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Property profile & analytics
OFF-MARKET Estimated value $630,000
Turn key restaurants

17200 San Carlos Blvd Fort Myers Beach, FL 33931-5306

3,090 SF 0.69 ac lot Built 1988
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US18-3174501
Property summary
AI-generated overview

Exceptional opportunity to acquire a thriving restaurant and bar in Fort Myers Beach, Florida. This turnkey operation, priced at $2,600,000, includes the real estate, business, fixtures, furniture, equipment (FF&E), goodwill, and a valuable liquor license (currently valued over $250,000). The 3,090-square-foot building sits on a 0.75-acre lot on high-traffic San Carlos Boulevard, just two miles from the beach. Built in 1988 and renovated in 2023, the single-story structure boasts a seating capacity of 154 and ample parking with 35 exterior spaces. The property is zoned C1 Commercial and importantly, remained dry during Hurricanes Helene and Milton. This represents a unique investment opportunity in a designated Opportunity Zone. All aspects of the business are included in the sale price, offering a seamless transition for the new owner.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1988
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,090 SF
Lot 0.69 ac (29,969 SF)
Zoning code C-1
APN 07-46-24-00-00002.0060
UPID US18-3174501
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
Current use
Occupant on record · Public records
  • Takote Authentic Mexican Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$630k
Owner & transaction history
Latinos Marketplace INC · 8 yrs held
Latinos Marketplace INC
since 2018
7 recorded transactions
2020
Price N/A
2018
$525,000
2015
$390,000
2014
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
C-1 · Fort Myers Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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