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    2364 Highway A1A Indialantic, FL 32903

    Sponsored
    For Sale
    $749,000

    Established Bar & Restaurant, High Sales

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 2364 N Highway A1A in Indialantic, Florida, presents a unique investment opportunity. The 4,999 square foot building, constructed in 1981, sits on a substantial 141,570 square foot lot. Currently operating as a well-established and profitable bar and restaurant, this single-story business boasts a fully equipped kitchen and a coveted full 4COP liquor/packaging license. Its prime location in Brevard County, near hotels and tourist attractions, ensures consistent high traffic and patronage. Financial records indicate annual sales exceeding $1,000,000 for the past five years. The business benefits from a dedicated and experienced staff, ensuring a smooth transition for new ownership. This turnkey operation offers a rare chance to acquire a thriving, community-loved establishment with significant earning potential. The asking price is $749,000. The property's zip code is 32903. This is an exceptional opportunity for an investor seeking a profitable and established business in a high-demand location. The property is ready for immediate operation, offering a seamless transition for the new owner. The existing infrastructure and loyal customer base provide a solid foundation for continued success and growth.

    Property Features for 2364 Highway A1A

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    1981
    Stories
    1

    HighLights

    • $749,000 Asking Price
    • Retail property in Indialantic, FL
    • 1‑story building, 141,570 sq ft lot
    • Built in 1981
    • Established business with over $1M annual sales for the past five years.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indialantic
    County
    Brevard
    State
    Florida
    Longitude
    -80.5770754
    Latitude
    28.1237753

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    FAQs

    What type of property is this?
    Retail property - Established Bar & Restaurant, High Sales
    Where is this retail property located?
    The property is located at 2364 Highway A1A Indialantic, FL.
    What is the asking price?
    The asking price for this property is $749,000.
    What are key features of this property?
    This property features: $749,000 Asking Price; Retail property in Indialantic, FL; 1-story building, 141,570 sq ft lot
    Request Owner's contact information
    2364 Highway A1A Indialantic, FL 32903
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    Indialantic, FL 32903
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2364 Highway A1A Indialantic, FL 32903
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