Casey Key Fish House Real Estate and Business 801 Blackburn Point Rd 4,067 SF 100% Leased 4-Star Retail Building Osprey, FL 34229 $8,950,000 ($2,200.64/SF) 19.85% Cap Rate

Casey Key Fish House presents an extraordinary opportunity to acquire one of Southwest Florida’s most iconic waterfront dining destinations, seamlessly blending old Florida charm with strong, diverse income streams. Perfectly positioned along the Intracoastal Waterway in Osprey, this legacy property offers restaurant patrons, boaters, and locals a rare combination of waterfront access, memorable character, and proven commercial performance. From its original 1951 foundations to its thoughtful renovations in 2010 and further improvements in 2025, the property has been continually refined to meet modern operational needs while preserving its timeless appeal.
This offering includes the real estate, a thriving full-service restaurant operation, a popular open-air tiki bar overlooking a man-made beach, and marine access with cruise-up dockage that draws both locals and tourists year-round. The business generates approximately $5M in combined annual revenue across its three primary income entities, reflecting deep community roots and consistent consumer demand.
Situated at the base of the historic Casey Key swing bridge, the property benefits from steady traffic flow, immediate access to scenic natural amenities, and direct adjacency to a public park with additional parking and a public boat ramp. This irreplaceable location serves as both a destination and a gateway to the broader Sarasota South market, known for its affluent households, vibrant coastal culture, and high visitor activity.
Ideal for investors or experienced owner-operators seeking a stable, high-performing waterfront asset, Casey Key Fish House combines operational strength, unparalleled visibility, and lasting brand equity. With strong tenancy, full occupancy, exceptional financial indicators, and a site designed for long-term success, this is a rare chance to own one of Florida’s most recognized coastal dining venues.