• Listing status icon

    $950,000

  • Active | MLS#: RX-10187024
  • 0.41Acre

1325 N Federal Highway Delray Beach, FL 33483

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Overview

Price includes Property and 4COP Liquor License ($100,000 value.)Great Local Tenant with proven track record and sales. This bar has been established for over 40 years! Loyal clientele that is here to stay.10 year lease in place with 3% yearly increases to the base rent. Rent - $6,000/month NNNYearly Gross Income - $72,000/yearAdjusted CAP Rate - 8.5%

Listing provided courtesy of: Prakas & Company

General Features

  • Type Hospitality
  • Tenant Pays Common Area Maint., Insurance, Taxes
  • Sale Includes Building and Land, License
  • Year Built 1969
  • Use Retail
  • County Palm Beach

Building Features

  • Baths - # Toilets 3.00
  • Cooling Central Building
  • Fire Protect Smoke Alarm
  • Flooring Carpet
  • # of Stories 1.0
  • % Air Conditioned 100.00
  • Heating Central
  • Total Building SqFt 1786.00
  • Type of Building Restaurant, Tavern Bar
  • Roof Comp Shingle

Property Features

  • Utilities Municipal Water
  • Property Desc THE FROG LOUNGE
  • Acres 0.41

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Price & Status History

Days on Market

  • This property has been listed on the market for 548 days

Location

The property map location is: Accurate, based on Google's address match.

Walk Score

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Local:

Demographics
Schools
Days on Market

Community Demographics for Zip Code 33483 (Delray Beach)

  • Housing Occupancy

    Home Owners
    5,276
    46%
    Renters
    2,096
    18%
    Vacant
    4,126
    36%
    Total Housing Units
    11,498
  • Households

    Average Household Size
    1.91
    Housing Density (People per square mile)
    3,670

Age Range (number of people)

Age 0-14
1,790
Age 15-24
988
Age 25-39
1,640
Age 40-59
3,512
Age 60-79
4,188
Age 80+
2,304
Total
14,422

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 33483 (Delray Beach)

Public Schools in Zip Code 33483 (Delray Beach)

* This list of schools may not match the property above.

  • THE CHARTER SCHOOL OF FORT PIERCE
    777 EAST ATLANTIC AVE -242 DELRAY BEACH, FL 33483
    Phone: 7722190949
    6th-12th
  • Grade Size Distribution
    • 6th
    • 23
    • 7th
    • 21
    • 8th
    • 22
    • 9th
    • 16
    • Teachers: 0
    • Students per Teacher: N/A
    • Students: 82
    • Male/Female: 45/36
    • District: ST. LUCIE, 4204 OKEECHOBEE RD FORT PIERCE, FL 34947
    • Phone: 7724293925
    • Schools: 56
    • Full-Time Teachers: 2826
    • Students per Teacher: 13.7
    • Staff: 5325
    • Students: 38839
  • Private Schools in Zip Code 33483 (Delray Beach)

    * This list of schools may not match the property above.

    • Gulf Stream School
      3600 Gulfstream Rd. Delray Beach, FL 33483
      Phone: 5612765225
      PreK-12th
    • Grade Size Distribution
      • PreK
      • 26
      • Knd
      • 36
      • 1st
      • 31
      • 2nd
      • 15
      • 3rd
      • 24
      • 4th
      • 20
      • 5th
      • 21
      • 6th
      • 20
      • 7th
      • 26
      • 8th
      • 16
      • Teachers: 0
      • Students per Teacher: N/A
      • Students: 235
    • ST. VINCENT FERRER SCHOOL
      715 NE 8th Ave Delray Beach, FL 33483
      Phone: 5612783868
      PreK-8th
    • Grade Size Distribution
      • PreK
      • 25
      • Knd
      • 30
      • 1st
      • 35
      • 2nd
      • 35
      • 3rd
      • 35
      • 4th
      • 35
      • 5th
      • 35
      • 6th
      • 36
      • 7th
      • 33
      • 8th
      • 32
      • Teachers: 0
      • Students per Teacher: N/A
      • Students: 331

    * School data provided by US Department of Education


All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2017 Beaches Multiple Listing Service, Inc..

* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional