765 3rd Ave

Beds
9
Baths
5,617 Sq. Ft.
$445 / Sq. Ft.
5,617
Sq. Ft.
$445
per Sq. Ft.

Description

Must include MLS#2123353 total $3.5 million. This Turnkey Entertainment Powerhouse: Fully Renovated Bar, Restaurant & Income Property! Not just a business listing—it's an opportunity to acquire a completely renovated, high-capacity hospitality venue designed for massive volume &immediate cash flow. Located on 1.83 acres, this property is the ultimate investment for an owner-user or an investor looking for a ready-to-operate asset. Massive Capacity: 450+ total seats across dynamic indoor & outdoor...Must include MLS#2123353 total $3.5 million. This Turnkey Entertainment Powerhouse: Fully Renovated Bar, Restaurant & Income Property! Not just a business listing—it's an opportunity to acquire a completely renovated, high-capacity hospitality venue designed for massive volume &immediate cash flow. Located on 1.83 acres, this property is the ultimate investment for an owner-user or an investor looking for a ready-to-operate asset. Massive Capacity: 450+ total seats across dynamic indoor & outdoor entertainment zones. Completely Remodeled,renovated in 2022. Modern infrastructure, 9 bathrooms (4 interior, 5 exterior). Expansive kitchen complex built for catering,events, &large crowds. Income-Producing Asset:Includes a separate, fully remodeled 2-bed/1-bath rental home on site. Outdoor Entertainment Complex, Main Area, Bar Area,Bingo/Event Room, Restaurant Dining Area(s)
Kitchen Complex. Financials,equipment lists,sales analysis data, & property details are ready for qualified buyer
  1. Listed by RAE MALEE WALSH • WATSON REALTY CORP
    P: (813)-784-7891 C: (813)-784-7891 raemaleewalsh@watsonrealtycorp.com

Property Details for 765 3rd Avenue

Senior Community YN
No
LISTING UPDATED: 01/06/2026 03:47 PM

Property Details for 765 3rd Avenue

StatusActive
MLS #2122960
Days on Market38
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1968
Lot Size1.38 AC / 60,112 SF
CountyPutnam County

Location

Listing Courtesy of WATSON REALTY CORP
Add your commute

Building Information for 765 3rd Avenue

Stories-Residences-Year Built1968Lot Size1.38 AC / 60,112 SF

Payment Calculator

$13,110 per month

30 year fixed, 6.15% Interest

Principal and Interest

$12,185

Property Taxes

$925

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 765 3rd Avenue

Summary
Location and General Information
  • Country: US
  • Directions: US-17 onto County Rd 309 5.6 miles to Shrimps R Us & More 765 3rd Ave Welaka FL 32193
  • Road Frontage Type: City Street
  • Zoning Description: Commercial
  • MLS Area Major: 582-Pomona Pk/Welaka/Lake Como/Crescent Lake Est
  • City: Welaka
  • State: FL
  • Postal Code: 32189
  • County: Putnam
  • Latitude: 29.477091
  • Longitude: -81.671802
  • MLS Area Minor: 582-Pomona Pk/Welaka/Lake Como/Crescent Lake Est
  • General Property Information: Waterfront YN: No
  • General Property Information: Senior Community YN: No
  • Road Frontage Type: City Street: Yes
Taxes and HOA Information
  • Parcel Number: 411226920001400010
  • Association Fee: $.00
  • Association YN: No
  • General Property Information: Association YN: No
Parking
  • Parking Features: Additional Parking, Parking Lot
  • Attached Garage: No
  • Parking Features: Additional Parking: Yes
  • Parking Features: Parking Lot: Yes
Property
Lot Information
  • Lot Features: Cleared, Few Trees
  • Lot Size Acres: 1.38
  • Living Area: 5617.0
  • Building Area Source: Assessor
  • Building Features: Kitchen Facilities, Lounge, Meeting Room, Overhead Doors, Restaurant, Separate Office Area, Storage
  • Lot Size Area: 1.38
  • Lot Size Units: Acres
  • Lot Size Square Feet: 60112.8
  • Building Features: Building Class: A
  • Building Features: Kitchen Facilities: Yes
  • Building Features: Lounge: Yes
  • Building Features: Meeting Room: Yes
  • Building Features: Overhead Doors: Yes
  • Building Features: Restaurant: Yes
  • Building Features: Seating Capacity: 450.0
  • Building Features: Separate Office Area: Yes
  • Building Features: Storage: Yes
  • Building Features: Vac Off/Retail SqFt: 500.0
Property and Assessments
  • Current Use: Commercial, Mixed Use
  • Year Built: 1968
  • MLS Approval Status: Yes
  • Additional Parcels Description: 41-12-26-9200-0140-0040
  • Additional Parcels YN: true
  • General Property Information: Lot Size Acres: 1.38
  • General Property Information: List Price/SqFt: 445.08
  • Lot Features: Cleared: Yes
  • Lot Features: Few Trees: Yes
Utilities
  • Utilities: Cable Available: Yes
  • Utilities: Cable Connected: Yes
  • Utilities: Electricity Connected: Yes
  • Utilities: Sewer Available: Yes
  • Utilities: Water Connected: Yes
Interior and Exterior Features
Exterior Features
  • Association Amenities: Playground, Storage
  • Association Amenities: Playground: Yes
  • Association Amenities: Storage: Yes
Interior Features
  • Cooling: Varies by Unit
  • Heating: Varies by Unit
  • Bathrooms Total (Integer): 9
  • Bathrooms Total (Decimal): 9.0
  • Bathrooms Total (Notational): 9.0
  • Cooling: Yes
  • Heating: Yes
  • General Property Information: Building Area Total: 5617.0
  • General Property Information: Building Area Source: Assessor
  • Cooling: Varies by Unit: Yes
  • Heating: Varies by Unit: Yes
Multi Family
Multi Family Information
  • Number of Units: 0
Income & Expenses
  • Operating Expense Includes: Parking, Supplies
  • Seating Capacity: 450.0
  • Operating Expense Includes: Parking: Yes
  • Operating Expense Includes: Supplies: Yes
Agent
Showing and Remarks
  • Public Remarks: Must include MLS#2123353 total $3.5 million. This Turnkey Entertainment Powerhouse: Fully Renovated Bar, Restaurant & Income Property! Not just a business listing—it's an opportunity to acquire a completely renovated, high-capacity hospitality venue designed for massive volume &immediate cash flow. Located on 1.83 acres, this property is the ultimate investment for an owner-user or an investor looking for a ready-to-operate asset. Massive Capacity: 450+ total seats across dynamic indoor & outdoor entertainment zones. Completely Remodeled,renovated in 2022. Modern infrastructure, 9 bathrooms (4 interior, 5 exterior). Expansive kitchen complex built for catering,events, &large crowds. Income-Producing Asset:Includes a separate, fully remodeled 2-bed/1-bath rental home on site. Outdoor Entertainment Complex, Main Area, Bar Area,Bingo/Event Room, Restaurant Dining Area(s) Kitchen Complex. Financials,equipment lists,sales analysis data, & property details are ready for qualified buyer
  • General Property Information: Directions: US-17 onto County Rd 309 5.6 miles to Shrimps R Us & More 765 3rd Ave Welaka FL 32193
  • General Property Information: Public Remarks: Must include MLS#2123353 total $3.5 million. This Turnkey Entertainment Powerhouse: Fully Renovated Bar, Restaurant & Income Property! Not just a business listing—it's an opportunity to acquire a completely renovated, high-capacity hospitality venue designed for massive volume &immediate cash flow. Located on 1.83 acres, this property is the ultimate investment for an owner-user or an investor looking for a ready-to-operate asset. Massive Capacity: 450+ total seats across dynamic indoor & outdoor entertainment zones. Completely Remodeled,renovated in 2022. Modern infrastructure, 9 bathrooms (4 interior, 5 exterior). Expansive kitchen complex built for catering,events, &large crowds. Income-Producing Asset:Includes a separate, fully remodeled 2-bed/1-bath rental home on site. Outdoor Entertainment Complex, Main Area, Bar Area,Bingo/Event Room, Restaurant Dining Area(s) Kitchen Complex. Financials,equipment lists,sales analysis data, & property details are ready for qualified buyer
Rental
Rental Information
  • Utilities: Cable Available, Cable Connected, Electricity Connected, Sewer Available, Water Connected

Property History for 765 3rd Avenue

DateEvent & SourcePriceAppreciation
Jan 6, 2026

Price Change

NEFMLS #2122960

$2,500,000
Jan 4, 2026

Price Change

NEFMLS #2122960

$3,500,000
Dec 30, 2025

Listed (Active)

NEFMLS #2122960

$3,900,000
Apr 1, 2005

Sold (Public Record)

Public Record #154625954

$170,000
DateEvent & SourcePrice
01/06/2026

Price Change

NEFMLS #2122960

$2,500,000
01/04/2026

Price Change

NEFMLS #2122960

$3,500,000
12/30/2025

Listed (Active)

NEFMLS #2122960

$3,900,000
04/01/2005

Sold (Public Record)

Public Record #154625954

$170,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 765 3rd Avenue

Taxable ValueLand-Additions-Total-
Tax Record2025$11,097 ($925 / month)
Home Facts
Total Finished SqFt4,680 SqFtAbove Grade Finished SqFt4,680 SqFtLot Size60,113 SqFtStyleRestaurantYear Built1968Year Renovated1983CountyPUTNAMAPN41-12-26-9200-014.0-001.0

Schools near 765 3rd Avenue

This home is within Putnam.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 12
Public - 5 to 12
Public - PK to 12
Rating
School
Distance
Browning-Pearce Elementary School
PublicK to 6

Crescent City Junior/Senior High School
Public7 to 12

Putnam County Exceptional Education
Public5 to 12

Eleanor H. Miller School
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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765 3rd Avenue is a mixed use property for sale in Welaka, FL 32193. This property was listed for sale on December 31, 2025 by WATSON REALTY CORP, it's currently listed at $2,500,000. It has been on the market for a total of 38 days and was last sold on April 1, 2005. This listing's school district is Putnam. Nearby schools include Browning-Pearce Elementary School, Crescent City Junior/Senior High School and Putnam County Exceptional Education. 765 3rd Avenue is a 0-bed, 9-bath, 5,617 sqft mixed use property built in 1968.

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Listing Courtesy of WATSON REALTY CORP

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.