Gulf Beach Real Estate Appraised at $1.92M w/Cash Flowing Restaurant
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Gulf Blvd barrier-island real estate with a turnkey, cash-flowing full-liquor restaurant — offered together.
A rare chance to own a commercial corner on one of the Gulf Coast's most established barrier-island beach markets, with an operating restaurant already producing the income. The real estate alone — a ~4,263 sq ft single-story building on a ~0.32-acre CC2 Commercial Corridor Gulf Blvd parcel, substantially renovated since 2014 — independently appraises "As Is" at $1,920,000 (land and building only, effective July 2026). The package — real estate plus the operating business — is offered at $1,945,000.
This is a real-estate acquisition with income already in place, not a restaurant priced on a multiple. The operation is turnkey: a 40-year regional brand (established 1985; at this corner since 2014), full liquor under a 4COP-SRX Special Restaurant license, a ~4,000+ loyalty base, full FF&E and POS, and goodwill — all conveying with the sale. Owner-operated cash flow is $175,000 today ($100,000 if you employ a manager) and is recovering toward a pre-hurricane run-rate of roughly $415,000 (2023). These are unlevered figures — stated on an all-cash purchase with the real estate owned free and clear; a buyer who finances the acquisition would net these amounts less their own debt service.
Own it and you hold optionality a tenant never has — five ways to use the income vehicle: operate it and build sales; bring your own concept under flexible CC2 zoning; lease it to an operator; land-bank an appreciating corner while the income covers the carry; or reposition and sell the stabilized package. The tailwind is real and verifiable: the 2024 hurricanes knocked much of the surrounding hotel base offline (the cause of 2025's softness), but the bulk of that inventory has reopened through 2025-2026, county tourism has set records with beach-market bed-tax at all-time highs in early 2026, and 2,300+ new hotel rooms are in the pipeline through 2027 — a rising demand tide the next owner inherits.
The financials tie to the filed tax returns, the appraisal is independent and current, and title conveys fee simple free and clear with all seller debt retired at closing. Reason for sale: ownership is consolidating on a separate concept. All inquiries are confidential and must sign an NDA to receive the Confidential Information Memorandum.
A rare chance to own a commercial corner on one of the Gulf Coast's most established barrier-island beach markets, with an operating restaurant already producing the income. The real estate alone — a ~4,263 sq ft single-story building on a ~0.32-acre CC2 Commercial Corridor Gulf Blvd parcel, substantially renovated since 2014 — independently appraises "As Is" at $1,920,000 (land and building only, effective July 2026). The package — real estate plus the operating business — is offered at $1,945,000.
This is a real-estate acquisition with income already in place, not a restaurant priced on a multiple. The operation is turnkey: a 40-year regional brand (established 1985; at this corner since 2014), full liquor under a 4COP-SRX Special Restaurant license, a ~4,000+ loyalty base, full FF&E and POS, and goodwill — all conveying with the sale. Owner-operated cash flow is $175,000 today ($100,000 if you employ a manager) and is recovering toward a pre-hurricane run-rate of roughly $415,000 (2023). These are unlevered figures — stated on an all-cash purchase with the real estate owned free and clear; a buyer who finances the acquisition would net these amounts less their own debt service.
Own it and you hold optionality a tenant never has — five ways to use the income vehicle: operate it and build sales; bring your own concept under flexible CC2 zoning; lease it to an operator; land-bank an appreciating corner while the income covers the carry; or reposition and sell the stabilized package. The tailwind is real and verifiable: the 2024 hurricanes knocked much of the surrounding hotel base offline (the cause of 2025's softness), but the bulk of that inventory has reopened through 2025-2026, county tourism has set records with beach-market bed-tax at all-time highs in early 2026, and 2,300+ new hotel rooms are in the pipeline through 2027 — a rising demand tide the next owner inherits.
The financials tie to the filed tax returns, the appraisal is independent and current, and title conveys fee simple free and clear with all seller debt retired at closing. Reason for sale: ownership is consolidating on a separate concept. All inquiries are confidential and must sign an NDA to receive the Confidential Information Memorandum.
About the Business
- Years in Operation
- 12
- Employees
- 25 (10 Full-time, 15 Part-time)
- Facilities & Assets
- A ~0.32-acre commercial corner in the CC2 Commercial Corridor Gulf Blvd district — a ~4,263 sq ft single-story restaurant building, substantially renovated since 2014, with on-site parking. The real estate (land + building) independently appraises at $1,920,000; it's offered with the turnkey operation as a package at $1,945,000. Conveying with the business: full FF&E, commercial kitchen, full bar, and POS — owned outright except an assumable dish-machine lease and Toast subscription — plus the 4COP-SRX Special Restaurant license (full liquor; conveys subject to DBPR approval, and readily obtainable in Florida for qualifying restaurants), a ~4,000+ loyalty database, goodwill, and inventory at cost.
- Market Outlook / Competition
- On the prime Gulf Blvd corridor of the Pinellas Beaches — one of the Gulf Coast's most established barrier-island beach markets, blending seasonal snowbird and vacation traffic with a year-round local base. Demand is hotel-driven: the 2024 hurricanes knocked much of the surrounding lodging offline (the cause of 2025's revenue softness), but the bulk of that room inventory has reopened through 2025–2026, and county tourism has since set records — beach-market bed-tax collections hit all-time highs in early 2026, with 2,300+ new hotel rooms in the development pipeline through 2027. That's a rising demand tide the next owner inherits, verifiable in public bed-tax data. The strip is competitive, but a 40-year brand (established 1985; at this corner since 2014), full liquor, and a hard-to-replicate main-corridor location support a durable local following.
- Opportunities for Growth
- The biggest lever is engaged ownership: a hands-off owner, focused elsewhere for ~3 years, left runway on the table. Near-term operator moves — reopen Mondays and add weekday lunch, weekend brunch, a bar/happy-hour program on the full-liquor license, activation of the ~4,000+ loyalty list, and menu/margin work — layer onto the tourism recovery. Owner-operator cash flow is ~$175,000 today, recovering toward a ~$415,000 pre-hurricane run-rate (2023). And because the value is real-estate-anchored, a buyer holds optionality a tenant never has: operate and build sales, bring your own concept under CC2 zoning, lease to an operator, land-bank the corner for appreciation, or reposition and sell the stabilized package. Whichever path you choose, the in-place income covers the carry.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 4,260
About the Sale
- Seller Motivation
- Focus on other businesses.
- Transition Support
- General Manager willing to stay on if desired. Seller will offer 2 weeks of training and ongoing support.
- Financing Options
- Modest Seller Financing Available to Qualified Buyers
Listing Info
- ID
- 2542309
- Listing Views
Attached DocumentsAttachment Disclaimer
Listing ID: 2542309 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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