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81901 Overseas Highway
Upper Matecumbe Key Islamorada FL 33036 US

$2,200,000

Active Listing ID 616246
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4.00 Bath (4 Half)
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Other

$2,200,000

Active Listing ID 616246
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81901 Overseas Highway 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.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • 1/2 Bathrooms: 4

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 2200000
  • unparsedaddress: 81901 Overseas Highway
  • postalcity: Upper Matecumbe Key Islamorada
  • stateorprovince: FL
  • country: US
  • postalcode: 33036
  • bathroomsfull: 0
  • bathroomshalf: 4
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 24.919005
  • longitude: -80.633652
  • listagentfullname: Gregory Dully
  • listagentemail: GregDully@RemaxCommercialTeam.com
  • listagentkey: 3yd-FLKEYSMLSFL-20180813194240539855000000
  • listagentmlsid: 20180813194240539855000000
  • listagentpreferredphone: 3059004232
  • listagentofficephone: 3054510060
  • listofficekey: 3yd-FLKEYSMLSFL-20160412201153291004000000
  • listagentstatelicense: 3420625
  • listofficemlsid: 20160412201153291004000000
  • disclaimer: Copyright © 2026 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.
  • sourcesystemid: FLKEYSMLSFL
  • yearbuilt: 1947
  • listagenturl: http://www.remaxallkeysrealestate.com
  • countyorparish: Monroe
  • parcelnumber: 00400070-000000
  • appliances: Range, Refrigerator
  • numberofunitstotal: 0
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • view: Water
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -80.63365, 24.919004
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX All Keys Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"GregDully@RemaxCommercialTeam.com", "ListBrokerageCity":"Key Largo", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"RE/MAX All Keys Real Estate", "ListBrokeragePhone":"(305) 451-0060", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"98880 Overseas Hwy.", "ListBrokerageWebsiteUrl":"http://www.remaxallkeysrealestate.com", "ListOfficeAddress1":"98880 Overseas Hwy.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"20210309171506369108000000", "ListOfficeCity":"Key Largo", "ListOfficeCountry":"US", "ListOfficeEmail":"anthony@askaskowitz.com", "ListOfficePostalCode":"33037", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Restaurant, Other Services - Upper Matecumbe Key Islamorada, FL", "ListingURL":"https://listings.listhub.net/pages/FLKEYSMLSFL/616246/?channel=rexren", "MLSModificationTimestamp":"2026-01-05T13:26:13Z", "Neighborhoods":[{"Description":null, "Name":"23 - Upper Matecumbe"}], "PostalCode":null, "RawPropertySubType":"Restaurant, Other Services", "RawPropertyType":"Commercial", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":13477.69, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/10/2026 7:30:43 PM GMT
Source Updated Date: 4/14/2026 6:54:46 PM GMT

Courtesy of: Gregory Dully, RE/MAX All Keys Real Estate, GregDully@RemaxCommercialTeam.com

Copyright © 2026 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.