Prime Commercial Opportunity in Islamorada! A rare find in the

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Commercial For Sale

81901 Overseas Highway

Upper Matecumbe Key, Florida 33036

Monroe County Water View: Yes

Community: Strattons (825)

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$2,699,000 0 br, 4.0 bath 0 sq. ft. 0.000 acres

Prime Commercial Opportunity in Islamorada! A rare find in the heart of Islamorada. This iconic restaurant property offers exceptional visibility along the world-famous Overseas Highway. Perfectly positioned on the corner of Overseas Highway and Blackwood Drive, this site has excellent traffic exposure, strong curb appeal, and convenient access for both locals and visitors traveling through the Florida Keys. Close proximity to multiple resorts, shopping, and the Morada Way Art District. The building totals 4,942 square feet situated on a 16,746 square feet lot, with ample customer and employee parking available in the front, side, and rear of the property with a 160 seat restaurant and a 5COP liquor license. Zoned Village Center (VC), the site offers tremendous flexibility for a wide range of commercial uses and is located in desirable X flood zone. Currently home to the Islamorada Shrimp Shack, a local staple and internationally recognized restaurant featured on Food Network's ''Diners, Drive-Ins, and Dives'' with Guy Fieri, the property presents a truly unique opportunity. Whether you're looking to continue a restaurant tradition in a turnkey setting or redevelop into a new commercial concept, this property provides a strong foundation for growth.

Interior:
  • Bedrooms: 0
  • Baths: 4.0
  • Sq Ft: 0
  • Year Built: 1947
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: Water
  • Yard: 
  • Siding: 
  • Roof: 
  • Property Taxes: $11,667
  • MLS #: 616246
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Contact Information:
Beach Commercial For Sale in Upper Matecumbe Key, Florida
Listing Agent: Gregory Dully, RE/MAX All Keys Real Estate, 305-900-4232, 305-451-0060 Listing Site, Listing Status: Active
Copyright © 2025 Florida Keys Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6551672
Viewed 82 times.
Updated: Aug 23, 2025

This property is a Commercial located at 81901 Overseas Highway, Upper Matecumbe Key, Florida 33036, and is currently For Sale at $2,699,000. This Commercial has 0 bedrooms, 4.0 baths, 0 sq ft.