3162 S Atlantic Avenue 10, Daytona Beach, FL 32118
$1,750,000
Property Type:
Commercial Sale
Square Footage:
6,594
Lot Size (sq. ft.):
27,391
Status:
Closed
Current Price:
$1,750,000
List Date:
1/09/2025
Last Modified:
10/05/2025
Description
**Prime Restaurant Opportunity in Daytona Beach Shores** Unlock the potential of this exceptional restaurant space available for lease in the vibrant heart of Daytona Beach Shores, FL. Spanning an impressive 6,594 square feet with a remarkable 297 feet of frontage along A1A, this location boasts an Annual Average Daily Traffic count of 11,500, ensuring maximum visibility and foot traffic for your culinary venture. Nestled within a newly renovated retail plaza, this premier space is surrounded by established businesses including Oceans Luxury Realty and Mikes Galley Diner, creating a bustling atmosphere that draws locals and tourists alike. The property features a stand-alone monument sign to enhance your brand's visibility and provide easy access for patrons. The restaurant is 90% built-out, equipped with all necessary infrastructure including existing restaurant equipment, hoods, walk-in coolers, and walk-in freezers, allowing for a seamless transition to your new concept.
Supplements: Previously operating as a Red Lobster, the layout is designed for optimal efficiency and customer flow. With ample parking available, your guests will enjoy convenience while dining in a prime location that captures the essence of the Daytona Beach lifestyle. This opportunity is perfect for investors looking to capitalize on a thriving market or restaurateurs seeking to establish a successful culinary destination. Don't miss out on this chance to own a piece of Daytona Beach Shores - where your vision can become reality in a community that celebrates good food and great company! Contact us today for more information and to schedule a viewing.
More Information MLS# 1207634
General Property Information
Lot Size Acres: 0.6288
Number Of Units Total: 2
Association YN: Yes
Association Fee: 8252.9
Association Fee Frequency: Quarterly
Water Body Access YN: No
Waterfront YN: No
Directions: From Dunlawton Blvd take Atlantic Ave South to 3162 S Atlantic Ave.
Public Remarks: **Prime Restaurant Opportunity in Daytona Beach Shores** Unlock the potential of this exceptional restaurant space available for lease in the vibrant heart of Daytona Beach Shores, FL. Spanning an impressive 6,594 square feet with a remarkable 297 feet of frontage along A1A, this location boasts an Annual Average Daily Traffic count of 11,500, ensuring maximum visibility and foot traffic for your culinary venture. Nestled within a newly renovated retail plaza, this premier space is surrounded by established businesses including Oceans Luxury Realty and Mikes Galley Diner, creating a bustling atmosphere that draws locals and tourists alike. The property features a stand-alone monument sign to enhance your brand's visibility and provide easy access for patrons. The restaurant is 90% built-out, equipped with all necessary infrastructure including existing restaurant equipment, hoods, walk-in coolers, and walk-in freezers, allowing for a seamless transition to your new concept.
Building Area Total: 6594
Stories Total: 1
Building Area Source: Appraiser
List Price/SqFt: 408.7
Sold Price/SqFt: 265.39
Year Built: 1986
Location, Tax, and Legal
Country: US
Parcel Number: 5334-16-00-0010
Tax Annual Amount: 12840
Tax Year: 2024
Tax Legal Description: UNIT 1 SURFSIDE SQUARE CONDO PER OR 2772 PG 0728 PER OR 2774 PG 0296 PER OR 6249 PGS 1803-1804 PER OR 7017 PG 4875 PER OR 7083 PG 0799 PER OR 7200 PG 3745
Currently Not Used
Unit Number: 10
Additional Parcels YN: Yes
Additional Parcels Description: 533416000020
Year Built: 1986
Accessibility Features YN: Yes
Building Name: Surfside Square
Lock Box Type
None: 1
Association Amenities
Maintenance Grounds: 1
Maintenance Structure: 1
Construction Materials
Block: 1
Concrete: 1
Stucco: 1
Cooling
Central Air: 1
Electric: 1
Current Use
Commercial: 1
Retail: 1
Other: 1
Electric
200+ Amp Service: 1
Fencing
Privacy: 1
Vinyl: 1
Flooring
Carpet: 1
Tile: 1
Heating
Central: 1
Electric: 1
Income and Expenses
Net Operating Income: 160110
Listing Terms
Cash: 1
Conventional: 1
Lease Option: 1
Owner May Carry: 1
Private Financing Available: 1
Lot Features
Corner Lot: 1
Easement Access: 1
Parking Features
Additional Parking: 1
Parking Lot: 1
Shared Driveway: 1
Possession
Close Of Escrow: 1
Road Frontage Type
City Street: 1
State Road: 1
Roof
Membrane: 1
Security Features
Carbon Monoxide Detector(s): 1
Fire Alarm: 1
Fire Sprinkler System: 1
Firewall(s): 1
Smoke Detector(s): 1
Sewer
Public Sewer: 1
Unit 1 Details
Unit ID: 10
Annual Rent: 160110
Unit SqFt: 5064
# Units (This Type): 1
Baths Total: 6
Furnished: Furnished
Unit Remarks: Fully equipped restaurant/bar
Unit 2 Details
Unit ID: 20
Annual Rent: 0
Unit SqFt: 1530
# Units (This Type): 1
Furnished: Furnished
Unit Remarks: Unit 2 is integrated into Unit 1
Utilities
Cable Available: 1
Electricity Connected: 1
Natural Gas Available: 1
Sewer Connected: 1
Water Available: 1
Water Source
Public: 1
Building Features
Fenced: 1
Interior Corridors: 1
Kitchen Facilities: 1
Loading Dock: 1
Meeting Room: 1
Private Restroom: 1
Rear Access: 1
Restaurant: 1
Seating Capacity: 273
Business Type
Bakery: 1
Bar/Tavern/Lounge: 1
Candy/Cookie: 1
Commercial: 1
Doughnut: 1
Food & Beverage: 1
Franchise: 1
Hospitality: 1
Ice Cream/Frozen Yogurt: 1
Liquor Store: 1
Restaurant: 1
Retail: 1
Ceiling Type
Acoustic: 1
Location
Beach Area: 1
City: 1
Shopping Center: 1
Sale Includes
Building & Land: 1
Furniture, Fixtures and Equipment: 1
Contract Information
Current Price: $1,750,000
Sold Price: $1,750,000
Status: Closed
Listing Contract Date: 2025-01-09
Property Sub Type: Retail
Location Tax and Legal
Street Number: 3162
Street Direction Prefix: S
Street Name: Atlantic
Street Suffix: Avenue
County: Volusia
State: FL
Postal Code: 32118
Subdivision Name: Surfside Square
MLS Area Major: 13 - Beachside, N of Dunlawton & S Silver
Status Change Information
Major Change Timestamp: 2025-10-05T14:49:38Z
Major Change Type: Status Change
Purchase Contract Date: 2025-07-18
Close Date: 2025-10-03
Close Price: 1750000
Property Features
Association Amenities: Maintenance Grounds; Maintenance Structure
Building Features: Fenced; Interior Corridors; Kitchen Facilities; Loading Dock; Meeting Room; Private Restroom; Rear Access; Restaurant
Business Type: Bakery; Bar/Tavern/Lounge; Candy/Cookie; Commercial; Doughnut; Food & Beverage; Franchise; Hospitality; Ice Cream/Frozen Yogurt; Liquor Store; Restaurant; Retail
Ceiling Type: Acoustic
Construction Materials: Block; Concrete; Stucco
Cooling: Central Air
Current Use: Commercial; Retail; Other
Electric: 200+ Amp Service
Fencing: Privacy; Vinyl
Flooring: Carpet; Tile
Heating: Central; Electric
Listing Terms: Cash; Conventional; Lease Option; Owner May Carry; Private Financing Available
Location: Beach Area; Shopping Center
Lock Box Type: None
Lot Features: Corner Lot; Easement Access
Parking Features: Additional Parking; Parking Lot; Shared Driveway
Possession: Close Of Escrow
Road Frontage Type: City Street; State Road
Roof: Membrane
Sale Includes: Building & Land; Furniture, Fixtures and Equipment
Security Features: Carbon Monoxide Detector(s); Fire Alarm; Fire Sprinkler System; Firewall(s); Smoke Detector(s)
Sewer: Public Sewer
Utilities: Cable Available; Electricity Connected; Natural Gas Available; Sewer Connected; Water Available
Water Source: Public
Listing Office:
Oceans Luxury Realty Full Service LLC
Last Updated: October - 05 - 2025
Information deemed reliable but not guaranteed.