Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    107 SE 10Th St Deerfield Beach, FL 33441

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $130,000

    Fully equipped Jamaican restaurant with high traffic location.

    Property Features for 107 SE 10Th St

    General Information

    Property type
    Other
    Standard status
    Active

    Building Details

    Year built
    1979

    We can help!

    Listing Contact
    Ravi Malhotra
    Source: Elliman

    Listing Agent: Ravi Malhotra

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Turnkey Restaurant in Deerfield Beach

    This is a turnkey restaurant opportunity featuring Flavor's Caribbean Restaurant located in Deerfield Beach. The fully equipped and well-established Jamaican restaurant is situated in a high-traffic area of East Deerfield Beach. The restaurant includes a spacious dining area and a modern kitchen. All necessary equipment is included. The kitchen features a 6.5-foot hood with fire suppression, an in-ground grease trap, a 10-burner stove with a double oven, a 4-burner candy stove, an 8x6 walk-in cooler, additional reach-in coolers, and a large hot table. The current lease has 3 years remaining at $3900 per month, with an option to renew for an additional 10 years. This established, profitable business has loyal clientele and huge growth potential, making it ideal for owner-operators. The restaurant can maintain its current concept or be adapted to a new one.
    Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Deerfield Beach
    County
    Broward
    State
    Florida
    Longitude
    -80.1005
    Latitude
    26.3109

    Nearby Similar for Sale

    • $359,000
      835 SF

      Move-in Ready Medical Office Space

      Renovated medical office in East Deerfield with ample parking.
      665 SE 10Th St, Deerfield Beach, FL 33441
      View Details
    • $529,999
      1,332 SF

      Deerfield Beach Office Space For Sale

      Office space in Deerfield Beach with flexible layout.
      1239 E Newport Center Dr, Deerfield Beach, FL 33442
      View Details
    • $99,990

      Profitable Restaurant Near Beach

      Turnkey restaurant near the beach with strong local following.
      1965 NE 2Nd St, Deerfield Beach, FL 33441
      View Details
    • $2,299,000
      2,549 SF

      Deerfield Beach Fourplex Near Beach

      Fourplex near the beach, operating as a short-term rental.
      1944 NE 5Th St, Deerfield Beach, FL 33441
      View Details
    • $150,000
      3.35 Acres

      Operating Pawn Shop For Sale

      Fully operational pawn shop with inventory and licenses included for sale.
      4581 N Dixie Hwy, Deerfield Beach, FL 33064
      View Details
    • $150,000

      Operating Pawn Shop For Sale

      Fully operational pawn shop with inventory and licenses included.
      4581 N Dixie Hwy, Deerfield Beach, FL 33064
      View Details
    • Contact for pricing

      Professional Office Suite For Sale

      600 SF office suite in well-maintained building.
      805 E Hillsboro Blvd, Deerfield Beach, FL 33441
      View Details
    • $495,000
      Pending

      Free Standing Building Half Ownership

      Unique multi-use building with frontage to Powerline Rd.
      324 S Powerline Rd, Deerfield Beach, FL 33442
      View Details
    • $1,500,000
      3,154 SF

      Deerfield Beach Quadplex

      Newly built four-family apartments near Deerfield Beach.
      Deerfield Beach, FL 33441
      View Details
    • Contact for pricing

      Free Standing Building For Sale

      Free standing building in Deerfield Beach with high traffic.
      2215 W Hillsboro Blvd, Deerfield Beach, FL 33442
      View Details
    • Contact for pricing

      Move-in Ready Office Space

      680 SF office unit with remodeled bathroom and parking.
      4350 NW 19Th Ave, Deerfield Beach, FL 33064
      View Details
    • Contact for pricing

      Sub-Lease Office Space Available

      Campus-style office space for sub-lease in Deerfield Beach, Florida.
      333 SW 12Th Ave, Deerfield Beach, FL 33442
      View Details

    FAQs

    What type of property is this?
    Restaurant - Fully equipped Jamaican restaurant with high traffic location.
    Where is this restaurant located?
    The property is located at 107 SE 10Th St Deerfield Beach, FL.
    What is the asking price?
    The asking price for this property is $130,000.
    What are key features of this property?
    This property features: - Turnkey, fully equipped restaurant ready for immediate operation.; - Owner financing available.; - Established business with loyal clientele and huge growth potential.
    (954) 822-3515
    Request Owner's contact information
    107 SE 10Th St Deerfield Beach, FL 33441
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    107 SE 10Th St
    Deerfield Beach, FL 33441
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    107 SE 10Th St Deerfield Beach, FL 33441
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ravi Malhotra
    (954) 822-3515
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!