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Investment Highlights
- Prime Development area
- Architectural renderings for indoor/outdoor restaurant space available
- Demo permit and parking variance approved
Executive Summary
Prime Vilano Beach Redevelopment Opportunity Exceptional investment and development opportunity in the heart of rapidly growing Vilano Beach. Situated on a generous 0.37-acre parcel, this property is fully positioned for redevelopment with significant pre-development work already completed. The existing structure has been approved for demolition, allowing a new owner to move forward without the delays often associated with entitlement and planning processes. The property also benefits from a county-approved parking variance and includes architectural drawings for a quick-service casual restaurant concept, thoughtfully designed with abundant indoor and outdoor seating to capture the relaxed coastal atmosphere that makes Vilano Beach so desirable. Guests will enjoy refreshing ocean breezes, a walkable beach-town setting, and proximity to the area's growing mix of restaurants, shops, and attractions. With continued investment and growth throughout the Vilano Beach corridor,
this is a rare opportunity for restaurateurs, developers, and investors seeking a turnkey path toward a premier hospitality or dining destination.
Bring your vision to life on one of the area's most promising commercial redevelopment sites. Preliminary approvals and planning work are already in place--saving valuable time and accelerating your path to opening day.
this is a rare opportunity for restaurateurs, developers, and investors seeking a turnkey path toward a premier hospitality or dining destination.
Bring your vision to life on one of the area's most promising commercial redevelopment sites. Preliminary approvals and planning work are already in place--saving valuable time and accelerating your path to opening day.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,200 SF
Building Class
C
Year Built
1958
Price
$1,700,000
Price Per SF
$326.92
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.37 AC
Zoning
CG - TCMU zoning. Demo permit approved as well as parking variance.
Parking
10 Spaces (1.92 Spaces per 1,000 SF Leased)
Frontage
88’ on Vilano Rd
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 148120-0000 | Improvements Assessment | $213,323 |
| Land Assessment | $731,835 | Total Assessment | $945,158 |
Property Taxes
Parcel Number
148120-0000
Land Assessment
$731,835
Improvements Assessment
$213,323
Total Assessment
$945,158
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165 Vilano Rd
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