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Street-Front Restaurant and Bar

308 Seabreeze Boulevard Daytona Beach, FL 32118

New
308 Seabreeze Boulevard, Daytona Beach, FL, 32118
$3,900,000
For Sale
$3,900,000

Street-front in-line property with three full kitchens, six wet bars, and an outdoor bar/seating area.

Property Size17,636 SF
Price / SF$221.14
Days on Market6

Property Features for 308 Seabreeze Boulevard

General Information

Standard status
Active
Size
17,636 SF
Property subtype
Retail
Listing agency CBRE - Orlando
Listed by Kathy Bonini · License #SL3405473
Source Cbre
Added: Jul 17 Updated: Jul 20 at 9:43PM Checked: Jul 21 at 5:09AM

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 CBRE - Orlando


Investment Insights

Based on property information with market context.

This street-front in-line restaurant and bar opportunity includes three full kitchens and six wet bars, along with an outdoor bar and seating area. The property is configured to support on-site food and beverage service.

Located in the Seabreeze Blvd Entertainment District between the intercoastal waterway and the beach, the site offers convenient walkable access to nearby Daytona Beach entertainment, retailers, and activity.

The layout is suited for hospitality operations that require multiple kitchen stations and wet bar service, with outdoor guest seating also incorporated into the overall concept.

Key Highlights

  • Street‑front in‑line property in Daytona Beach’s Seabreeze Blvd Entertainment District
  • Over 17,600 SF with a multi‑kitchen setup, including three full kitchens
  • Six wet bars plus an outdoor bar/seating area

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $387.3k $21.96
− Vacancy −$30.2k −$1.71
EGI $357.1k $20.25
− OpEx −$89.3k −$5.06
NOI $267.8k $15.19
17,636 SF · lease $21.96/SF/yr · vacancy 7.80% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$3.83M
$3.35M – $4.46M (±1% cap)
NOI $267,809 @ 7.0% cap · market cap 6.87%
Second Best
Retail
$2.37M
$2.08M – $2.77M (±1% cap)
NOI $166,105 @ 7.0% cap · market cap 4.26%
Theoretical Best
Office A
$5.20M
$4.55M – $6.07M (±1% cap)
NOI $364,007 @ 7.0% cap · market cap 9.33%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

The Joint Bar & Pub

Suggested Use

Dental Office HVAC Service Hair Salon Garden Center Kitchen & Bath Showroom Electrical Service Skin Care Clinic Nail Salon Pharmacy Plumbing Service

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

FAQs

What type of property is this?
Storefront property - Street-front in-line property with three full kitchens, six wet bars, and an outdoor bar/seating area.
Where is this storefront property located?
The property is located at 308 Seabreeze Boulevard Daytona Beach, FL.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: Street‑front in‑line property in Daytona Beach’s Seabreeze Blvd Entertainment District; Over 17,600 SF with a multi‑kitchen setup, including three full kitchens; Six wet bars plus an outdoor bar/seating area
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