1940 Highway A1a Highway, Indian Harbour Beach, FL 32937
$1,525,000
Property Type:
Commercial Sale
Square Footage:
2,386
Lot Size (sq. ft.):
20,038
Status:
Closed
Current Price:
$1,525,000
List Date:
5/25/2021
Last Modified:
8/27/2025
Description
Super opportunity to own an individual restaurant building in Indian Harbour Beach! 101 ' frontage on A1A! Traffic count of 26,800. Create your dream restaurant in the perfect building. 1792 Sq. Ft Patio/Deck with a Large Bar and dining area! Band space! Beautiful interior with booths and a Bar. Large kitchen with storage rooms, walk in freezers etc. Great Proximity to several large beachside hotels!
More Information MLS# 905945
Location, Tax, and Legal
Tax Account: 2714349
Parcel Number: 27-37-12-00-00575.0-0000.00
General County Location: South
Tax Annual Amount: 10359.6
Tax Year: 2020
Tax Legal Description: PART OF GOVT LOT 2 LYING W OF A1A AS DES IN ORB 2248 PG 2439
Directions: Hwy 518 (Eau Gallie Blvd) to North on A1A to 1940 Highway A1A
General Property Information
Number Of Units Total: 1
Stories Total: 1
Building Area Total: 2386
Lot Size Acres: 0.46
Association YN: No
Property Use: C-RESTAURANT / CAFETERIA (2100)
Water Body Access YN: No
Use Code: 21 / RESTAURANTS, CAFETERIAS
List Price/SqFt: 733.45
Sold Price/SqFt: 639.15
Year Built: 1980
Remarks and Miscellaneous
Public Remarks: Super opportunity to own an individual restaurant building in Indian Harbour Beach! 101 ' frontage on A1A! Traffic count of 26,800. Create your dream restaurant in the perfect building. 1792 Sq. Ft Patio/Deck with a Large Bar and dining area! Band space! Beautiful interior with booths and a Bar. Large kitchen with storage rooms, walk in freezers etc. Great Proximity to several large beachside hotels!
Construction Materials
Frame: 1
Stucco: 1
Cooling
Central Building: 1
Flooring
Tile: 1
Other: 1
Heating
Central: 1
Listing Terms
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Income and Expenses
Gross Scheduled Income: 764684
Insurance Expense: 11037
Net Operating Income: 117822
Other Expense: 342350
Supplies Expense: 218083
Roof
Mixed: 1
Security Features
Closed Circuit Camera(s): 1
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Special Listing Conditions
Corporate Owned: 1
Utilities
Water Available: 1
Water Source
Public: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Building Features
Clear Ceiling Height: 2386
Kitchen Facilities: 1
Lounge: 1
Outside Storage: 1
Public Restroom: 1
Rear Access: 1
Reception Area: 1
Restaurant: 1
Separate Office Area: 1
Storage: 1
Business Type
Bar/Tavern/Lounge: 1
Restaurant: 1
Location
Beach Area: 1
Sale Includes
Building & Land: 1
Historical Information
Public Historical Remarks 3: Expenses-Utilities: 13506, Expenses-Maint & Repair: 5450, Expenses-Advertising: 1966, Expenses-Accounting & Legal: 925
Contract Information
Current Price: $1,525,000
Original List Price: 1750000
Sold Price: $1,525,000
Status: Closed
Listing Contract Date: 2021-05-25
Property Sub Type: Business
Location Tax and Legal
Street Number: 1940
Street Name: Highway A1a
Street Suffix: Highway
County: Brevard
State: FL
Postal Code: 32937
MLS Area Major: 382-Satellite Bch/Indian Harbour Bch
Status Change Information
Major Change Timestamp: 2021-11-24T20:19:57Z
Major Change Type: Status Change
Status Change Timestamp: 2021-11-24
Purchase Contract Date: 2021-09-13
Close Date: 2021-11-24
Close Price: 1525000
Property Features
Building Features: Kitchen Facilities; Lounge; Outside Storage; Public Restroom; Rear Access; Reception Area; Restaurant; Separate Office Area; Storage
Business Type: Bar/Tavern/Lounge; Restaurant
Construction Materials: Frame; Stucco
Cooling: Central Building
Flooring: Tile; Other
Heating: Central
Listing Terms: Cash; Conventional
Location: Beach Area
Possession: Close Of Escrow
Roof: Mixed
Sale Includes: Building & Land
Security Features: Closed Circuit Camera(s); Smoke Detector(s)
Sewer: Public Sewer
Showing Requirements: Appointment Only; Call Listing Agent
Special Listing Conditions: Corporate Owned
Utilities: Water Available
Water Source: Public
Listing Office:
Coldwell Banker Realty
Last Updated: August - 27 - 2025
Information is deemed to be reliable, but is not guaranteed.