23525 State Rd 40, Astor, FL 32102-2907
- Turn key restaurants
- 2,844 SF
- 2.44 lot acres
Current Use by Public Records
- Turn key restaurants
Property Details for 23525 State Rd 40
- Year built
- 1987
- Construction
- WOOD FRAME
- Lot size
- 2.44 lot acres
- Property type
- Turn key restaurants
- APN
- 07-15-27-0100-000-02501
- APU
- 71527010000002501
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 12, 2019 | $147,100 | Hcrc Bar & Restaurant LLC | 40 Eagle Properties LLC | Deed In Lieu Of Foreclosure | — |
| Jun 1, 2018 | $450,000 | 40 Eagle Properties LLC | Martin,brian J & Pam M | Grant Deed | $350k · Hcr Castaways LLC |
| Dec 28, 2016 | — | Astor Commerical Property LLC | Martin,brian J & Pam M | Quit Claim Deed · related | — |
| Nov 13, 2015 | $165,000 | Brian J Martin | Parker,charlie & Roberta | Warranty Deed | — |
| — | — | Parker,charlie A & Roberta | — | Loan Modification · related | $160k · United Sthrn Bk |
| — | — | Charlie A Parker | — | Deed Of Trust · related | $100k · United Southern Bank |
| — | — | Charlie Parker | — | Deed Of Trust · related | $35k · United Southern Bank |
Description
This exceptional waterfront restaurant opportunity in Astor, Florida, presents a turnkey operation with significant upside. The 3,318 square foot building sits on a spacious 2.44-acre lot, offering ample parking and grassy areas perfect for outdoor events or expansion. The interior boasts 172 seats, including indoor and outdoor seating areas, plus a dedicated party room. The well-equipped kitchen, approximately 800-900 square feet, features walk-in coolers and freezers, multiple fryers, a large flat top, charbroiler, and salamander. Inventory, including approximately $100,000 in food and $30,000 in liquor, is included in the sale. The restaurant benefits from a strong local following, known for its home-style cooking and personal touch, attracting regular clientele, including helicopter arrivals with designated landing space. A metal roof (replaced 4 years ago) and four 5-ton AC units ensure efficient and reliable operation. The property includes a SRX liquor license, allowing for a full bar. The established staff of 32 employees are eager to continue their employment. The restaurant utilizes a Harbor Touch Point of Sale system with multiple entry points for streamlined service. This is a rare opportunity to acquire a thriving, established business with significant potential for growth.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $514,000
- AI Estimate
- $514,000
Market price range: $475k - $2.16MMarket price range: $475k - $2.16M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Astor
- County
- Lake
- State
- Florida
- Longitude
- -81.5504
- Latitude
- 29.163
- CBSA code
- 36740
- CBSA name
- ORLANDO-KISSIMMEE, FL METROPOLITAN STATISTICAL AREA
