Established Italian Restaurant Near
For Sale
$399,500
136 S Atlantic Ave, Daytona Beach, FL 32118
Well-established Italian restaurant steps from the ocean in Daytona Beach.
Property Size1,880 SF
Lot Size0.25 Acres
Price / SF$212.50
Days on Market254
Property Features for 136 S Atlantic Ave
General Information
Standard status
Active
Size
1,880 SF
Lot size
0.25 Acres
Taxes and HOA fees
Annual Taxes
$3,636
Listing Agency:
FAME Real Estate LLC
Listed By:
Mike Khorassani
(386) 334-2226
Source:
Exprealty
Added: Jan 26
Changed: Oct 4
Last Checked: Oct 5 at 8:08PM
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 FAME Real Estate LLC
Investment Insights
Based on property information with market context.
This is an opportunity to own a well-established Italian restaurant located steps away from the ocean in Daytona Beach. The restaurant offers authentic Italian cuisine in a warm and inviting atmosphere, benefitting from its prime location in a bustling tourist area with high visibility. The 1,880-square-foot dining area includes additional outside seating. The property features a fully equipped kitchen with two walk-in freezers, two full bars, and a liquor license to convey with the sale. The business has an established reputation and a 3-year lease with the option to renew. The location is suitable for intimate dinners and larger gatherings alike. The property is located at 136 S Atlantic Ave, DAYTONA BEACH, FL, 32118-4302.
Key Highlights
- Prime location steps from the ocean in Daytona Beach with high visibility in a bustling tourist area.
- Thriving, well‑established Italian restaurant with an established reputation.
- Liquor license included with the sale.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,548
Cap Rate
7.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$570,960
$571.0K
Cap Rate 7%
$407,829
$407.8K
Cap Rate 9%
$317,200
$317.2K
Market Conditions
NOI Build-Up for 1,880 SF
Gross rent
$41.3K $21.96/SF
− Vacancy
−$3.2K −$1.71/SF
EGI
$38.1K $20.25/SF
− OpEx
−$9.5K −$5.06/SF
NOI
$28.5K $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 Rate 5%
$570,960
Cap Rate 7%
$407,829
Cap Rate 9%
$317,200
Alternative Uses
Best Use
Specialty Retail
$407.8K
$356.9K – $475.8K
NOI $28,548 @ 7.0% cap · market cap 7.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$554.3K
$485.0K – $646.7K
NOI $38,803 @ 7.0% cap · market cap 9.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
750
Businesses Nearby
55k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Shops & Services 43%
Hotels & Casinos 7%
Joe's Crab Shack
Dining
19,572 visits/mo
0.3 miles
7-Eleven
Shops & Services
9,090 visits/mo
0.3 miles
7-Eleven
Shops & Services
7,013 visits/mo
0.2 miles
Circle K
Shops & Services
4,699 visits/mo
0.4 miles
Domino's Pizza
Dining
4,599 visits/mo
0.5 miles
Demographics for 32118, FL
17,906
Population
16,390
Households
1.1
Avg Household Size
58
Median Age
31%
College-Educated
94%
High-School Grad
4.2 sq mi
ZIP Area
4,263
Density / Sq Mi
$60,418
Median Household Income
$36,153
Median Earnings
$1,283
Median Rent
$339,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Restaurant - Well-established Italian restaurant steps from the ocean in Daytona Beach.
Where is this restaurant located?
The property is located at 136 S Atlantic Ave Daytona Beach, FL.
What is the asking price?
The asking price for this property is $399,500.
What are key features of this property?
This property features: Prime location steps from the ocean in Daytona Beach with high visibility in a bustling tourist area.; Thriving, well‑established Italian restaurant with an established reputation.; Liquor license included with the sale.
