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Restaurant Space with Kitchen
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100 Long Point Road 2, Melbourne Beach, FL 32951

Built-out dining space includes commercial kitchen equipment and supports indoor and outdoor seating configurations.

Property Size4,500 SF
Price / SF$0.67
Days on Market60
Rey
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Property Features for 100 Long Point Road 2

General Information

Standard status Active
Size 4,500 SF

Amenities

built-out kitchen with equipment
Listing Agency: Blue Marlin Real Estate
Listed By: Justin Luke · License #3234313
Source: Startbrevardsearch
Added: Aug 17 Changed: Oct 7 Last Checked: Oct 14 at 10:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Blue Marlin Real Estate

Investment Insights

Based on property information with market context.

This restaurant property includes 4,500 square feet of space with a built-out commercial kitchen and existing equipment. The layout can accommodate both indoor and outdoor seating, allowing flexibility for different dining formats. The improvements may reduce the amount of initial construction required for a new restaurant concept or a rebranded operation.

The property is located at 100 Long Point Road, 2, in Melbourne Beach. Long Point park and camping ground are directly behind the site, while the Sebastian Inlet is less than two miles away. Nearby residential neighborhoods, vacation rentals, the Indian River Lagoon, and Atlantic beaches contribute to the surrounding recreational and residential context.

Key Highlights

  • 4,500 SF restaurant space at 100 Long Point Road, 2, Melbourne Beach, FL 32951
  • Built‑out commercial kitchen with equipment already in place
  • Layout supports both indoor and outdoor seating

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,500
Suggested Prices Based on Cap Rates
Cap Rate 5%
$550,000 $550.0K
Cap Rate 7%
$392,857 $392.9K
Cap Rate 9%
$305,556 $305.6K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$40.5K $9.00/SF
− Vacancy
−$1.2K −$0.27/SF
EGI
$39.3K $8.73/SF
− OpEx
−$11.8K −$2.62/SF
NOI
$27.5K $6.11/SF
Area
Brevard County, FL
Vacancy
3.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$550,000
Cap Rate 7%
$392,857
Cap Rate 9%
$305,556

Alternative Uses

Best Use
Specialty Retail
$856.3K
$749.3K – $999.0K (±1% cap)
NOI $59,940 @ 7.0% cap · market cap 1,998.00%
Second Best
Industrial
$392.9K
$343.8K – $458.3K (±1% cap)
NOI $27,500 @ 7.0% cap · market cap 916.67%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M (±1% cap)
NOI $83,106 @ 7.0% cap · market cap 2,770.20%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Plumbing Service Big Box & Wholesale Store Kitchen & Bath Showroom Fish Market Law Firm Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby
Well-served
Demand for This Use

Demographics for 32951, FL

11,525
Population
7,720
Households
1.5
Avg Household Size
61
Median Age
52%
College-Educated
97%
High-School Grad
8.1 sq mi
ZIP Area
1,423
Density / Sq Mi
$88,859
Median Household Income
$53,281
Median Earnings
$1,690
Median Rent
$495,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Built-out dining space includes commercial kitchen equipment and supports indoor and outdoor seating configurations.
Where is this conventional restaurant located?
The property is located at 100 Long Point Road 2 Melbourne Beach, FL.
What are key features of this property?
This property features: 4,500 SF restaurant space at 100 Long Point Road, 2, Melbourne Beach, FL 32951; Built‑out commercial kitchen with equipment already in place; Layout supports both indoor and outdoor seating
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