Restaurant Property with
For Sale
$2,350,000
704 E BRANDON Boulevard, Brandon, FL 33511
Commercial Sale, BRANDON, FL
Property Size4,890 SF
Lot Size1.16 Acres
Price / SF$480.57
Days on Market312
Property Features for 704 E BRANDON Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CG
Security features
Security System
Subdivision
UNPLATTED
Lot features
Central Business District, Curb and Gutters, Landscaped, Oversized Lot, Paved
Directions
Highway 60 to address on North side of street.
Standard status
Active
APN
U-23-29-20-ZZZ-000002-58810.0
Size
4,890 SF
Lot size
1.16 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
THAT PART OF E 1/2 OF SW 1/4 OF SE 1/4 DESC AS FR AT PT ON E R/W LINE OF RIDGEWOOD AVE & NWLY R/W OF SR 60 RUN N 200.86 FT TO POB BEING 396.1 FT S OF SW COR OF LOT 6 KINGSWAY HEIGHTS N 100 FT E 240 FT S 330 FT TO NLY R/W OF SR 60 RUN WLY ALG R/W 115 FT N 230 FT AND W 125 FT TO POB
Tax Annual Amount
23091
Legal Description
THAT PART OF E 1/2 OF SW 1/4 OF SE 1/4 DESC AS FR AT PT ON E R/W LINE OF RIDGEWOOD AVE & NWLY R/W OF SR 60 RUN N 200.86 FT TO POB BEING 396.1 FT S OF SW COR OF LOT 6 KINGSWAY HEIGHTS N 100 FT E 240 FT S 330 FT TO NLY R/W OF SR 60 RUN WLY ALG R/W 115 FT N 230 FT AND W 125 FT TO POB
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1980
Floors in Building
1
Building materials
Block, Stucco
Roof type
Shingle
Listing Agency:
RE/MAX REALTY UNLIMITED · RE/MAX International
(813) 684-0016
Listed By:
Michael Ginty · License #653815
(813) 294-1665
Added: Dec 5, 2025
Changed: Oct 8
Last Checked: Oct 13 at 8:06PM
MLS# TB8453861
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 1.16-acre restaurant property in Brandon includes a 1980-built block and stucco building with 5,409 square feet of gross area and 4,890 square feet of heated space. The operating seafood restaurant has an approximate seating capacity of 172 patrons. The property is offered as real estate, with a limited amount of furniture, fixtures, and equipment potentially available. The current occupancy is under a month-to-month lease, and the zoning is CG.
A large asphalt parking area serves the property, with access from Brandon Boulevard and a signalized intersection at Highway 60 and Ridgewood Avenue. Parking use is shared with the adjoining property to the east. Nativity Catholic Church’s campus is across Highway 60.
A large asphalt parking area serves the property, with access from Brandon Boulevard and a signalized intersection at Highway 60 and Ridgewood Avenue. Parking use is shared with the adjoining property to the east. Nativity Catholic Church’s campus is across Highway 60.
Key Highlights
- 1.16‑acre restaurant property
- 5,409 square feet of gross building area; 4,890 square feet heated
- Approximate seating capacity of 172 patrons
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,099
Cap Rate
3.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,621,980
$1.6M
Cap Rate 7%
$1,158,557
$1.2M
Cap Rate 9%
$901,100
$901.1K
Market Conditions
NOI Build-Up for 4,890 SF
Gross rent
$114.4K $23.40/SF
− Vacancy
−$6.3K −$1.29/SF
EGI
$108.1K $22.11/SF
− OpEx
−$27.0K −$5.53/SF
NOI
$81.1K $16.58/SF
Area
Brandon, FL
Vacancy
5.50%
Lease Rate
$23.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,621,980
Cap Rate 7%
$1,158,557
Cap Rate 9%
$901,100
Alternative Uses
Best Use
Specialty Retail
$1.16M
$1.01M – $1.35M
NOI $81,099 @ 7.0% cap · market cap 3.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M
NOI $128,767 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,289
Businesses Nearby
169k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Dining 23%
Groceries 18%
Apparel 11%
Thorntons
Shops & Services
37,808 visits/mo
0.4 miles
Culver's
Dining
29,604 visits/mo
0.3 miles
Aldi
Groceries
22,308 visits/mo
0.2 miles
Goodwill
Apparel
18,348 visits/mo
0.5 miles
Dollar Tree
Shops & Services
15,927 visits/mo
0.3 miles
Demographics for 33511, FL
56,627
Population
24,579
Households
2.3
Avg Household Size
38
Median Age
35%
College-Educated
91%
High-School Grad
16.0 sq mi
ZIP Area
3,539
Density / Sq Mi
$77,383
Median Household Income
$44,521
Median Earnings
$1,684
Median Rent
$324,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - The existing dining space is leased month to month, and a limited amount of furniture, fixtures, and equipment may be available.
Where is this conventional restaurant located?
The property is located at 704 E BRANDON Boulevard Brandon, FL.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: 1.16‑acre restaurant property; 5,409 square feet of gross building area; 4,890 square feet heated; Approximate seating capacity of 172 patrons
