
Commercial Land for Sale in Upper Matecumbe Key, Florida
96 Madeira Rd, Upper Matecumbe Key, FL 33036
''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.
Location
- Street address
- 96 Madeira Rd
- County
- Monroe County
- Community
- Strattons (82.5)
- Elevation
- 20 feet
Property details
- Acreage
- 5 acres
- Zoning
- HC - Highway Commercial
- MLS #
- FLKEYSMLS 613627
- Posted
Property taxes
- 2023
- $48,211
Parcels
- 00399370-000000
Legal description
BLK 3 LTS 5 THRU 9 AND BLK 4 WLY 217 FT LOT 1 AND PT OF LOTS 1, 2, 3 AND 4 LYING NWLY OF BASIN AND PT OF BAY BTM NWLY OF
Details and features
Listing
- Type
- Commercial Sale
- Franchise
- Berkshire Hathaway Home Services
Lot
- Waterfront
- Waterfront
Structure
- Stories
- 1
- Materials
- Frame
Interior
- Rooms
- Bathroom x 2
- Appliances
- Dishwasher, Refrigerator, Washer
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Dec 22, 2025 | New listing | $23,000,000 | — | FLKEYSMLS |
































