Active
96 Madeira Road
Upper Matecumbe Key Islamorada FL, 33036
$23,000,000
$4,842.11 per sqft
Active
2 Baths
4,750 sqft
Commercial
Built in 2011
''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.
613627
MLSⓇ ID
February 10, 2025
Listed
February 19, 2025
Updated
Interior Features
Total Stories
1
Total Bathrooms
2
Half Bathrooms
2
Appliances
Refrigerator, Dishwasher
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Features
5 Less Than 10 Acres
School Information
School District
Lorelei Restaurant &
Other Property Details
Area Name
23 - Upper Matecumbe
Taxes
$48,211
Tax Frequency
Annually
Days on Market
4
Association Amenities
None
Garage
No
Parking Total
200
View
Yes
View Description
Bay/Gulf View
County
Monroe
Pool
No
Waterfront
Yes
Waterfront Features
Bay Front
Utilities
FKAA, Propane, Buyer to Verify, Municipal Sewer, 220 Volt
Zoning
HC - Highway Commercial
Listed by The Lindback Team with Berkshire Hathaway HomeServices Keys Real Estate - Islamorada
Listing Contact:
The IDX display contains information sourced from the Florida Keys Board of REALTORS® as of 2/19/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 2/19/2025 at 10:51 PM UTC