Sports Bar Business with Liquor
For Sale
$650,000
1350 Ocean Shore Boulevard, Ormond Beach, FL 32176
Commercial Sale, Ormond Beach, FL
Property Size2,400 SF
Lot Size0.67 Acres
Price / SF$270.83
Days on Market111
Property Features for 1350 Ocean Shore Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking features
Off Street, Parking Lot
Security features
Security Lighting
Lot features
Cleared
Directions
From A1A & Granada Blvd. Go N past Publix super market to Seaside Tavern.
Subdivision
18 - Ormond-By-The-Sea
Standard status
Active
APN
4203-13-00-1370
Size
2,400 SF
Lot size
0.67 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
N 100.36 FT MEAS ON OS BLVD OF LOT A ORMOND BY THE SEA PLAT 6 MB 11 PGS 282-283 INC EXC R/W & EXC W 15 FT PER OR 1138 PG 0594 PER OR 0662 PG 0249 & INC S 34.37 FT ON W/L & S 103.15 FT ON E/L OF N 373.15 FT S OF PALM DR OF E 180 FT W OF OS BLVD OF LOT 6 R
Legal Description
N 100.36 FT MEAS ON OS BLVD OF LOT A ORMOND BY THE SEA PLAT 6 MB 11 PGS 282-283 INC EXC R/W & EXC W 15 FT PER OR 1138 PG 0594 PER OR 0662 PG 0249 & INC S 34.37 FT ON W/L & S 103.15 FT ON E/L OF N 373.15 FT S OF PALM DR OF E 180 FT W OF OS BLVD OF LOT 6 R
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Ceiling Fan(s), Electric, Central Air
Water source
Public
Building Details
Year built
1984
Floors in Building
1
Number of units
2
Building materials
Block
Listing Agency:
Lubansky & White Realty
(386) 756-6866
Listed By:
Herb Lubansky · License #BK-53585
(386) 212-1598
Added: May 8
Changed: Aug 20
Last Checked: Aug 26 at 12:06PM
MLS# 1226270
Copyright © 2026 Daytona Beach Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,400-square-foot commercial property at 1350 Ocean Shore Boulevard includes a 4COP liquor license that is movable for use with a liquor store or another business. The property previously operated as a Beer & Wine sports bar and includes two bathrooms, block construction, central electric heating, central air conditioning, ceiling fans, off-street parking, and a parking lot.
Located in Ormond Beach’s beachside area, the property is served by public water and public sewer. Built in 1984, the building provides an existing commercial setting for a bar or pub business, subject to applicable licensing and use requirements.
Located in Ormond Beach’s beachside area, the property is served by public water and public sewer. Built in 1984, the building provides an existing commercial setting for a bar or pub business, subject to applicable licensing and use requirements.
Key Highlights
- 4COP liquor license is movable for a liquor store or other business
- 2,400 square feet on 0.67 acres
- Former Beer & Wine sports bar with pool‑playing use
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,445
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$728,900
$728.9K
Cap Rate 7%
$520,643
$520.6K
Cap Rate 9%
$404,944
$404.9K
Market Conditions
NOI Build-Up for 2,400 SF
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.
Gross rent
$52.7K $21.96/SF
− Vacancy
−$4.1K −$1.71/SF
EGI
$48.6K $20.25/SF
− OpEx
−$12.1K −$5.06/SF
NOI
$36.4K $15.19/SF
Area
Volusia County, FL
Vacancy
7.80%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$728,900
Cap Rate 7%
$520,643
Cap Rate 9%
$404,944
Alternative Uses
Best Use
Specialty Retail
$520.6K
$455.6K – $607.4K
NOI $36,445 @ 7.0% cap · market cap 5.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$707.7K
$619.2K – $825.6K
NOI $49,536 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
370
Businesses Nearby
59k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 43%
Groceries 36%
Apparel 11%
Dining 10%
Publix
Groceries
19,399 visits/mo
0.1 miles
Mobil
Shops & Services
8,190 visits/mo
0.2 miles
Bealls
Apparel
6,405 visits/mo
0.1 miles
Dollar General
Shops & Services
5,156 visits/mo
0.5 miles
Dunkin' Donuts
Dining
5,101 visits/mo
0.3 miles
Demographics for 32176, FL
14,410
Population
10,329
Households
1.4
Avg Household Size
59
Median Age
38%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
2,528
Density / Sq Mi
$72,248
Median Household Income
$39,529
Median Earnings
$1,436
Median Rent
$368,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Circle K — 1150 Ocean Shore Blvd, Ormond Beach, FL 32176
- Hanky Panky's Lounge — 1088 Ocean Shore Blvd, Ormond Beach, FL 32176
- Peckers Pub — 1350 Ocean Shore Blvd # B, Ormond Beach, FL 32176
- Seaside Tavern — 1350 Ocean Shore Blvd, Ormond Beach, FL 32176
- beach + vine — 1458 Ocean Shore Blvd, Ormond Beach, FL 32176
Frequently Asked Questions
What type of property is this?
Bar & Pub - Beachside commercial space includes off-street parking, public utilities, and central heating and air conditioning.
Where is this bar & pub located?
The property is located at 1350 Ocean Shore Boulevard Ormond Beach, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 4COP liquor license is movable for a liquor store or other business; 2,400 square feet on 0.67 acres; Former Beer & Wine sports bar with pool‑playing use
