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$50,000
1191 N Federal Highway 5
Delray Beach, FL
MLS# B26041222
3200 sqft


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Property Description
Quaint corner unit, Fantastic Location! Fantastic Price! Best Business opportunity Ever! The Owner IS ONLY SELLING THE BUSINESS, UNIT NOT INCLUDED. Landlord will offer a new two yearlease with new tenant at the time of Sale. 100k of upgrades and new equipment, New Bathroom built to code and permitted. Equipment includes: Oven, Stove, Refrigerator, Freezer, 3 compartment washer/sink, Soda Dispenser. Landlord allows for additional seating on the side of building because it is the corner lot!

Details
Maps
Contract Information
Comp Sale YN: No
Seller Represented YN: Yes
Listing Date: 2026-06-15
Status: Active
Original List Price: 50000
List Price: $50,000
Current Price: $50,000
Listing Service: Full Service
Location and Legal
County Or Parish: Palm Beach
Municipality Type: Incorporated
Municipal Code: 12
Postal Code: 33483
Geographic Area: PB06
Subdivision Number: 8
Flood Zone: X
Property Description: Restaurant
Country: United States
Street Number: 1191
Street Direction Prefix: N
Street Name: Federal
Street Suffix: Highway
Unit Number: 5
State Or Province: FL
Postal Code +4: 5800
Area: 4220
Parcel Number: 12434609080020010
Zoning: GC (city)
Directions: Google Maps
General Property Information
Occupant Type: Tenant
Occupied Area: 525
Seating Capacity: 10
Business Name: Conch Cravings
Property Sub Type: Business
Building Area Main: 3200
Building Area Source: Other
Year Built: 1977
Currently Not Used
Year Built: 1977
Stories Total: 1
Financial Information
Tax Assessed/SOH Value: 1047548
Assessor Market Value: 1047548
Tax Annual Amount: 21315.1
Tax Year: 2025
Tax Legal Description: KENMONT LTS 1 TO 7 INC BLK 2
Office/Member Information
DXORIGMLSID: RML
Electric
Separate Meters: 1
Parking Features
Accessible Parking: 1
Property Condition
Resale: 1
Special Listing Conditions
Standard: 1
Documents Available
Financial Statement: 1
Personal Property Inventory: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Gas Meters YN: No
Separate Water Meters YN: No
Number Of Meters Total: 1
Number Of Separate Electric Meters: 1
Tenant Pays
Inside Insurance: 1
Insurance: 1
Telephone: 1
Environmental Audit
None: 1
Location of Property
Corner Unit: 1
Shopping Center: 1
Possession
Other: 1
Sewer
Public Sewer: 1
Special Information
Sold As-Is: 1
Utilities
Cable Available: 1
Electricity Available: 1
Phone Available: 1
Water Available: 1
Business Type
Restaurant: 1
Common Area Maintenance Includes
Lawn Care: 1
Outside Insurance: 1
Trash Removal: 1
Water: 1
Heating
Central: 1
Electric: 1
Sale Includes
Business: 1
Fixtures: 1
Furniture: 1
Machinery: 1
Signs: 1
Trade Name: 1
Construction Materials
Stucco: 1
Listing Terms
Cash: 1
Conventional: 1
Road Surface Type
Concrete: 1
Roof
Other: 1
Water Source
Public: 1
Business Details
Year Established: 2022
Years Current Owner: 5
Expenses Include
Advertising: 1
Electricity: 1
Phone: 1
Property Insurance: 1
Rent: 1
Lease Details
Lease Renewal Option YN: Yes
Renewal Option Description: Renew with landlord
Lease Term Remaining
Options Available: 1
Other Lease Terms: 1
Source Of Expenses
Accountant Provided: 1
Tax Return: 1
Cooling
Central Air: 1
Electric: 1
Showing Requirements
Appointment Only: 1
Occupied: 1
Text Listing Agent: 1
Status Change Information
Major Change Timestamp: 2026-06-15T16:59:09Z
Major Change Type: New Listing
Status Change Date: 2026-06-15
Originating Details
Originating System Key: 20260610171742109302000000
Originating System ID: M00000170
Property Features
Business Type: Restaurant
Common Area Maintenance Includes: Lawn Care; Outside Insurance; Trash Removal; Water
Documents Available: Financial Statement; Personal Property Inventory
Electric: Separate Meters
Environmental Audit: None
Expenses Include: Advertising; Electricity; Phone; Property Insurance; Rent
Heating: Central; Electric
Lease Term Remaining: Options Available; Other Lease Terms
Location of Property: Corner Unit; Shopping Center
Parking Features: Accessible Parking
Possession: Other
Property Condition: Resale
Sale Includes: Business; Fixtures; Furniture; Machinery; Signs; Trade Name
Special Information: Sold As-Is
Special Listing Conditions: Standard
Tenant Pays: Telephone; Insurance; Inside Insurance
Source Of Expenses: Accountant Provided; Tax Return
Construction Materials: Stucco
Cooling: Central Air
Listing Terms: Cash; Conventional
Road Surface Type: Concrete
Roof: Other
Sewer: Public Sewer
Utilities: Cable Available; Electricity Available; Phone Available; Water Available
Water Source: Public
Showing Requirements: Appointment Only; Occupied; Text Listing Agent

IDX
Listing Office: LPT Realty, LLC

Last Updated: July - 24 - 2026

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