Conventional Restaurant
For Sale
$255,000
103 AMBERSWEET WAY, Davenport, FL 33897
Conventional restaurant business built in 2006, located inside Bella Plaza Condominiums near major highways.
Days on Market779
Property Features for 103 AMBERSWEET WAY
General Information
Standard status
Active
Property subtype
Business Opportunity
Additional Details
Business Included
Yes
Highway Access
Yes
Building Details
Building Size
1,400 SF
Year Built
2006
Listing Agency:
EXP REALTY LLC
(352) 217-8200
Listed By:
Adriana Murcia · License #3142445
(352) 217-8200
Source:
Mbifloridarealty
Added: Jun 14, 2024
Changed: Jul 30
Last Checked: Jul 31 at 1:18PM
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 EXP REALTY LLC
Investment Insights
Based on property information with market context.
Conventional restaurant business built in 2006, located within Bella Plaza Condominiums at 103 AMBERSWEET WAY, Davenport, FL 33897. The property is presented as a ready-to-operate restaurant business.
The restaurant is situated close to Hwy 192 and Hwy 27, supporting convenient access for customers. Private tours are available by arrangement.
With the restaurant operating within a condominium setting, the location offers a built-in customer base from the surrounding residential community while remaining accessible via major thoroughfares nearby.
The restaurant is situated close to Hwy 192 and Hwy 27, supporting convenient access for customers. Private tours are available by arrangement.
With the restaurant operating within a condominium setting, the location offers a built-in customer base from the surrounding residential community while remaining accessible via major thoroughfares nearby.
Key Highlights
- Restaurant business at 103 AMBERSWEET WAY, Davenport, FL 33897
- Built in 2006
- Located in Bella Plaza Condominiums
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 | $26.0k | $18.60 |
| − Vacancy | −$1.8k | −$1.26 |
| EGI | $24.3k | $17.34 |
| − OpEx | −$6.1k | −$4.33 |
| NOI | $18.2k | $13.00 |
1,400 SF · lease $18.60/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$260.0K
$227.5K – $303.4K
NOI $18,202 @ 7.0% cap · market cap 7.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$336.4K
$294.4K – $392.5K
NOI $23,550 @ 7.0% cap · market cap 9.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
167
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33897, FL
25,352
Population
13,291
Households
1.9
Avg Household Size
38
Median Age
28%
College-Educated
94%
High-School Grad
41.8 sq mi
ZIP Area
607
Density / Sq Mi
$73,457
Median Household Income
$36,154
Median Earnings
$1,880
Median Rent
$279,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Conventional restaurant business built in 2006, located inside Bella Plaza Condominiums near major highways.
Where is this conventional restaurant located?
The property is located at 103 AMBERSWEET WAY Davenport, FL.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Restaurant business at 103 AMBERSWEET WAY, Davenport, FL 33897; Built in 2006; Located in Bella Plaza Condominiums
