Mixed-Use Restaurant
For Sale
Under Contract
$790,000
17436 7TH Street, Montverde, FL 34756
Commercial Sale, MONTVERDE, FL
Property Size2,547 SF
Lot Size0.25 Acres
Price / SF$310.17
Days on Market81
Property Features for 17436 7TH Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-1
Subdivision
MONTVERDE DIV E
Directions
From Hwy 50. North on 455 to Montverde that becomes 7th St in city limits. Property on Right.
Standard status
Active Under Contract
APN
01-22-26-1000-001-00301
Size
2,547 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
MONTVERDE DIVISION E S 82 FT OF N 142 FT OF W 135 FT BLK 1 *UNRECORDED PLAT SEE DEED FOR FULL PROPERTY DESCRIPTION ORB 6472 PG 276
Tax Annual Amount
4403
Legal Description
MONTVERDE DIVISION E S 82 FT OF N 142 FT OF W 135 FT BLK 1 *UNRECORDED PLAT SEE DEED FOR FULL PROPERTY DESCRIPTION ORB 6472 PG 276
Utilities
Cooling system
Wall/Window Unit(s), Central Air, Window Unit(s)
Building Details
Year built
1947
Floors in Building
1
Building materials
Block
Listing Agency:
WEICHERT REALTORS HALLMARK PRO
(407) 299-3000
Listed By:
Jeff Jacobson · License #605309
(321) 662-1671
Added: Jun 1
Changed: Aug 20
Last Checked: Aug 20 at 3:06AM
MLS# O6412025
Copyright © 2026 Stellar MLS. 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 2,547-square-foot mixed-use property combines a restaurant component with three residential rental units on a 0.25-acre parcel. The building was constructed in 1947 with block construction and includes restaurant FF&E. Cooling is provided through central air and wall/window units.
Located at 17436 7TH Street in Montverde, the property offers a commercial configuration with residential occupancy already part of the improvements. Existing residential leases either expire by January 2027 or continue month to month, providing flexibility for future planning. C-1 zoning supports the property’s current mixed-use profile.
Located at 17436 7TH Street in Montverde, the property offers a commercial configuration with residential occupancy already part of the improvements. Existing residential leases either expire by January 2027 or continue month to month, providing flexibility for future planning. C-1 zoning supports the property’s current mixed-use profile.
Key Highlights
- 2,547‑square‑foot mixed‑use property on 0.25 acres
- Restaurant component with FF&E conveying
- Three residential rental units included
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
$39,693
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
5.02%
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%
$793,860
$793.9K
Cap Rate 7%
$567,043
$567.0K
Cap Rate 9%
$441,033
$441.0K
Market Conditions
NOI Build-Up for 2,547 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
$55.0K $21.60/SF
− Vacancy
−$2.1K −$0.82/SF
EGI
$52.9K $20.78/SF
− OpEx
−$13.2K −$5.19/SF
NOI
$39.7K $15.58/SF
Area
Lake County, FL
Vacancy
3.80%
Lease Rate
$21.60 /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%
$793,860
Cap Rate 7%
$567,043
Cap Rate 9%
$441,033
Alternative Uses
Best Use
Specialty Retail
$567.0K
$496.2K – $661.6K
NOI $39,693 @ 7.0% cap · market cap 5.02%
Second Best
Multifamily LT 5
$485.3K
$424.6K – $566.2K
NOI $33,971 @ 7.0% cap · market cap 4.30%
Theoretical Best
Office A
$724.8K
$634.2K – $845.6K
NOI $50,736 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
171
Businesses Nearby
Explore this area
Business Placement
Demographics for 34756, FL
3,985
Population
1,515
Households
2.6
Avg Household Size
44
Median Age
34%
College-Educated
93%
High-School Grad
9.1 sq mi
ZIP Area
438
Density / Sq Mi
$124,495
Median Household Income
$53,652
Median Earnings
$1,449
Median Rent
$535,900
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Restaurant space is paired with three residential rental units and C-1 zoning.
Where is this mixed-use property located?
The property is located at 17436 7TH Street Montverde, FL.
What is the asking price?
The asking price for this property is $790,000.
What are key features of this property?
This property features: 2,547‑square‑foot mixed‑use property on 0.25 acres; Restaurant component with FF&E conveying; Three residential rental units included
