1170 N Highway A1a, Indialantic, FL 32903
$1,500,000
Property Type:
Commercial Sale
Square Footage:
2,534
Lot Size (sq. ft.):
22,216
Status:
Closed
Current Price:
$1,500,000
List Date:
9/15/2022
Last Modified:
11/02/2024
Description
Come see this exciting beach-side restaurant opportunity! Great location on the heavily traveled A1A highway that runs along the ocean between the Eau Gallie (within 2.6 miles) & the Melbourne Causeway (within 1 mile). Restaurant/Bar zoning, located within Brevard County. Drive-thru and on-site parking with additional parking deed protected in the abutting plaza. Location enjoys lots of local and tourist traffic, traffic count for +/- 22,000 daily, Great Visibility! Outfitted with kitchen space, indoor seating with the option to add outdoor seating, central air, and 3-phase power. Dumpster blind and in-ground grease trap. Quick and easy access to Downtown Melbourne and EGAD. Lighted Monument sign. Crosswalk directly in front with public beach access.
More Information MLS# 946166
Location, Tax, and Legal
Tax Account: 2730875
Parcel Number: 27-38-30-50-00000.0-000b.38
General County Location: South
Tax Annual Amount: 7025.09
Tax Year: 2021
Tax Legal Description: OCEAN PARK, 1ST ADDN TO PART OF GOVT LOTS 2 & 3 AS DES IN ORB 2600 PG 2965
Directions: Head South on A1A from Eau Gallie for 2.6 miles, property is on the right.
From 192 head north for 1 mile, property is on the left.
General Property Information
Number Of Units Total: 1
Building Area Total: 2534
Lot Size Acres: 0.51
Association YN: No
Property Use: C-RESTAURANT / CAFETERIA (2100)
Water Body Access YN: No
Use Code: 21 / RESTAURANTS, CAFETERIAS
List Price/SqFt: 591.95
Sold Price/SqFt: 591.95
Year Built: 1985
Remarks and Miscellaneous
Public Remarks: Come see this exciting beach-side restaurant opportunity! Great location on the heavily traveled A1A highway that runs along the ocean between the Eau Gallie (within 2.6 miles) & the Melbourne Causeway (within 1 mile). Restaurant/Bar zoning, located within Brevard County. Drive-thru and on-site parking with additional parking deed protected in the abutting plaza. Location enjoys lots of local and tourist traffic, traffic count for +/- 22,000 daily, Great Visibility! Outfitted with kitchen space, indoor seating with the option to add outdoor seating, central air, and 3-phase power. Dumpster blind and in-ground grease trap. Quick and easy access to Downtown Melbourne and EGAD. Lighted Monument sign. Crosswalk directly in front with public beach access.
Construction Materials
Frame: 1
Cooling
Central Air: 1
Flooring
Tile: 1
Heating
Central: 1
Listing Terms
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Roof
Metal: 1
Security Features
Fire Sprinkler System: 1
Showing Requirements
Call Listing Agent: 1
Lockbox: 1
Building Features
Clear Ceiling Height: 2534
Business Type
Bar/Tavern/Lounge: 1
Restaurant: 1
Location
Beach Area: 1
City: 1
Sale Includes
Building & Land: 1
Furniture, Fixtures and Equipment: 1
Historical Information
Public Historical Remarks 3: Frontage Description: US Highway, Legal/Misc-Home Warranty: No
Non Member Info
Non-Member Brokerage: Ricardo Padron
Non-Member Name: Rocio Salcedo
Contract Information
Current Price: $1,500,000
Original List Price: 1500000
Sold Price: $1,500,000
Status: Closed
Listing Contract Date: 2022-08-30
Property Sub Type: Business
Location Tax and Legal
Street Number: 1170
Street Direction Prefix: N
Street Name: Highway A1a
County: Brevard
State: FL
Postal Code: 32903
MLS Area Major: 383 - N Indialantic
Status Change Information
Major Change Timestamp: 2023-06-28T11:38:36Z
Major Change Type: Status Change
Status Change Timestamp: 2023-06-28
Purchase Contract Date: 2023-02-27
Close Date: 2023-06-27
Close Price: 1500000
Property Features
Business Type: Bar/Tavern/Lounge; Restaurant
Construction Materials: Frame
Cooling: Central Air
Flooring: Tile
Heating: Central
Listing Terms: Cash; Conventional
Location: Beach Area
Possession: Close Of Escrow
Roof: Metal
Sale Includes: Building & Land; Furniture, Fixtures and Equipment
Security Features: Fire Sprinkler System
Showing Requirements: Call Listing Agent; Lockbox
Listing Office:
Pineapple Farms LLC
Last Updated: November - 02 - 2024
Information is deemed to be reliable, but is not guaranteed.