149 S Lake Avenue, Pahokee, FL 33476 — MLS photo

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149 S Lake Avenue, Pahokee, FL 33476

Active · CommercialSale

$349,900

149 S Lake Avenue, Pahokee, FL 33476

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1958
Lot size
—
HOA fee
—
Annual tax
—

About this property

Exciting Restaurant Opportunity in Prime Location! Don't miss the chance to own your own restaurant in the heart of town! This 2,012 sq ft building is fully equipped with everything you need to get started, featuring an extensive inventory list. The property is zoned for Core-Commercial/Office/Entertainment, offering versatile opportunities for your business. Please note, the franchise is not included in the sale—this offer includes the building and equipment only. Additionally, the sale includes two adjacent properties currently used for parking, providing a combined total of 0.38 acres. This is a rare opportunity to bring your culinary vision to life in a bustling central location.

Property location

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149 S Lake Avenue, Pahokee, FL 33476

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
CommercialSale
Year built
1958

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Palm Beach
MLS listing ID
R11118148
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$685

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$1,659/mo
Down payment
$87,475
Loan amount
$262,425
Annual NOI
$11,682

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.