1191 N Federal Highway 5, Delray Beach, FL

$50,000

Virtual Tour

https://www.propertypanorama.com/1191-N-Federal-Highway-Unit-5-Delray-Beach-FL/unbranded

Property Type: Business Opportunity Square Footage: 3,200 Status: Active

Current Price: $50,000 List Date: 6/15/2026 Last Modified: 6/29/2026

Overview

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!

Listing Details MLS# B26041222

General Property Information

Property Sub Type: Business
Occupant Type: Tenant
Building Area Main: 3200
Building Area Source: Other
Occupied Area: 525
Year Built: 1977
Seating Capacity: 10
Business Name: Conch Cravings

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

Contract Information

Comp Sale YN: No
Original List Price: 50000
Listing Service: Full Service
Seller Represented YN: Yes

Location and Legal

Country: United States
County Or Parish: Palm Beach
Street Number: 1191
Street Direction Prefix: N
Street Name: Federal
Street Suffix: Highway
Unit Number: 5
Municipality Type: Incorporated
Municipal Code: 12
State Or Province: FL
Postal Code: 33483
Postal Code +4: 5800
Area: 4220
Geographic Area: PB06
Parcel Number: 12434609080020010
Subdivision Number: 8
Zoning: GC (city)
Flood Zone: X
Directions: Google Maps
Property Description: Restaurant

Financial Information

Tax Annual Amount: 21315.1
Tax Year: 2025
Tax Assessed/SOH Value: 1047548
Tax Legal Description: KENMONT LTS 1 TO 7 INC BLK 2
Assessor Market Value: 1047548

Status Change Information

Major Change Timestamp: 2026-06-15T16:59:09Z
Major Change Type: New Listing
Status Change Date: 2026-06-15

More Information

Business Details

Year Established: 2022
Years Current Owner: 5

Lease Details

Lease Renewal Option YN: Yes
Renewal Option Description: Renew with landlord

Meter Information

Separate Electric Meters YN: Yes
Number Of Separate Electric Meters: Yes
Separate Gas Meters YN: No
Separate Water Meters YN: No
Number Of Meters Total: Yes

Originating Details

Originating System Key: 20260610171742109302000000
Originating System ID: M00000170

Currently Not Used

Year Built: 1977
Stories Total: Yes

Office/Member Information

DXORIGMLSID: RML

Electric

Separate Meters: Yes

Parking Features

Accessible Parking: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Standard: Yes

Documents Available

Financial Statement: Yes
Personal Property Inventory: Yes

Tenant Pays

Inside Insurance: Yes
Insurance: Yes
Telephone: Yes

Environmental Audit

None: Yes

Location of Property

Corner Unit: Yes
Shopping Center: Yes

Possession

Other: Yes

Sewer

Public Sewer: Yes

Special Information

Sold As-Is: Yes

Utilities

Cable Available: Yes
Electricity Available: Yes
Phone Available: Yes
Water Available: Yes

Business Type

Restaurant: Yes

Common Area Maintenance Includes

Lawn Care: Yes
Outside Insurance: Yes
Trash Removal: Yes
Water: Yes

Heating

Central: Yes
Electric: Yes

Sale Includes

Business: Yes
Fixtures: Yes
Furniture: Yes
Machinery: Yes
Signs: Yes
Trade Name: Yes

Construction Materials

Stucco: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Road Surface Type

Concrete: Yes

Roof

Other: Yes

Water Source

Public: Yes

Expenses Include

Advertising: Yes
Electricity: Yes
Phone: Yes
Property Insurance: Yes
Rent: Yes

Lease Term Remaining

Options Available: Yes
Other Lease Terms: Yes

Source Of Expenses

Accountant Provided: Yes
Tax Return: Yes

Cooling

Central Air: Yes
Electric: Yes

Showing Requirements

Appointment Only: Yes
Occupied: Yes
Text Listing Agent: Yes

Listing Office: LPT Realty, LLC

Last Updated: June - 29 - 2026

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1191 N Federal Highway 5, Delray Beach, FL (MLS# B26041222)