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Equipped Restaurant and Sports Bar
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4828 S Suncoast Blvd, Homosassa, FL 34446

Two-building commercial property with an operating restaurant, outdoor seating, pool room, and a leased cabinet shop.

Property Size4,172 SF
Lot Size0.92 Acres
Price / SF$161.79
Days on Market10

Property Features for 4828 S Suncoast Blvd

General Information

Standard status Active
Size 4,172 SF
Lot size 0.92 Acres
Property subtype RETAIL

Site & Location

Traffic Count 30,000 vehicles/day
Highway Access Yes
Road Access Yes

Restaurant

Seating Capacity 50
Patio Yes
Equipment Included Yes

Additional Details

Business Included Yes

Building Details

Buildings 2
Listing Agency: Century 21 J.W. Morton Real Estate, Inc.
Listed By: Thao Le · License #3390499
Source: Moodyscre
Added: Jul 23 Changed: Jul 31 Last Checked: Jul 31 at 5:26PM

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 Century 21 J.W. Morton Real Estate, Inc.

Investment Insights

Based on property information with market context.

Located at 4828 S Suncoast Blvd in Homosassa, FL, this two-building commercial property contains 4,172 square feet on 0.92 acres. Building 1 is a 2,880-square-foot fully equipped restaurant, sports bar, and grill with full liquor service, indoor and outdoor seating, and a separate pool room. The restaurant has a 50-seating capacity and includes trained staff and ample parking.

The property fronts Highway 19 and carries a reported traffic count of 30,000 VPD. Building 2 is currently leased to a cabinet shop, providing an additional income component. The existing restaurant operation, second-building tenancy, and available parking support continued restaurant use along with the property’s stated leasing potential.

Key Highlights

  • 4,172 sq. ft. across two buildings on 0.92 acres
  • 2,880 sq. ft. fully equipped restaurant, sports bar, and grill
  • 50‑seating capacity with indoor and outdoor seating

Financial Insights For Industrial

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 $41.6k $9.96
− Vacancy −$2.3k −$0.55
EGI $39.3k $9.41
− OpEx −$11.8k −$2.82
NOI $27.5k $6.59
4,172 SF · lease $9.96/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Specialty Retail
$937.4K
$820.3K – $1.09M (±1% cap)
NOI $65,621 @ 7.0% cap · market cap 9.72%
Second Best
Industrial
$392.7K
$343.6K – $458.1K (±1% cap)
NOI $27,487 @ 7.0% cap · market cap 4.07%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Grumpy Gators Bar ... Bar & Pub

Suggested Use

Top Pick Building Supply HVAC Service Auto Parts Store Big Box & Wholesale Store Dental Office Bakery

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

30,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

183
Businesses Nearby
Balanced
Demand for This Use

Demographics for 34446, FL

18,431
Population
9,588
Households
1.9
Avg Household Size
62
Median Age
18%
College-Educated
89%
High-School Grad
29.8 sq mi
ZIP Area
618
Density / Sq Mi
$60,625
Median Household Income
$41,423
Median Earnings
$938
Median Rent
$231,700
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Two-building commercial property with an operating restaurant, outdoor seating, pool room, and a leased cabinet shop.
Where is this conventional restaurant located?
The property is located at 4828 S Suncoast Blvd Homosassa, FL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 4,172 sq. ft. across two buildings on 0.92 acres; 2,880 sq. ft. fully equipped restaurant, sports bar, and grill; 50‑seating capacity with indoor and outdoor seating
(352) 586-3666 Call to check price and availability
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