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Bar and Tavern with Outdoor Seating

4111 S Hopkins Ave, Titusville, FL 32780

For Sale
$525,000

IRC-Neighborhood Commercial zoning, two bar areas, and existing food-service equipment support hospitality use.

Property Size1,768 SF
Lot Size0.56 Acres
Price / SF$296.95
Days on Market12

Property Features for 4111 S Hopkins Ave

General Information

Standard status Active
Size 1,768 SF
Lot size 0.56 Acres
Zoning IRC-Neighborhood Commercial

Restaurant

Patio Yes
Equipment Included Yes

Additional Details

Furnished Yes

Taxes and HOA fees

Annual Taxes $2,594
Listing Agency: Noble & Co. R.E. Professionals
Listed By: Courtney R Noble · License #3135692
Source: Exprealty
Added: Oct 29 Changed: Nov 8 Last Checked: Nov 8 at 5:55AM

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 Noble & Co. R.E. Professionals

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This bar and tavern property sits on a 0.56-acre lot. The main building contains 1,836 square feet, with a primary bar, two restrooms, a walk-in cooler, and a kitchen with appliances. Bar-related plumbing and electrical infrastructure and existing FF&E are also in place. A separate 240-square-foot bar has two additional restrooms and its own equipment. Outside, a metal canopy covers part of the entertaining area and seating.

IRC-Neighborhood Commercial zoning applies to the property, which is located two blocks from the Indian River. The site includes space for patron parking.

Key Highlights

  • 0.56‑acre lot with space for patron parking
  • Main building totals 1,836 square feet and includes a primary bar, kitchen, walk‑in cooler, and two restrooms
  • Separate 240‑square‑foot bar has two restrooms and equipment

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,550
Cap Rate
4.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$471,000 $471.0K
Cap Rate 7%
$336,429 $336.4K
Cap Rate 9%
$261,667 $261.7K
Market Conditions
NOI Build-Up for 1,768 SF
Gross rent
$33.9K $19.20/SF
− Vacancy
−$2.5K −$1.44/SF
EGI
$31.4K $17.76/SF
− OpEx
−$7.8K −$4.44/SF
NOI
$23.5K $13.32/SF
Area
Brevard County, FL
Vacancy
7.50%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$471,000
Cap Rate 7%
$336,429
Cap Rate 9%
$261,667

Alternative Uses

Best Use
Specialty Retail
$336.4K
$294.4K – $392.5K (±1% cap)
NOI $23,550 @ 7.0% cap · market cap 4.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$466.4K
$408.1K – $544.2K (±1% cap)
NOI $32,651 @ 7.0% cap · market cap 6.22%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Cold Spot Bar & Pub

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Dental Office Food Market Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

547
Businesses Nearby
Balanced
Demand for This Use

Demographics for 32780, FL

39,525
Population
19,984
Households
2
Avg Household Size
48
Median Age
27%
College-Educated
92%
High-School Grad
68.1 sq mi
ZIP Area
580
Density / Sq Mi
$64,670
Median Household Income
$39,882
Median Earnings
$1,258
Median Rent
$250,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Bars & Pubs in Brevard County, FL

$210 Jul
$155 Aug
$317 Sep
$352 Oct

Properties on Market for Bars & Pubs in Brevard County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • River City Bar & Grill, — 800 Cheney Hwy, Titusville, FL 32780
  • Circle K — 200 Cheney Hwy, Titusville, FL 32780
  • Zero Gravity Wine Bar — 4356 S Hopkins Ave, Titusville, FL 32780
  • Busted Knuckle Titusville — 4215 coquina ave, titusville, fl 32780
  • Cold Spot — 4111 S Hopkins Ave, Titusville, FL 32780

Frequently Asked Questions

What type of property is this?
Bar & Pub - IRC-Neighborhood Commercial zoning, two bar areas, and existing food-service equipment support hospitality use.
Where is this bar & pub located?
The property is located at 4111 S Hopkins Ave Titusville, FL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 0.56‑acre lot with space for patron parking; Main building totals 1,836 square feet and includes a primary bar, kitchen, walk‑in cooler, and two restrooms; Separate 240‑square‑foot bar has two restrooms and equipment
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