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    1114 Florida Ave Palm Harbor, FL 34683-4331
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    Property profile & analytics

    1114 Florida Ave, Palm Harbor, FL 34683-4331

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    • Turn key restaurants
    • 6,156 SF
    • 0.31 lot acres
    Off-Market
    Last Sale Nov 13, 2020
    $475,000
    Property ID
    US18-4984679
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Buchanan’s Landing Coastal Cucina / Restaurant
    • Forrest O. Marston, LMT / Physician
    • Driftwood / Restaurant
    • Freidinger Ted L CPA / Accounting Firm / Tax Preparation
    • Paula K. Sheldon, LMT / Alternative Medicine Practice / Spa & Massage Center

    Property Details for 1114 Florida Ave

    Year built
    2022
    Construction
    CONCRETE BLOCKS
    Lot size
    0.31 lot acres
    Property type
    Turn key restaurants
    APN
    01-28-15-88560-095-0600
    APU
    12815885600950600

    Description

    This exceptional Class A, 8,300-square-foot restaurant building presents a unique investment opportunity in the heart of historic downtown Palm Harbor, Florida. Built in 2022, this two-story, corporate-owned property sits on a 0.31-acre lot and boasts state-of-the-art construction, high-end finishes, and premium window packages throughout. The interior features a fully equipped kitchen and bar, valued at $1 million, with all furniture, fixtures, and equipment (FF&E) included. The spacious layout comfortably accommodates 275 diners, with seating for 175 on the first floor and 100 on the second. Utility costs average $5,000 monthly for electricity, $1,200 for gas, and $1,200 for water. A complete FF&E inventory list is available. The property's strategic location within a densely populated area offers significant potential for success in the thriving dining and entertainment sector. A long-term overflow parking lease is included in the sale. This turnkey operation is ideal for a variety of concepts, including a test kitchen or ghost kitchen. The property is currently vacant, providing immediate occupancy for the new owner. The sale is motivated by the owner's health reasons.


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    Location Insight

    • Map
    • Local Demand
    City
    Palm Harbor
    County
    Pinellas
    State
    Florida
    Longitude
    -82.7657
    Latitude
    28.0777
    CBSA code
    45300
    CBSA name
    TAMPA-ST. PETERSBURG-CLEARWATER, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $39,245
    $0.00
    $0.00
    $2,150,000
    -
    $387,770
    $1,762,230
    $2,150,000
    More about this property
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