Drive-Through Flex Restaurant
13919 Hwy 77 Southport, FL 32409
For Sale
$900,000
SINGLE_FAMILY - Southport, FL
Property Size4,814 SF
Lot Size1.24 Acres
Price / SF$186.95
Days on Market47
Property Features for 13919 Hwy 77
General Information
- Property type
- Residential
- Property subtype
- Retail
- Standard status
- Active
- APN
- 26436-010-110
- Size
- 4,814 SF
- Lot size
- 1.24 Acres
Taxes and HOA fees
- Tax Description
- 13 1S 15W -9.1X- 72A COM AT INTERSECT OF W R/W HWY 77 & N LINE OF SE1/4 OF NE1/4 S 955.57' FOR POB TH CONT S 312' TO N R/W FITNESS RD W 291.22' N 311.26' E 269.75' TO POB LESS HWY 77 R/W ORB 1922 P 1728 ORB 2450 P 1937
Utilities
- Heating system
- Central, Electric (Heating)
Building Details
- Year built
- 2001
- Flooring type
- Concrete
- Building materials
- MetalSiding
- Roof type
- Metal
Listing Agency:
EXP Realty LLC
(888) 883-8509
Listed By:
Team Don and Bubba
(850) 624-8433
Added: Jun 9
Changed: Jul 12
Last Checked: Jul 25 at 12:06AM
MLS# 791031
Copyright © 2026 Central Panhandle 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 steel-constructed flex building offers approximately 4,800 square feet under roof, including 3,600 heated and cooled square feet, and is currently undergoing renovations scheduled to be fully completed prior to closing. The property is set up with a commercial-grade septic system sized for restaurant use, an existing kitchen hood system, and a layout designed for drive-through functionality. Ample on-site parking supports customers and deliveries, including trailer access, and the site includes dedicated ingress and egress.
Located on Hwy 77 in Southport, the property is positioned along a high-visibility corridor with strong commercial demand supported by ongoing residential growth in the area.
With restaurant-ready infrastructure already in place and a flexible interior configuration, the building can support a variety of commercial uses, including restaurant, retail, office, service-based businesses, or franchise operations.
Located on Hwy 77 in Southport, the property is positioned along a high-visibility corridor with strong commercial demand supported by ongoing residential growth in the area.
With restaurant-ready infrastructure already in place and a flexible interior configuration, the building can support a variety of commercial uses, including restaurant, retail, office, service-based businesses, or franchise operations.
Key Highlights
- Metal‑sided, steel‑constructed commercial building built in 2001 with metal roof
- 1.24 acres with excellent Hwy 77 frontage plus dedicated ingress/egress access
- Approximately 4,800 SF under roof: 3,600 SF heated and cooled, with additional unheated space
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $86.7k | $18.00 |
| − Vacancy | −$5.9k | −$1.22 |
| EGI | $80.8k | $16.78 |
| − OpEx | −$20.2k | −$4.19 |
| NOI | $60.6k | $12.58 |
4,814 SF · lease $18.00/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$865.3K
$757.1K – $1.01M
NOI $60,570 @ 7.0% cap · market cap 6.73%
Second Best
Flex RnD
$595.0K
$520.6K – $694.1K
NOI $41,648 @ 7.0% cap · market cap 4.63%
Theoretical Best
Office A
$1.40M
$1.23M – $1.64M
NOI $98,184 @ 7.0% cap · market cap 10.91%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Steel-constructed flex building with drive-through capabilities, commercial-grade kitchen systems, ample parking, and renovations scheduled complete before closing.
Where is this flex space located?
The property is located at 13919 Hwy 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: Metal‑sided, steel‑constructed commercial building built in 2001 with metal roof; 1.24 acres with excellent Hwy 77 frontage plus dedicated ingress/egress access; Approximately 4,800 SF under roof: 3,600 SF heated and cooled, with additional unheated space
