, Upper Matecumbe Key Islamorada, FL 33036
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Listed by The Lindback Team Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
$ 18,000,000
Est. payment | /mo

2 Baths


Save
$ 18,000,000
Est. payment | /mo
Save

2 Baths

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Strattons (82.5)

MLS Listing ID 613627

Half Baths 2

HOA Y/N No

Year Built 2011

Annual Tax Amount $48,210

Tax Year 2023

Lot Dimensions see survey

Property Sub-Type Commercial

Property Description

''The Pulse of Islamorada'' ... Iconic Islamorada Restaurant & Cabana Bar available for Sale, Real Estate and Business included. Spanning over 1,000 feet of bayfront and 500 ft of Highway frontage, where the locals & visitors come from near & far to watch nightly sunsets over the bay, enjoy food & libations, and listen to live bands daily. This property includes over 5 acres of real estate (survey available), full service bar with 5 Cop liquor license, 250 seat outdoor restaurant, private party & tournament hosting area. New parking lot, lighting, & drainage completed in 2020 with plenty of parking to expand the business.
Concrete building built in 2015/2016 for gift shop, bathrooms, laundry, prep kitchen, storage, and more. In addition, property includes main kitchen, special event tiki bar, dockage, beach, boat ramp, and more. Sale includes 4 on site building rights & 2 boat slips in the Islamorada Yacht Basin located adjacent to property. Room for expansion.
Voted Best Sunset year after year.
Additional information and financials available upon request. NDA and POF required. Contact Listing Agent .
All information to be verified by Buyer/Buyer's Agent.

Location

State FL

County Monroe

Area 23 - Upper Matecumbe

Zoning HC - Highway Commercial

Direction At mile marker 82 bayside.

Interior

Appliance Dishwasher, Refrigerator

Exterior

Utilities Available FKAA, Municipal Sewer, Buyer To Verify, Propane

Waterfront Description Bay Front

Garage No

Building

Story 1

Level or Stories 1

Others

HOA Fee Include None

Tax ID 00399370-000000

Miscellaneous High Visibility, Open Water View, Manager on Premises, Other Miscellaneous, Highway Frontage, Handicap Access, Storage, High Traffic Location, Loading Dock

Acceptable Financing Owner May Carry

Listing Terms Owner May Carry

Nearby Locations

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96 Madeira RD