80939 Overseas Highway

Upper Matecumbe Key Islamorada, FL 33036 / The Key (80.5)

MLS ID# 609289 Active
Commercial

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$4,500,000

0.85 acres

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• Description
• Location, Tax & Legal
• General Property Description
• Details

Description

Rare opportunity in downtown Islamorada. This is a development dream property on three quarter of an acre with six transient units,one market rate unit plus a commercial restaurant. Lots of options for redevelopment from restaurant with employee housing to a small boutique hotel with its own eatery. License for more than 200 seats with indoor and outdoor dining and plenty of parking ,opportunities like this in the heart of Islamorada are not available often. This is a must see and won't last . Rare opportunity in downtown Islamorada. This is a development dream property on three quarter of an acre with six transient units,one market rate unit plus a commercial restaurant. Lots of options for redevelopment from restaurant with employee h... show more

Location, Tax & Legal

• Street # 80939
• Street Name Overseas
• Street Suffix Highway
• Key/Island Upper Matecumbe Key Islamorada
• City ISLAMORADA
• State/Province FL
• Zip Code 33036
• Off Shore Island No
• Subdivision The Key (80.5)
• Mile Marker 80.5
• County Monroe
• Area 23 - Upper Matecumbe
• Marathon Neighborhood N/A
• Side N/A
• Alternate Key # 00096250000000
• Parcel # 00096250000000
• Zoning HC - Highway Commercial
• Taxes 13370.03
• Tax Year 2023

General Property Description

• Realtor.COM Type Commercial
• Style Commercial
• Lot Size 0.85 acres
• Lot SqFt 37126
• Waterfront No
• Control Depth 0
• Building SqFt 2044
• SqFt Source Property Data Card
• Total Units 7
• Year Built 1963
• Total Bedrooms 7
• Full Baths 7
• Half Baths 0
• Total Baths 7

Details

• License Info

  # of Transient Licns:6

• Association Info

  No Mandatory Home Owners Asc, No 1st Right of Refusal

• Type

  Apartment 3 or more, Bar, Restaurant

• Waterfront

  None

• Waterview

  No Waterview

• Dockage

  None

• Utilities

  FKAA

• Appliances

  Range, Refrigerator

• Miscellaneous

  Chickee Hut, High Traffc Location

• Construction

  CBS

• Land Size

  1/4 - 1/2 Acre

• Fee Includes

  None

• Show

  Call List Agent, No Sign on Property, Tenant Occupied

• Property Rights

  Beverage License, Transient License

• Financial Status

  No Bank Owned, No Potential Short Sale