Sports Bar and
For Sale
$1,479,999
1708 6TH Street SE, Winter Haven, FL 33880
For sale with business and equipment included, featuring extra-large illuminated signage for strong storefront visibility.
Property Size5,044 SF
Price / SF$293.42
Days on Market1012
Property Features for 1708 6TH Street SE
General Information
Standard status
Active
Size
5,044 SF
Property subtype
Commercial
Building Details
Year Built
1961
Listing Agency:
UNITED REALTY GROUP INC
Listed By:
Karen Myers · License #SL582222
(954) 249-6763
Source:
Realtygroupfl
Added: Dec 5, 2023
Changed: Sep 12
Last Checked: Sep 12 at 10:08AM
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 UNITED REALTY GROUP INC
Investment Insights
Based on property information with market context.
This sports bar and restaurant offering includes the building, business, and all equipment, with an inventory list available upon request. The property is presented as a ready-to-operate food and beverage opportunity.
The location is described as just off Cypress Gardens Blvd. and 6th Street SE, with strong visibility from all directions supported by an extra-large illuminated sign out front. The surrounding area includes shopping centers such as Walmart, TJMAXX, and Publix, along with nearby chain restaurants including Chili’s, Olive Garden, Red Lobster, and Outback. The remarks also note Legoland is a few miles away.
Call for a private showing after business hours.
The location is described as just off Cypress Gardens Blvd. and 6th Street SE, with strong visibility from all directions supported by an extra-large illuminated sign out front. The surrounding area includes shopping centers such as Walmart, TJMAXX, and Publix, along with nearby chain restaurants including Chili’s, Olive Garden, Red Lobster, and Outback. The remarks also note Legoland is a few miles away.
Call for a private showing after business hours.
Key Highlights
- Dukes Sports Bar Winter Haven for sale with business and equipment included; inventory list available upon request
- Extra‑large illuminated sign on‑site for storefront visibility
- Located just off Cypress Gardens Blvd. and 6th Street SE
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$65,579
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,311,580
$1.3M
Cap Rate 7%
$936,843
$936.8K
Cap Rate 9%
$728,656
$728.7K
Market Conditions
NOI Build-Up for 5,044 SF
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.
Gross rent
$93.8K $18.60/SF
− Vacancy
−$6.4K −$1.26/SF
EGI
$87.4K $17.34/SF
− OpEx
−$21.9K −$4.33/SF
NOI
$65.6K $13.00/SF
Area
Polk County, FL
Vacancy
6.80%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,311,580
Cap Rate 7%
$936,843
Cap Rate 9%
$728,656
Alternative Uses
Best Use
Specialty Retail
$936.8K
$819.7K – $1.09M
NOI $65,579 @ 7.0% cap · market cap 4.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,848 @ 7.0% cap · market cap 5.73%
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
1,126
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33880, FL
42,005
Population
17,055
Households
2.5
Avg Household Size
38
Median Age
17%
College-Educated
84%
High-School Grad
32.4 sq mi
ZIP Area
1,296
Density / Sq Mi
$56,803
Median Household Income
$35,051
Median Earnings
$1,128
Median Rent
$200,900
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
Questions? Ask Rey
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Similar Off Market Nearby
- Sip N Share Wine & More — 200 Post Ave SW, Winter Haven, FL 33880
- AJ Slammers — 508 Cypress Gardens Blvd, Winter Haven, FL 33880
- Olive Garden Italian Restaurant — 405 Cypress Gardens Blvd, Winter Haven, FL 33880
- Past Time Lounge — 1605 1st St S, Winter Haven, FL 33880
- Office Pub & Lounge — 1243 1st St S, Winter Haven, FL 33880
Frequently Asked Questions
What type of property is this?
Bar & Pub - For sale with business and equipment included, featuring extra-large illuminated signage for strong storefront visibility.
Where is this bar & pub located?
The property is located at 1708 6TH Street SE Winter Haven, FL.
What is the asking price?
The asking price for this property is $1,479,999.
What are key features of this property?
This property features: Dukes Sports Bar Winter Haven for sale with business and equipment included; inventory list available upon request; Extra‑large illuminated sign on‑site for storefront visibility; Located just off Cypress Gardens Blvd. and 6th Street SE
