Never opened Cafe in build out process , grease trap installed, two bathrooms built out and decorated. Property has been used to store restaurant furnishings and equipment- market GPR $3,200 per month , seller makes no claims to personal property in facility but all can be purchased from tenant . This is a commercial condominium, part of a 7 member Fishermen's Harbor Village condo association. High ceilings , backs up to common area . Fronts on Harbor Village Boulevard and backs up to 7-11 in Ponce Inlet. Common area maintenance fee is $399 per month . Medical / office commercial opportunity in the heart of Ponce inlet.
Commercial Condominium ’s in Ponce inlet \ 7 total units in association A and B are two separate entities, 640 sq foot A can be purchased or leased as well TBD amount.
Located in the heart of Ponce inlet. The current tenant is month to month.
Note there is 2 .5 acres behind this property zoned multi- family commercial that will be built out one day , new survey markers appears last week its ripe
4616 B is built out Café with an inground grease trap the tenant spent $20,000 on 5 year ago
How is Ponce trending ?
Let me just say
Robert Plant ( Lead Zeppelin ) is building an ocean mansion here ( now )
We had private equity just buying up serval water front’s marinas and restaurants
$10,000,000 Light House Marina,
$16,000,000 Down the hatch
$6,000, 0000 Critter Fleet
Ponce is better than NSB –
There is a recent comp at 3612 S Atlantic Avenue Daytona Beach shores 2.5 miles north a salon that was put up for sale and sold for full price at $750,000 @ 2,003 sq feet
Or $374.44 per foot on the sale
If I sold just the B side that equates to $647,778. Sale price on 4616 B ( 1730 sq ft X 374.44 per foot )
Note water main line is shared with A , an agreement to share costs must be put in place as the ratio of sq footage. FYI sold is as is condition , broker is owner