Ormond Beach Sports Bar
For Sale
$650,000
1350 Ocean Shore Boulevard, Ormond Beach, FL 32176
COMMERCIAL - Ormond Beach, FL
Property Size2,400 SF
Lot Size0.67 Acres
Price / SF$270.83
Days on Market95
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
Central, Electric (Heating)
Cooling system
Electric, Central Air, Ceiling Fan(s)
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 4
Last Checked: Aug 10 at 6:06AM
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 commercial property in Ormond Beach, Florida, presents a sports bar business opportunity, including a 4COP liquor license. The license is movable, allowing for the opening of a liquor store or other businesses. Formerly a beer and wine sports bar, the 2,400-square-foot property is situated in a beachside area on a 0.67-acre lot. It was a place for patrons to play pool and socialize. The property is located at 1350 Ocean Shore Boulevard, Ormond Beach, FL 32176, in Volusia County.
Key Highlights
- Block construction with electric central HVAC (central air) and electric heating
- Off‑street parking plus parking lot
- Public water and public sewer hookup
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
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
- beach + vine — 1458 Ocean Shore Blvd, Ormond Beach, FL 32176
- Seaside Tavern — 1350 Ocean Shore Blvd, Ormond Beach, FL 32176
- 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
Frequently Asked Questions
What type of property is this?
Bar & Pub - Sports bar business with 4COP liquor license in Ormond Beach.
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: Block construction with electric central HVAC (central air) and electric heating; Off‑street parking plus parking lot; Public water and public sewer hookup
