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    299 E Broad St Groveland, FL 34736

    New
    For Sale
    $985,000

    Restaurant - GROVELAND, FL

    Property size:
    1,419 SF
    Lot size:
    0.65 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 14 at 7:06 am

    Property Features for 299 E Broad St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-2
    APN
    19-22-25-0002-000-01703
    Appliances
    Dishwasher, Microwave, Refrigerator, Washer
    Size
    1,419 SF
    Lot size
    0.65 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1985
    Building materials
    Block
    Roof type
    Metal
    Architectural style
    Other

    Dave Lowe Realty (352) 383-7104 [email protected]

    Listing agent Nova Fuller (352) 383-7104 License #3082499

    Listing date Dec 13, 2025

    MLS# G5105529 Listing URL

    Copyright © 2025 Stellar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Restaurant on Highway 50

    This turn-key restaurant opportunity is located in Groveland, Florida, a rapidly growing community in Central Florida. The property is situated on Highway 50. The restaurant features drive-through service, indoor dining, and a buffet. It has a well-established following and a strong community presence. The restaurant is known for its chicken recipe. Given Groveland’s expansion, the restaurant is positioned to capture more demand. The property is zoned C-2 and has a lot size of 0.65 acres. The building size is 1419 square feet. The property is located at 299 E BROAD STREET, GROVELAND, FL 34736.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Groveland
    County
    Lake
    State
    Florida
    Longitude
    -81.852793
    Latitude
    28.559159

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    FAQs

    What type of property is this?
    Restaurant - Profitable restaurant with drive-through, dine-in, and buffet options.
    Where is this restaurant located?
    The property is located at 299 E Broad St Groveland, FL.
    What is the asking price?
    The asking price for this property is $985,000.
    What are key features of this property?
    This property features: - Prime Hwy 50 Location in rapidly growing Groveland, FL.; - Turn-key restaurant opportunity with drive-through, dine-in, and buffet.; - Famous, one-of-a-kind chicken recipe.
    (352) 383-7104
    Request Owner's contact information
    299 E Broad St Groveland, FL 34736
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    Groveland, FL 34736
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    299 E Broad St Groveland, FL 34736
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