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96 Madeira Road

Upper Matecumbe Key Islamorada, FL 33036
  • $18,000,000
  • STATUS: Active
  • ON SITE: 426 Days
  • MLS #: 613627
UPDATED: 70 min ago
$18,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 2
    1/2 BATHS
  • 4,750
    SQFT
  • $3,789
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2011
County:

School Ratings & Info

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.

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The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Saltwater Real Estate Florida Keys Inc are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
www.saltwaterkeys.com/homes/160209728
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96 Madeira Road Upper Matecumbe Key Islamorada, FL 33036

  • Price: $18,000,000
  • Status: Active
  • On Site: 426 Days
  • Updated: 70 min ago
  • MLS #: 613627
0
Beds
0
Baths
2
½ Baths
N/A
Acres
4,750
SQFT
$3,789
$/SQFT
2011
Built
Neighborhood:
Strattons (82.5)
County:
Monroe
Area:
23 - Upper Matecumbe
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.
Exterior Features

Construction Materials CBSFrameCombo Construction Dock Concrete Dockage Boat RampBoat SlipBasin Exterior Features [] Parking Features [] Parking Spaces 200+ Stories 1 View [] Waterview Bay/Gulf View Window Features []

Interior Features

Appliances RefrigeratorDishwasher Cooling [] Flooring [] Interior Features []

Property Features

Association Fee Includes None Association YN No Association1st Right Of Refusal No Bank Owned No Business Type RestaurantRetailBar/Tavern/Lounge Control Depth 4 Deed Restrictions Unknown Electric [] Electric Info 220 Volt Flood Zone AEAEVE0.2 PCT ANN For Sale Lease For Sale Frontage Type [] Land Size 5 Less Than 10 Acres License Info 5-Cop (Transferable)Other/See Remarks Listing Terms Seller Finance Psble Marathon Nbhd N/A Mile Marker 82.5 Miscellaneous StorageHandicap AccessManager on PremisesLoading DockHigh Traffc LocationHigh VisibilityHighway FrontageOpen Water ViewOther Miscellaneous Number Of Boat Slips 2 Off Shore Island YN No Potential Short Sale No Property Info License Included Property Rights Beverage License Property Sub Type Commercial Special Licenses [] Tax Annual Amount 48210.63 Tax Legal Description BLK 3 LTS 5 THRU 9 AND BLK 4 WLY 217 FT LOT 1 AND PT OF LOTS 123 AND 4 LYING NWLY OF BASIN AND PT OF BAY BTM NWLY OF Tax Year 2023 Tenant Pays [] Title Title Ins - Buyer Utilities [] Utilities Info FKAAMunicipal SewerBuyer to VerifyPropane Waterfrnt Yes Waterfront Bay Front Waterfront Features [] Waterfront YN Yes Zoning HC - Highway Commercial

Listing courtesy of The Lindback Team of Berkshire Hathaway HomeServices Keys Real Estate - Islamorada: 305-664-4444.


The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Florida Keys MLS, Inc. Real estate listings held by brokerage firms other than Saltwater Real Estate Florida Keys Inc are marked with the MLS Logo and detailed information about them include the name of the listing broker's office.
 
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Saltwater Real Estate Florida Keys Inc
1075 Duval Street Ste 15C
Key West FL, 33040