80939 Overseas Highway, Upper Matecumbe Key Islamorada, FL 33036 (MLS# 621298)

80939 Overseas Highway, Upper Matecumbe Key Islamorada, FL 33036

New Listing

$3,900,000

Property Type: Commercial Sale Bedrooms: 7 Baths: 7 Lot Size (sq. ft.): 37,126 Status: Active

Current Price: $3,900,000 List Date: 9/15/2026 Last Modified: 9/15/2026

Overview

Description

Rare opportunity in downtown Islamorada. This is a development dream property on three quarter of an acre with six transient units,one market rate unit plus a commercial restaurant. Lots of options for redevelopment from restaurant with employee housing to a small boutique hotel with its own eatery. License for more than 200 seats with indoor and outdoor dining and plenty of parking ,opportunities like this in the heart of Islamorada are not available often. This is a must see and won't last .

Listing Details MLS# 621298

Location, Tax & Legal

Street #: 80939
Street Name: Overseas
Street Suffix: Highway
Key/Island: Upper Matecumbe Key Islamorada
State/Province: FL
Zip Code: 33036
Subdivision: The Key (80.5)
County: Monroe
Area: 23 - Upper Matecumbe

Contract Information

Listing Board: Key West Association
Limited Representation: No
Potential Short Sale: No
Bank Owned: No

General Property Description

Realtor.COM Type: Commercial
Style: Commercial
Lot SqFt: 37126
Waterfront: No
Building SqFt: 4656
Total Units: 7
Year Built: 1963
Total Bedrooms: 7
Full Baths: 7
Total Baths: 7

License Info

# of Transient Licns: 6

Association Info

Mandatory Home Owners Asc: No
1st Right of Refusal: No

More Information

Financial Status

Bank Owned: No
Potential Short Sale: No

Property Features

Type: Apartment 3 or more; Bar; Restaurant Waterfront: None Waterview: No Waterview Dockage: None Utilities: FKAA Appliances: Range; Refrigerator Miscellaneous: Chickee Hut; High Traffc Location Construction: CBS Land Size: 1/4 - 1/2 Acre Fee Includes: None Property Rights: Beverage License; Transient License

Listing Office: Century 21 All Keys Inc (KW)

Last Updated: September - 15 - 2026

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