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96 Madeira Road

Upper Matecumbe Key Islamorada, FL 33036
  • $23,000,000
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: 613627
$23,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 2
    1/2 BATHS
  • 4,750
    SQFT
  • $4,842
    $/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: $23,000,000
  • Status: Active
  • On Site: 45 Days
  • MLS #: 613627
0
Beds
0
Baths
2
½ Baths
N/A
Acres
4,750
SQFT
$4,842
$/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

Boat Slips 2 Construction CBSCombo ConstructionFrame Dockage Boat RampBasinBoat Slip Dockage Dock Concrete Land Size 5 Less Than 10 Acres Lot Size see survey Miscellaneous StorageOther MiscellaneousOpen Water ViewHighway FrontageHigh VisibilityHigh Traffc LocationLoading DockManager on PremisesHandicap Access Parking Spaces 200+ Side Bay/Gulf Style Commercial Waterfront Bay Front Waterfront YN Yes Waterview Bay/Gulf View

Interior Features

Appliances RefrigeratorDishwasher Appliances Other YES

Property Features

Assoc Hoa YN No Assoc Right Of Refusal No Bank Owned No Bank Owned Financial Status No Business Name Lorelei Restaurant & City ISLAMORADA Commercial Type RestaurantBarRetail Control Depth 4 Deed Restrictions Unknown Electric 220 Volt Fee Includes None Flood Zone AEAEVE0.2 PCT ANN Legal 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 License Info 5-Cop (Transferable)Other/See Remarks Listing Board Florida Keys Mile Marker 82.50 Off Shore Island No Potential Short Sale No Potential Short Sale Financial Status No Property Info License Included Property Rights Beverage License Property Type Commercial Recorded Plat Yes Sq Ft Source Tax Records Tax Year 2023 Taxes 48210.63 Terms Seller Finance Psble Title Title Ins - Buyer Total Units 0.00 Utilities FKAAPropaneBuyer to VerifyMunicipal Sewer Year Established 1951-12-31 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
3718 N Roosevelt Blvd
Key West FL, 33040