SELLER MOTIVATED! Turnkey Restaurant opportunity with prime US1 Frontage in heart of downtown Islamorada! This is a rare chance to own a well-established 160-seat restaurant on a highly visible corner lot with excellent US1 exposure, offering ample parking and incredible potential. Accessible from both US1, Blackwood Dr & Old Hwy, this property is ideally located within walking distance to world class high-end resorts, boutique shops, art galleries, and other popular Islamorada attractions, making it a premiere location for both local and tourist traffic. Once featured on Food Network's *Diners, Drive-Ins and Dives* with Guy Fieri, the Islamorada Shrimp Shack has been a beloved destination for locals and visitors alike. The sale includes valuable Real Estate comprised of the 4,942 sqft building on a 16,746 sqft corner parcel in a highly desirable 'X' flood zone; Village Center zoning allows for a multitude of potential uses from professional offices, boat dealer, to workforce housing development and more. All furniture, fixtures & equipment, food truck for catering, transferable liquor license conveys, and the longtime local staff would love to stay on allowing for immediate revenues on day one. Continue with the exciting existing business or bring your vision to the highly desirable Islamorada market! Call today!
MLS# | 611915 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1947 |
Days On Site | 20 |
Listing Provided By | American Caribbean Real Estate, Christie's International Real Estate | Shelby Morris |
Bath(s) | 4 Total |
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SQ Feet | 4,942 |
Zoning | HC - Highway Commercial |
Acreage | 0.38 |
Property View | No Waterview |
State | FL |
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County | Monroe |
City | ISLAMORADA |
Zip Code | 33036 |
Area | 23 Upper Matecumbe |
Community Name | Strattons (82.5) |
Listing VS Median (in Strattons (82.5)) | |
Price: $2,995,000 low | high Med: $935,000 SqFt: 4,942 low | high Med: 840 $ / SqFt: $606 low | high Med: $1,113 On Site: 20 low | high Med: 283.000000 |