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Property profile & analytics
OFF-MARKET
Turn key restaurants

717 Coolidge St Sebastian, FL 32958-4176

2,508 SF 1.09 ac lot Built 1979
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-0519256
Property summary
AI-generated overview

This exceptional business opportunity is situated at 717 Coolidge Street in Sebastian, Florida, offering a unique blend of prime location and high growth potential. The property boasts a substantial 2,508 square feet of space, ideally positioned just steps away from the picturesque Indian River, the vibrant Riverview Park, and a convenient public boat ramp. This strategic location provides unparalleled access to recreational activities and a thriving community, making it an attractive destination for a wide range of businesses. The property's proximity to the water offers stunning riverfront views, creating a desirable and potentially lucrative environment for various commercial ventures. The absence of acreage associated with the property allows for focused development and efficient operations. Priced at $650,000, this presents a compelling investment opportunity for entrepreneurs seeking a high-visibility location with significant potential for return. The existing structure offers a solid foundation for a variety of business models, allowing for customization and adaptation to suit specific needs. The property's location within Sebastian, Florida, offers access to a growing population and a strong local economy. This is a rare chance to acquire a well-situated commercial property in a desirable waterfront location. Serious inquiries are encouraged to explore the possibilities and unlock the full potential of this exceptional business opportunity.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1979
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,508 SF
Lot 1.09 ac (47,480 SF)
Zoning code CR
APN 31-39-06-00020-0020-00003.0
UPID US18-0519256
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
  • Sebastian River & Inlet Fishing Charters Tour Operator Travel Agency
  • Headwaters & Stick Marsh Bass Fishing Charters Tour Operator Travel Agency
  • Portside Pub & Grille Bar & Pub 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
by Request
Owner & transaction history
Scripps Np Operating LLC · 11 yrs held
Scripps Np Operating LLC
since 2015
3 recorded transactions
2017
Price N/A
2015
Price N/A
2010
$386,000
Zoning & alternative use
CR · Sebastian, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The zoning district is intended to provide for a mixture of uses and a variety of opportunities for recreational and commercial uses while protecting the environment.

Zone name Commercial Riverfront
General category COMMERCIAL
Zone area 137.20 ac
Source Realmo
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