1114 Florida Ave Palm Harbor, FL 34683-4331
- Turn key restaurants
- 6,156 SF
- 0.31 lot acres
Nov 13, 2020
Current Use by Public Records
- Buchanan’s Landing Coastal Cucina / Restaurant
- Forrest O. Marston, LMT / Physical Therapist
- Driftwood / American Restaurant
- Freidinger Ted L CPA / Accountant
- Paula K. Sheldon, LMT / Massage Therapist
Property Details for 1114 Florida Ave
- Year built
- 2022
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.31 lot acres
- Property size
- 6,156 SF
- 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.
Value Estimation
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Alternative Use
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