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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

8490 Hwy Micco, FL 32976

700 SF Built 1920
Property ID
Property summary
AI-generated overview

This exceptional opportunity presents a fully operational cafe and restaurant situated on a picturesque 2-acre lot in Micco, Florida. The 700-square-foot main building, constructed in 1920, boasts a charming interior with seating for eight tables, plus additional porch seating. The property includes all owned equipment, making this a truly turnkey operation. The expansive lot provides ample parking for up to 25 vehicles, accessed via two entrances directly from Highway 1. A significant advantage is the inclusion of a greenhouse/garden, perfect for cultivating fresh produce and herbs, supplementing the restaurant's offerings. The property also features a newer air conditioning system, a newer septic system, and a newer washer and dryer. Adding to the appeal is a bonus second-floor apartment, included in the asking price, complete with a large walk-out porch offering stunning panoramic water views. This unique combination of a thriving business and a desirable residential space presents a rare investment opportunity. The property is offered at $150,000. The existing lease is considered favorable. This is a once-in-a-lifetime chance to acquire a well-established business with significant potential for growth and expansion. The property's location on Highway 1 ensures high visibility and accessibility. The combination of the restaurant, apartment, and ample outdoor space makes this a truly unique and attractive investment.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1920
Total area 700 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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