90311 Old HwyIslamorada, FL 33036

Exceptional investment opportunity: A prime waterfront property in Islamorada, Florida, encompassing a thriving bar and restaurant business. This mixed-use, Class B property boasts 10,714 square feet across two buildings, each two stories high. The main building, a landmark restaurant, offers 9,600 square feet of space and enjoys a highly visible location with 250 feet of frontage on Old Highway and Route 1. The property includes over 713 feet of seawall/dockage, approximately 22 deep-water slips with direct ocean access, and ample parking across four parcels (Parcel ID #'s-00436050, 00436680, 00436090, 004366700). A 1,114 square foot, two-story single-family waterfront home (103 Harbor Dr.) is also included. The property sits on a 67,190 square foot lot, zoned VC-Village Center. Currently operating at 80% occupancy, this established business offers a 3.50% cap rate and is listed at $8,900,000. This turnkey operation presents a rare chance to acquire a lucrative and established waterfront business in a desirable Florida location.