96 MADEIRA ROAD, ISLAMORADA, FL 33036

96 Madeira Road
ISLAMORADA, FL 33036

$23,000,000

Beds: 2
Baths: 0
Sq. Ft.: 4,750
Type: Commercial
Listing # 613627
''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.
Property Features
Location Information
County: Monroe
Neighborhood: Upper Matecumbe Key Islamorada
MLS Area: 23 - Upper Matecumbe
Latitude: 24.921771
Longitude: -80.633079
Subdivision: Strattons (82.5)
Directions: At mile marker 82 bayside.
Interior Features
Full Baths: 0
Appliances: Refrigerator, Dishwasher
Exterior Features
Stories: 1
Construction: CBS, Combo Construction, Frame
Septic or Sewer: FKAA, Propane, Buyer to Verify, Municipal Sewer
Electric: 220 Volt
Parking Spaces: 200+
Lot Size: see survey
Lot Size in Sq. Ft.: 0
Zoning: HC - Highway Commercial
Flood Zone: AE, AE, VE, 0.2 PCT ANN
Number of Boat Slips: 2
Waterfront Description: Bay Front
Has Waterfront: Yes
View Description: Bay/Gulf View
Additional Information
Property Type: COM
Property SubType: Commercial
Year Built: 2011
Status: Active
Business Name: Lorelei Restaurant &
Fee Includes: None
Tax Amount: $48,210.63
Dock Description: Boat Ramp, Basin, Boat Slip
Square Feet Source: Tax Records
Business Type: Restaurant, Bar, Retail
Listing courtesy of The Lindback Team, Berkshire Hathaway HomeServices Keys Real Estate - Islamorada (305) 664-4444
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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of Florida Keys MLS. Real Estate listings held by brokerage firms other than EXIT Realty Paradise are marked with the MLS logo and detailed information about them includes the name of the listing broker's office.
Florida Keys MLS data last updated at May 8, 2025, 1:03 AM ET
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