Log In/Sign Up
Your email has been sent.
Pho' 99 8147 Navarre Pky 1,980 SF Flex Building Navarre, FL 32566 $1,164,500 CAD ($588.13 CAD/SF) 25% Cap Rate



Investment Highlights
- Daily traffic count that consistently exceeds 40K+ vehicles
- Comfortably fits 23 tables and 46 chairs with room to spare.
- 20+ parking spots
Executive Summary
Exceptional chance to acquire Pho’ 99, a well-established and profitable Vietnamese restaurant positioned directly on the highly traveled Hwy 98 in Navarre. This turnkey operation benefits from outstanding visibility along one of the region’s busiest commercial corridors, with daily traffic counts that consistently exceed 40,000+ vehicles, ensuring strong exposure and steady customer flow.
The restaurant features a loyal local following, proven year-over-year profitability, and a streamlined operational setup ideal for both owner-operators and investors seeking a stable, income-producing asset. Its location places it minutes from Navarre Beach, major residential growth zones, and complementary retail, driving continuous demand.
With its strong brand presence, efficient layout, and unbeatable Hwy 98 frontage, Pho’ 99 offers a rare opportunity to step into a thriving business in one of Florida’s fastest-growing coastal communities.
Asking price includes business and building to include all equipment. Seller will sell the business separately but not the building. Property will be on supra (backdoor). Contact David Wood at (301) 257-2297 or Chester Gamble at (850) 781-8180 for showing time request.
The restaurant features a loyal local following, proven year-over-year profitability, and a streamlined operational setup ideal for both owner-operators and investors seeking a stable, income-producing asset. Its location places it minutes from Navarre Beach, major residential growth zones, and complementary retail, driving continuous demand.
With its strong brand presence, efficient layout, and unbeatable Hwy 98 frontage, Pho’ 99 offers a rare opportunity to step into a thriving business in one of Florida’s fastest-growing coastal communities.
Asking price includes business and building to include all equipment. Seller will sell the business separately but not the building. Property will be on supra (backdoor). Contact David Wood at (301) 257-2297 or Chester Gamble at (850) 781-8180 for showing time request.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,164,500 CAD | Lot Size | 0.03 AC |
| Price Per SF | $588.13 CAD | Rentable Building Area | 1,980 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 25% | Year Built/Renovated | 1985/2010 |
| Sale Condition | Business Value Included | Tenancy | Single |
| Property Type | Flex | ||
| Zoning | HCD - Highway Commercial Development | ||
| Price | $1,164,500 CAD |
| Price Per SF | $588.13 CAD |
| Sale Type | Investment |
| Cap Rate | 25% |
| Sale Condition | Business Value Included |
| Property Type | Flex |
| Lot Size | 0.03 AC |
| Rentable Building Area | 1,980 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1985/2010 |
| Tenancy | Single |
| Zoning | HCD - Highway Commercial Development |
Utilities
- Gas
- Water
- Heating
About 8147 NAVARRE PKY , NAVARRE, FL 32566
WEST NAVARRE SUB E 55.80 FT OF LOT 7 BLK 5 LESS THE E 19.60 FT & LESS THE S 14.6 FT & LESS THE N 63 FT (FOR ESMNT) ALL AS DES IN OR 4463 PG 1283
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 20-2S-26-5770-00500-0061 | Total Assessment | $439,363 CAD |
| Land Assessment | $136,488 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $302,874 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
20-2S-26-5770-00500-0061
Land Assessment
$136,488 CAD
Improvements Assessment
$302,874 CAD
Total Assessment
$439,363 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
1 of 24
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Pho' 99 | 8147 Navarre Pky
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
