Turn-Key Sports Bar
For Sale
Contact for pricing
Pending
1368 OCEAN SHORE BLVD, Ormond Beach, FL 32176
Completely remodeled sports bar with all-electric kitchen, walk-in cooler/freezer, and three ADA restrooms.
Property Size4,488 SF
Days on Market156
Property Features for 1368 OCEAN SHORE BLVD
General Information
Standard status
Pending
Size
4,488 SF
Property subtype
Business
Additional Details
Business Included
Yes
Heavy Power
Yes
Taxes and HOA fees
Annual Taxes
$12,712
Building Details
Building Size
4,488 SF
Year Built
1957
Listing Agency:
LUBANSKY & WHITE REALTY
Listed By:
Herb Lubansky · License #BK-53585
(386) 212-1598
Source:
Thefullerproperties
Added: May 24
Changed: Oct 25
Last Checked: Oct 24 at 9:55PM
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 LUBANSKY & WHITE REALTY
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This turn-key sports bar and restaurant property has been completely remodeled for a streamlined operation. The buildout includes an all-electric kitchen with 3-phase equipment, a walk-in cooler, and a walk-in freezer. The bar area features a large walk-in beer cooler, and the electrical system has been upgraded. Public spaces include three ADA restrooms. Improvements also include added beams to support a second-floor ocean view deck over the bar area, along with planning for a dumbwaiter and elevator.
The business is beachside and located just across the street from the Atlantic Ocean. The operation includes a full-service liquor bar, and the venue offers games and pool tables.
The owner is offering the business as an EZ to take over turn-key operation, subject to NDA and proof of funds for additional information.
The business is beachside and located just across the street from the Atlantic Ocean. The operation includes a full-service liquor bar, and the venue offers games and pool tables.
The owner is offering the business as an EZ to take over turn-key operation, subject to NDA and proof of funds for additional information.
Key Highlights
- 1957‑built sports bar with a completely remodeled interior and upgraded electrical system
- All‑electric kitchen with 3‑phase equipment
- Walk‑in cooler and walk‑in freezer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,152
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,363,040
$1.4M
Cap Rate 7%
$973,600
$973.6K
Cap Rate 9%
$757,244
$757.2K
Market Conditions
NOI Build-Up for 4,488 SF
Gross rent
$98.6K $21.96/SF
− Vacancy
−$7.7K −$1.71/SF
EGI
$90.9K $20.25/SF
− OpEx
−$22.7K −$5.06/SF
NOI
$68.2K $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%
$1,363,040
Cap Rate 7%
$973,600
Cap Rate 9%
$757,244
Alternative Uses
Best Use
Specialty Retail
$973.6K
$851.9K – $1.14M
NOI $68,152 @ 7.0% cap · market cap 2.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.32M
$1.16M – $1.54M
NOI $92,632 @ 7.0% cap · market cap 4.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
387
Businesses Nearby
57k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 42%
Groceries 37%
Apparel 11%
Dining 10%
Publix
Groceries
19,399 visits/mo
0.3 miles
Mobil
Shops & Services
8,190 visits/mo
0.4 miles
Bealls
Apparel
6,405 visits/mo
0.3 miles
Dollar General
Shops & Services
5,156 visits/mo
0.3 miles
Dunkin' Donuts
Dining
5,101 visits/mo
0.4 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
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
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 - Completely remodeled sports bar with all-electric kitchen, walk-in cooler/freezer, and three ADA restrooms.
Where is this bar & pub located?
The property is located at 1368 OCEAN SHORE BLVD Ormond Beach, FL.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 1957‑built sports bar with a completely remodeled interior and upgraded electrical system; All‑electric kitchen with 3‑phase equipment; Walk‑in cooler and walk‑in freezer
