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$3,999,000
Upper Matecumbe Key Islamorada, FL 33036
MLS# 622033
5421 sqft
1 / 57
Property Description
Bring your culinary vision to life in the heart of Islamorada, where island hospitality and a celebrated dining scene attract residents and visitors year-round. Ideally positioned near resorts, shopping, and popular destinations, this impressive 5,421 SF, three-story restaurant property offers the visibility, infrastructure, and space to create a memorable Florida Keys dining destination. Situated on a 15,000 SF lot with approximately 100 feet of frontage on both Overseas Highway/US 1 and Old Highway, the property offers outstanding exposure highlighted by an oversized marquee sign. The restaurant is fully equipped for a high-volume operation and features two spacious dining rooms, two full bars with equipment and taps, and a large commercial kitchen with extensive cooking, preparation, refrigeration, and freezer capacity. Multiple service areas, a draft beer system, and custom storage support efficient operations. A permitted 500+ lb. food elevator, with equipment under warranty, conveniently transports food from the main kitchen to the second floor. Additional features include extensive first-floor inventory and storage space, a dedicated owner/manager's office, a concrete delivery ramp, and a rear loading dock for truck deliveries. This is an exceptional opportunity to establish or expand a restaurant concept in one of the Florida Keys' most recognized and desirable communities.
Details
Maps
Contract Information
Listing Board: Florida Keys
Limited Representation: No
Potential Short Sale: No
Bank Owned: No
Current Price: $3,999,000
Listing Date: 2026-11-11
List Price: $3,999,000
Location, Tax & Legal
City: ISLAMORADA
Mile Marker: 82.5
Marathon Neighborhood: N/A
Side: Ocean
Flood Zone: AE
Alternate Key #: 1496022
Parcel #: 00403710-000000
Zoning: VC - Village Center
Legal: BK 2 LTS 3 AND 4 OCEAN VIEW PB1-193 UPPER MATECUMBE OR441-994 OR690-554 OR802-2405 OR944-42 OR1069-332 OR1475-255 OR2758
Taxes: 18116.52
Tax Year: 2025
Street #: 82779
Street Name: Overseas
Street Suffix: Highway
Key/Island: Upper Matecumbe Key Islamorada
State/Province: FL
Zip Code: 33036
Subdivision: Ocean View (82.5)
County: Monroe
Area: 23 - Upper Matecumbe
General Property Description
Realtor.COM Type: Commercial
Waterfront: No
Control Depth: 0
Lot Size: 100 X 150
Lot SqFt: 15000
Total Units: 0
Year Established: 2021-12-31
# Parking Spaces: 24
# Stories: 3
SqFt Source: Tax Records
Total # Buildings: 1
Building SqFt: 5421
Style: Commercial
Living Apx SqFt: 5421
Year Built: 1980
Remarks & Misc
Remarks – Consumer: Bring your culinary vision to life in the heart of Islamorada, where island hospitality and a celebrated dining scene attract residents and visitors year-round. Ideally positioned near resorts, shopping, and popular destinations, this impressive 5,421 SF, three-story restaurant property offers the visibility, infrastructure, and space to create a memorable Florida Keys dining destination.
Situated on a 15,000 SF lot with approximately 100 feet of frontage on both Overseas Highway/US 1 and Old Highway, the property offers outstanding exposure highlighted by an oversized marquee sign.
The restaurant is fully equipped for a high-volume operation and features two spacious dining rooms, two full bars with equipment and taps, and a large commercial kitchen with extensive cooking, preparation, refrigeration, and freezer capacity. Multiple service areas, a draft beer system, and custom storage support efficient operations.
A permitted 500+ lb. food elevator, with equipment under warranty, conveniently transports food from the main kitchen to the second floor. Additional features include extensive first-floor inventory and storage space, a dedicated owner/manager's office, a concrete delivery ramp, and a rear loading dock for truck deliveries.
This is an exceptional opportunity to establish or expand a restaurant concept in one of the Florida Keys' most recognized and desirable communities.
Directions: Overseas Hwy MM 82
Association Info
Mandatory Home Owners Asc: No
1st Right of Refusal: No
License Info
SRX (Non-Transferab): 1
Type
Restaurant: 1
Fee Includes
None: 1
Dockage
None: 1
Appliances
Dishwasher: 1
Range: 1
Refrigerator: 1
Cooling
Central Air: 1
Heating
Other: 1
Waterfront
None: 1
Waterview
Ocean View: 1
Floor
Other: 1
Interior Features
Pantry: 1
Wet Bar: 1
Other: 1
Windows/Doors
Impact Rstnce Doors: 1
Impact Rstnce Window: 1
Vehicle Storage
Off Street Parking: 1
Construction
CBS: 1
Land Size
1/4 - 1/2 Acre: 1
Utilities
FKAA: 1
Municipal Sewer: 1
Propane: 1
Miscellaneous
Handicap Access: 1
High Traffc Location: 1
High Visibility: 1
Highway Frontage: 1
Loading Dock: 1
Patio: 1
Security System: 1
Storage: 1
Other Miscellaneous: 1
Roof
Concrete Roof: 1
Financial Status
Bank Owned: No
Potential Short Sale: No
Status Change Info
Status: Active
Property Features
License Info: SRX (Non-Transferab)
Type: Restaurant
Waterfront: None
Waterview: Ocean View
Dockage: None
Vehicle Storage: Off Street Parking
Cooling: Central Air
Heating: Other
Utilities: FKAA; Municipal Sewer; Propane
Interior Features: Pantry; Wet Bar; Other
Appliances: Dishwasher; Range; Refrigerator
Miscellaneous: Handicap Access; High Traffc Location; High Visibility; Highway Frontage; Loading Dock; Patio; Security System; Storage; Other Miscellaneous
Construction: CBS
Floor: Other
Roof: Concrete Roof
Land Size: 1/4 - 1/2 Acre
Fee Includes: None
Listing Office: All Keys Commercial
Last Updated: November - 11 - 2026
The data relating to real estate for sale on this web site comes in part from the Florida Keys MLS, Inc. Information provided is deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The information being provided is for consumers’ personal, non-commeral use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS.