
1368 OCEAN SHORE BLVD
Ormond Beach, Volusia, FL, 32176
Active$2,300,000
$512/sqft
About this home
Turnkey Business Opportunity in a thriving Ormond Beach area! Great time to buy this beachside sports bar and Prime Real Estate in one of the area's most desirable coastal destinations. Perfectly positioned on a corner lot just steps from the beach, this established local favorite combines strong year-round traffic with the laid-back energy of a true seaside entertainment venue. The property features a fully built-out sports bar and grill with multiple large screen TVs, full liquor service with a FSF license, indoor and outdoor seating, game areas, and a welcome atmosphere that keeps the locals and tourists coming back. High visibility, ample parking, and steady beach tourism create an exceptional foundation for continued growth and profitability. The Real Estate estimated value at $1,573,325. offers a long-term investment in a rapidly appreciating coastal market, with future upside expansion, redevelopment, rooftop dining, or enhanced entertainment concepts. A growing business estimated and growing is at $726,675. A large cash investment will be needed for the Real Estate purchase. The current business income will not at this time support a leveraged purchase. Ideal for a 1031 Tax Defer exchange. Whether you are an owner-operator, investor, or hospitality group, this is a rare chance to acquire both a successful business and premium beach-area property in one transaction. For additional information the NDA must be signed and prof of funds presented.
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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. LUBANSKY & WHITE REALTY is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.
102 days on market
Listed by: Herb Lubansky · 386-212-1598—LUBANSKY & WHITE REALTY · 386-756-6866
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MLS/IDX data last updated: . All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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