Drive-Through Restaurant
13919 Highway 77, Southport, FL 32409
For Sale
$900,000
Pending
Commercial for Sale, Southport, FL
Property Size4,800 SF
Lot Size1.24 Acres
Days on Market153
Property Features for 13919 Highway 77
General Information
Property type
Property subtype
Directions
Subdivision
Standard status
APN
Lot size
Taxes and HOA fees
Tax Description
Legal Description
Amenities
commercial-grade septic system
existing kitchen hood system
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
Bubba McCants · License #3062634
(850) 624-8433
Added: Jun 10
Changed: Nov 2
Last Checked: Nov 9 at 8:06AM
MLS# 1005144
Copyright © 2026 Emerald Coast 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.
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Investment Insights
Based on property information with market context.
The steel-constructed restaurant building provides approximately 4,800 square feet under roof, including 3,600 heated and cooled square feet. Drive-through capability, an existing kitchen hood, and a commercial-grade septic system sized for restaurant use are in place. Renovations are underway, with improvements scheduled for completion before closing.
Set on 1.24 acres along Highway 77 in Southport, the property includes parking and access for trailers, delivery vehicles, and customers. Its existing restaurant infrastructure and adaptable layout support restaurant operations, while the space may also suit retail, office, or service businesses.
Set on 1.24 acres along Highway 77 in Southport, the property includes parking and access for trailers, delivery vehicles, and customers. Its existing restaurant infrastructure and adaptable layout support restaurant operations, while the space may also suit retail, office, or service businesses.
Key Highlights
- Approximately 4,800 square feet under roof, including 3,600 heated and cooled square feet
- 1.24‑acre site on Highway 77 in Southport
- Drive‑through capability, existing kitchen hood, and restaurant‑sized commercial septic system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,394
Cap Rate
6.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,207,880
$1.2M
Cap Rate 7%
$862,771
$862.8K
Cap Rate 9%
$671,044
$671.0K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$86.4K $18.00/SF
− Vacancy
−$5.9K −$1.22/SF
EGI
$80.5K $16.78/SF
− OpEx
−$20.1K −$4.19/SF
NOI
$60.4K $12.58/SF
Area
Bay County, FL
Vacancy
6.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,207,880
Cap Rate 7%
$862,771
Cap Rate 9%
$671,044
Alternative Uses
Best Use
Specialty Retail
$862.8K
$754.9K – $1.01M
NOI $60,394 @ 7.0% cap · market cap 6.71%
Second Best
Retail
$750.9K
$657.0K – $876.0K
NOI $52,560 @ 7.0% cap · market cap 5.84%
Theoretical Best
Office A
$1.40M
$1.22M – $1.63M
NOI $97,899 @ 7.0% cap · market cap 10.88%
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
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
40
Businesses Nearby
15k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
8,254 visits/mo
0.3 miles
Exxon
Shops & Services
6,480 visits/mo
0.5 miles
Demographics for 32409, FL
10,394
Population
4,525
Households
2.3
Avg Household Size
42
Median Age
24%
College-Educated
90%
High-School Grad
126.6 sq mi
ZIP Area
82
Density / Sq Mi
$60,687
Median Household Income
$37,278
Median Earnings
$1,097
Median Rent
$221,500
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
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Restaurant infrastructure includes a commercial-grade septic system and an existing kitchen hood, with room for trailer access.
Where is this drive through restaurant located?
The property is located at 13919 Highway 77 Southport, FL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Approximately 4,800 square feet under roof, including 3,600 heated and cooled square feet; 1.24‑acre site on Highway 77 in Southport; Drive‑through capability, existing kitchen hood, and restaurant‑sized commercial septic system
