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1114 Florida Avenue
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PRICED AT ONLY: $5,250,000

Address: 1114 Florida Avenue, PALM HARBOR, FL 34683

Description

This is an opportunity to own a State of the Art 2022 Restaurant/Bar facility on .31 acres of land with 1.0 million dollars of kitchen, Bar, and all FF&E. The developer used all High end Construction materials, fixtures, and Window packages. Perfect test kitchen or ghost kitchen concept. This property offers a buyer an enormous opportunity in the dense population of Historical downtown Palm Harbor, FL., for dining and entertainment. This restaurant seats 175 First Floor/100 Second Floor, totaling 275 seats. Utility averages Electric $5,000.00, Gas $1,200.00 & Water $1,200.00. Complete FF&E inventory list available upon request. The long term overflow parking lease is conveyed at closing. This opportunity is particularly compelling due to health reasons necessitating a sale. If you or anyone you know might be interested, please don't hesitate to reach out for more details or to schedule a viewing.

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  • MLS#: U8247447 ( Commercial Sale )
  • Street Address: 1114 Florida Avenue
  • Viewed: 14
  • Price: $5,250,000
  • Price sqft: $633
  • Waterfront: No
  • Year Built: 2022
  • Bldg sqft: 8300
  • Days On Market: 185

Description

This is an opportunity to own a State of the Art 2022 Restaurant/Bar facility on .31 acres of land with 1.0 million dollars of kitchen, Bar, and all FF&E. The developer used all High end Construction materials, fixtures, and Window packages. Perfect test kitchen or ghost kitchen concept. This property offers a buyer an enormous opportunity in the dense population of Historical downtown Palm Harbor, FL., for dining and entertainment. This restaurant seats 175 First Floor/100 Second Floor, totaling 275 seats. Utility averages Electric $5,000.00, Gas $1,200.00 & Water $1,200.00. Complete FF&E inventory list available upon request. The long term overflow parking lease is conveyed at closing. This opportunity is particularly compelling due to health reasons necessitating a sale. If you or anyone you know might be interested, please don't hesitate to reach out for more details or to schedule a viewing.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Flooring: Concrete
  • Living Area: 5876.00
  • Other Structures: Storage
  • Roof: Metal
Property Information
  • Property Condition: Completed
Land Information
  • Lot Features: Historic District, Sidewalk, Paved
Garage and Parking
  • Garage Spaces: 0.00
Eco-Communities
  • Water Source: Public
Utilities
  • Carport Spaces: 0.00
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Central, Electric, Exhaust Fan, Heat Pump, Natural Gas
  • Road Frontage Type: Business District
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Public, Sewer Nearby
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Net Operating Income: 0.00
  • Tax Year: 2023
Other Features
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Country: US
  • Legal Description: SUTHERLAND, TOWN OF BLK 95, LOTS 6, 7, 8, 9, 10 & 11 (SEE S02-28-15)
  • Levels: Two
  • Area Major: 34683 - Palm Harbor
  • Occupant Type: Vacant
  • Parcel Number: 01-28-15-88560-095-0600
  • Possession: Close of Escrow
  • Views: 14
  • Zoning Code: OPH-D
Nearby Subdivisions
College Hill Sub   Palm Harbor Estates   Sutherland Town Of  

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