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
Overview
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!
Listing Details MLS# 905945
General Property Information
- Number Of Units Total
- Yes
- Stories Total
- Yes
- Building Area Total
- 2386
- Year Built
- 1980
- Lot Size Acres
- 0.46
- Property Use
- C-RESTAURANT / CAFETERIA (2100)
- Use Code
- 21 / RESTAURANTS, CAFETERIAS
- Association YN
- No
- Water Body Access YN
- No
- List Price/SqFt
- 733.45
- Sold Price/SqFt
- 639.15
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
Contract Information
- Original List Price
- 1750000
- 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
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!
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
More Information
Building Features
- Clear Ceiling Height
- 2386
- Kitchen Facilities
- Yes
- Lounge
- Yes
- Outside Storage
- Yes
- Public Restroom
- Yes
- Rear Access
- Yes
- Reception Area
- Yes
- Restaurant
- Yes
- Separate Office Area
- Yes
- Storage
- Yes
Income and Expenses
- Gross Scheduled Income
- 764684
- Insurance Expense
- 11037
- Net Operating Income
- 117822
- Other Expense
- 342350
- Supplies Expense
- 218083
Historical Information
- Public Historical Remarks 3
- Expenses-Utilities: 13506, Expenses-Maint & Repair: 5450, Expenses-Advertising: 1966, Expenses-Accounting & Legal: 925
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
Construction Materials
- Frame
- Yes
- Stucco
- Yes
Cooling
- Central Building
- Yes
Flooring
- Tile
- Yes
- Other
- Yes
Heating
- Central
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Possession
- Close Of Escrow
- Yes
Roof
- Mixed
- Yes
Security Features
- Closed Circuit Camera(s)
- Yes
- Smoke Detector(s)
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- Corporate Owned
- Yes
Utilities
- Water Available
- Yes
Water Source
- Public
- Yes
Showing Requirements
- Appointment Only
- Yes
- Call Listing Agent
- Yes
Business Type
- Bar/Tavern/Lounge
- Yes
- Restaurant
- Yes
Location
- Beach Area
- Yes
Sale Includes
- Building & Land
- Yes
Listing Office:
Coldwell Banker Realty
Last Updated: August - 27 - 2025
Information is deemed to be reliable, but is not guaranteed.