Property profile

1848 Ocean Shr Blvd Flagler Beach, FL 32136

OFF-MARKET
Turn key restaurants
Property ID
US19-0497888
5,555 SF 0.8 ac lot Built 1962
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1962
Construction CONCRETE BLOCKS
Total area 5,555 SF
Lot 0.8 ac (34,717 SF)
Zoning code TC
APN 18-12-32-2750-00190-0130
UPID US19-0497888

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1848 Ocean Shr Blvd Flagler Beach, FL 32136-3802
Flagler Beach metro Census 60302 DELTONA-DAYTONA BEACH-ORMOND BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.39M
Blend (final) Blend
$1.40M

Owner & transaction history

since 2015
7 recorded transactions
2024
Price N/A
2020
Price N/A
2016
Price N/A
2015
Price N/A
2013
Price N/A
2010
$480,000
2006
$1.7M

Zoning & alternative use

TC · Flagler Beach, FL
Zoning description

The provisions of this district are to provide for uses to serve tourist needs in the community. The primary uses are intended for commercial uses for lodging, dining establishments, and minor retail establishments which…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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