Beachside Sports Bar &
1368 Ocean Shore Boulevard, Ormond Beach, FL 32176
For Sale
New
$2,300,000
Pending
Indoor and outdoor seating, game areas, and an FSF license are part of the established bar and grill.
Property Size4,488 SF
Days on Market2
Property Features for 1368 Ocean Shore Boulevard
General Information
Standard status
Size
Zoning
Restaurant
Patio
Liquor License
Additional Details
Business Included
Currently Operating
Taxes and HOA fees
Annual Taxes
Amenities
multiple large screen TVs
game areas
Concrete,Epoxy,Tile
true
Display Window(s)
Public Records
Corner Lot,Near Public Transit,Neighbourhood,Street Lights
Public
27000
0.62
1
false
Paved,Asphalt
Slab
Street Lights,Street Paved,City Street,State Road
4488
Public Maintained Road
Building Details
Building Size
Year Built
Listing Agency:
(386) 753-3203
Listed By:
Susan Weise
Source:
Trademarkrealtygroupfl
Added: Nov 12
Changed: Nov 13
Last Checked: Nov 13 at 7:09PM
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 Susan Weise
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 4,488-square-foot bar and grill at 1368 Ocean Shore Boulevard includes indoor and outdoor seating, game areas, and multiple large-screen TVs. Full liquor service is noted with an FSF license. Built in 1957, the property is zoned B4.
The business and real estate are offered together on a corner lot in Ormond Beach, a short walk from the beach. The property also has parking and is near public transit.
The business and real estate are offered together on a corner lot in Ormond Beach, a short walk from the beach. The property also has parking and is near public transit.
Key Highlights
- 4,488‑square‑foot bar and grill
- Indoor and outdoor seating with game areas and multiple large‑screen TVs
- Full liquor service with an FSF license
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
Liquor license
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
$368,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Bars & Pubs in Volusia County, FL
Properties on Market for Bars & Pubs in Volusia County
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 - Indoor and outdoor seating, game areas, and an FSF license are part of the established bar and grill.
Where is this bar & pub located?
The property is located at 1368 Ocean Shore Boulevard 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: 4,488‑square‑foot bar and grill; Indoor and outdoor seating with game areas and multiple large‑screen TVs; Full liquor service with an FSF license
