103900B Overseas Hwy - Restaurant FOR SALE


Key Largo, FL 33037
$7,995,000 USD
305-304-0084
103900B Overseas Hwy, Key Largo, FL for Sale
$7,995,000 USD
Restaurant - FOR SALE
1/36
null | 6.04% Cap Rate

103900B Overseas Hwy
Key Largo, FL 33037


OVERVIEW

Iconic Landmark/Trophy Restaurant & Bar with real estate and money-making business included! This prime waterfront property offers breathtaking sunset views and sits on 1.15 acres of uplands with .28 acres of bay bottom owned. Boasting 10 boat slips and 144' of visible frontage on Overseas Hwy, this location offers incredible visibility with a large, eye-catching sign. The property includes all restaurant furniture, fixtures, and equipment, making it a turn-key operation. Recent interior and exterior renovations (2020) enhance the space, which features interior AC, a glass wall dining area, and an inviting outdoor tiki bar and dining space. Ample parking is available for both customers and employees, ensuring a seamless experience. Whether you're looking to continue a successful business or create your own vision, this is a rare opportunity for a profitable waterfront location!

FOR SALE DETAILS

PRICE

$7,995,000 USD

PRICE/SF

$1,070 USD /SF

CAP RATE

6.04%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sundowners, Calico Jacks and Salty's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.43 AC

LAND SF

62,414 SF

ZONING

MU

APN/PARCEL ID

00084990-000100

ASK ABOUT THIS PROPERTY

Curtis A. Skomp, CCIMLoopnet LeadMore Info
305-304-0084

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Curtis A. Skomp, CCIMLoopnet LeadMore Info
305-304-0084

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.