Restaurant with Rental
17436 7TH ST Montverde, FL 34756
17436 7TH ST, Montverde, FL, 34756
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For Sale
Contact for pricing
Multi-unit property with a current BBQ restaurant plus three residential rental units, including FF&E that conveys.
Property Size2,484 SF
Price / SF$341.79
Days on Market19
Property Features for 17436 7TH ST
General Information
- Standard status
- Active
- Size
- 2,484 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1947
Listing agency
Weichert Realtors Hallmark Properties
(321) 662-1671
Listed by
Jeff Jacobson · License #FL - SL605309
Source
Crexi
Added: Jul 3 Updated: Jul 20 at 5:38PM Checked: Jul 20 at 5:38PM
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 Weichert Realtors Hallmark Properties
Investment Insights
Based on property information with market context.
This property offers a second-generation restaurant setup currently operating as a BBQ restaurant, along with three residential rental units. The listing notes that the restaurant’s FF&E conveys with the sale, and the residential rental income is provided separately from the restaurant operation.
The residential rental income total is listed as $33,600 per year (not including the restaurant). The rental leases are described as either expiring by January 2027 or operating on a month-to-month basis.
For a buyer considering an owner-operator or mixed-use approach, the property provides on-site restaurant space together with residential units that can continue to generate income under the current lease terms.
The residential rental income total is listed as $33,600 per year (not including the restaurant). The rental leases are described as either expiring by January 2027 or operating on a month-to-month basis.
For a buyer considering an owner-operator or mixed-use approach, the property provides on-site restaurant space together with residential units that can continue to generate income under the current lease terms.
Key Highlights
- Year built 1947 multi‑unit property with a current BBQ restaurant plus three residential rental units
- Restaurant FF&E conveys with the sale
- Three residential rental units generate $33,600/year in current rental income (not including restaurant)
Local 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 | $53.7k | $21.60 |
| − Vacancy | −$2.0k | −$0.82 |
| EGI | $51.6k | $20.78 |
| − OpEx | −$12.9k | −$5.19 |
| NOI | $38.7k | $15.58 |
2,484 SF · lease $21.60/SF/yr · vacancy 3.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$553.0K
$483.9K – $645.2K
NOI $38,712 @ 7.0% cap · market cap 4.56%
Second Best
Multifamily LT 5
$473.3K
$414.1K – $552.2K
NOI $33,130 @ 7.0% cap · market cap 3.90%
Theoretical Best
Office A
$706.9K
$618.5K – $824.7K
NOI $49,481 @ 7.0% cap · market cap 5.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Willie's Bar-b-que
Restaurant
FAQs
What type of property is this?
Conventional restaurant - Multi-unit property with a current BBQ restaurant plus three residential rental units, including FF&E that conveys.
Where is this conventional restaurant located?
The property is located at 17436 7TH ST Montverde, FL.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Year built 1947 multi‑unit property with a current BBQ restaurant plus three residential rental units; Restaurant FF&E conveys with the sale; Three residential rental units generate $33,600/year in current rental income (not including restaurant)
