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58000 Card Sound Rd
Key Largo, FL 33037
Alabama Jacks · Retail Property For Sale
Investment Highlights
- Once-in-a-Lifetime Opportunity: Own the Iconic Alabama Jacks in Key Largo!
- Rich History: Established in 1947 and operated by the current owner since 1981
- Continually rated among the Best Bars & Restaurants in South Florida
- Prime Waterfront Property: Two parcels totaling 41,602 square feet (.95 acres)
Executive Summary
Once-in-a-Lifetime Opportunity: Own the Iconic Alabama Jacks in Key Largo! Step into the legacy of one of the most celebrated waterfront establishments in the USA. This legendary bar and restaurant, continually rated among the Best Bars & Restaurants in South Florida, Florida, and the nation, is ready for its next chapter. Located on Card Sound Road at the foot of the Card Sound Bridge, Alabama Jacks has been a beloved destination since the 1950s, renowned for its authentic charm, lively atmosphere, and world-famous conch fritters. Key Features: Rich History: Established in 1947 and operated by the current owner since 1981, this landmark has maintained its iconic status and rustic charm, drawing locals, tourists, and celebrities alike. Turnkey Package: Sale includes the business name, domain names, Facebook page, a thriving retail t-shirt business, proprietary recipes, and all furniture, fixtures, and equipment (FF&E). Prime Waterfront Property: Two parcels totaling 41,602 square feet (.95 acres) with over 360 linear feet of boat docks, direct boating access, and a private boat ramp (currently unused, offering potential for new revenue streams). Buildings & Infrastructure: Includes 2,297 sq. ft. of finished space, 4,729 sq. ft. of canopy space, and an apartment for onsite living or staff use. Also features a desalination system and a backup water truck with a tank. Long-Term Lease: New & Secure, 20-year lease with the U.S. Government renewed in 2021 through 2041. Unparalleled Legacy Alabama Jacks is a true piece of Americana, beloved by generations and celebrated in publications and TV appearances by icons like Emeril Lagasse, Conde Nast, and Kathie Lee Gifford. Whether you're continuing its proud traditions or exploring new opportunities, this business is primed for success. Opportunity to Franchise the name and brand. Don't miss this chance to own a slice of Florida Keys history and elevate an already thriving landmark to its next level.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,688 SF
Building Class
C
Year Built/Renovated
1973/1986
Price
$4,900,000
Price Per SF
$1,328.63
Tenancy
Single
Building Height
2 Stories
Building FAR
0.33
Lot Size
0.26 AC
Zoning
OS - Offshore Island District
Parking
24 Spaces (10.45 Spaces per 1,000 SF Leased)
Frontage
160’ on Card Sound Road
Property Taxes
| Parcel Number | 00080241-000100 | Improvements Assessment | $394,424 |
| Land Assessment | $2 | Total Assessment | $394,426 |
Property Taxes
Parcel Number
00080241-000100
Land Assessment
$2
Improvements Assessment
$394,424
Total Assessment
$394,426
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