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Drive-Through Restaurant with Indoor Dining
For Sale
$985,000

299 E BROAD Street, Groveland, FL 34736

Commercial Sale, GROVELAND, FL

Property Size1,419 SF
Lot Size0.65 Acres
Price / SF$694.15
Days on Market260

Property Features for 299 E BROAD Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning C-2
Appliances Dishwasher, Microwave, Refrigerator
Directions Intersection Hwy 19 and E Crittenden turn left go .3 mi to Hwy 33 t Right on E Broad St (Hwy 50) 450 ft on the right.
Subdivision 34736 - Groveland
Standard status Active
APN 19-22-25-0002-000-01703
Size 1,419 SF
Lot size 0.65 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description FROM E LINE OF SE 1/4 OF SW 1/4 OF NW 1/4 THAT IS 8.78 FT S OF CENTERLINE OF ACL RR R/W RUN S 0-13-10 E ALONG E LINE OF SE 1/4 OF SW 1/4 OF NW 1/4 A DIST OF 90.46 FT TO A POINT ON OLD N'LY R/W LINE OF SR 50 SAID R/W LINE BEING 40 FT FROM & PARALLEL WITH THE CENTERLINE OF SAID SR 50 SAID R/W LINE ALSO BEING A CURVE CONCAVE N'LY & HAVING A RADIUS OF 2824.93 FT THENCE NW'LY ALONG SAID R/W LINE & THE ARC OF SAID CURVE A DIST OF 350 FT FOR POB CONT NW'LY ALONG SAID R/W LINE & THE ARC OF SAID CURVE 250 FT THENCE N 33-18-07 E 141.70 FT TO A POINT THAT IS 8 FT S FROM THE CENTERLINE OF ACL RR R/W S 56-29-24 E PARALLEL WITH THE SAID CENTERLINE 170.81 FT S 0-13-10 E 141.28 FT TO POB ORB 835 PG 816
Tax Annual Amount 4374
Legal Description FROM E LINE OF SE 1/4 OF SW 1/4 OF NW 1/4 THAT IS 8.78 FT S OF CENTERLINE OF ACL RR R/W RUN S 0-13-10 E ALONG E LINE OF SE 1/4 OF SW 1/4 OF NW 1/4 A DIST OF 90.46 FT TO A POINT ON OLD N'LY R/W LINE OF SR 50 SAID R/W LINE BEING 40 FT FROM & PARALLEL WITH THE CENTERLINE OF SAID SR 50 SAID R/W LINE ALSO BEING A CURVE CONCAVE N'LY & HAVING A RADIUS OF 2824.93 FT THENCE NW'LY ALONG SAID R/W LINE & THE ARC OF SAID CURVE A DIST OF 350 FT FOR POB CONT NW'LY ALONG SAID R/W LINE & THE ARC OF SAID CURVE 250 FT THENCE N 33-18-07 E 141.70 FT TO A POINT THAT IS 8 FT S FROM THE CENTERLINE OF ACL RR R/W S 56-29-24 E PARALLEL WITH THE SAID CENTERLINE 170.81 FT S 0-13-10 E 141.28 FT TO POB ORB 835 PG 816

Utilities

Sewer type Public Sewer
Cooling system Central Air

Building Details

Year built 1985
Floors in Building 1
Building materials Block
Roof type Metal
Listing Agency: DAVE LOWE REALTY, INC.
Listed By: Nova Fuller · License #3082499
Added: Dec 10, 2025 Changed: Aug 26 Last Checked: Aug 27 at 6:06PM
MLS# G5105529

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 1,419-square-foot restaurant property supports both drive-through and dine-in operations, with indoor seating and buffet service. The building was constructed in 1985 using block construction and has a metal roof, central air, and public sewer service. On-site equipment includes a dishwasher, microwave, and refrigerator.

Located at 299 E Broad Street in Groveland, Florida, the property is also described as having direct positioning on Hwy 50. The site encompasses 0.65 acres and carries C-2 zoning. The existing configuration provides a compact restaurant setting with customer seating, food-service functionality, and drive-through access.

Key Highlights

  • 1,419 square feet of restaurant space on a 0.65‑acre site
  • Drive‑through and dine‑in restaurant configuration with indoor seating and buffet service
  • C‑2 zoning

Property Analytics

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Gym & Fitness Center Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

365
Businesses Nearby
98k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 87% Dining 10% Electronics 3%
RaceTrac Shops & Services
46,268 visits/mo 0.1 miles
7-Eleven Shops & Services
21,829 visits/mo 0.1 miles
Hardee's Dining
9,341 visits/mo 0.4 miles
Family Dollar Shops & Services
4,570 visits/mo 0.3 miles
Shell Shops & Services
3,782 visits/mo 0.0 miles

Demographics for 34736, FL

24,679
Population
10,029
Households
2.5
Avg Household Size
41
Median Age
32%
College-Educated
87%
High-School Grad
115.0 sq mi
ZIP Area
215
Density / Sq Mi
$82,478
Median Household Income
$42,322
Median Earnings
$1,535
Median Rent
$335,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - C-2-zoned restaurant property combines drive-through service with indoor seating and buffet space.
Where is this drive through restaurant located?
The property is located at 299 E BROAD Street Groveland, FL.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: 1,419 square feet of restaurant space on a 0.65‑acre site; Drive‑through and dine‑in restaurant configuration with indoor seating and buffet service; C‑2 zoning
More about this property
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