11 Tamiami Trl, Osprey, FL 34229
This established Osprey, Florida surf shop, located at 11 S Tamiami Trail, presents a unique investment opportunity. Boasting 1,800 square feet of retail space on a 21,800 square foot lot, this single-story, Class B building (built in 1974) enjoys high visibility on a major thoroughfare. The business includes a substantial inventory valued at over $110,000, encompassing rental equipment (chairs, umbrellas, surfboards, etc.), fixtures, and all supplier contact information. A recently added mural enhances curb appeal, and ample parking (12 spaces) ensures customer convenience. The current two-year lease (renewable), commencing September 1, 2023, and expiring September 1, 2025, offers flexibility. The business has a strong online presence, evidenced by twenty 5-star Google reviews, and recently expanded services to include jet ski rentals (jet skis sold separately). Financial records indicate a Net Operating Income (NOI) of $63,000, resulting in a significant capitalization rate. The asking price is $75,000, representing a compelling value proposition considering the inventory alone. The property is zoned CG/COMMERCIAL, GENERAL, and includes a website and training overview upon sale. A part-time employee (at $15/hour) is currently employed and may continue or be replaced. Monthly expenses, excluding rent (now negotiable), total approximately $3,911. This turnkey operation offers immediate income potential and significant growth opportunities within the vibrant Osprey beach community.
-
Rungle in the Jungle (Bike/Boat/Book/etc) Store
-
Endless Summer Beach & Surf Skateboard Shop Surf Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.