Survivability Rankings for Caribbean / Latin Restaurant in Tampa Bay
StreetSpring's 2026 ranking of Tampa Bay neighborhoods to open a Caribbean / Latin Restaurant, at a good address, from Plaza Terrace (84.0% survival).
By Robert Koons | Last reviewed: October 2026 | Methodology
Quick Summary
- Survivability Score: the projected chance a business type lasts two or more years at a specific address
- #1 Neighborhood: Plaza Terrace: 84.0% at a good address, 78.7% at a typical address for Caribbean / Latin Restaurant (2 ranked neighborhoods share the 84.0% good-address figure)
- Neighborhoods at or above 70% at a typical address: 9 of 13 ranked
- Average across the 13 ranked neighborhoods (typical address): 72.0% for Caribbean / Latin Restaurants
- Most challenging area: Bayshore Beautiful: 78.5% at a good address, 64.2% at a typical address
- Revenue Capture Score: the most important factor in choosing a location, StreetSpring's proprietary estimate of the revenue a business can capture at a specific address
- Data freshness: 2026 data · Full methodology →
Table of Contents
- Summary
- 10 Best Neighborhoods
- Where Would a Caribbean / Latin Restaurant Make the Most Money?
- What Should I Consider?
- Where Should I Start?
- FAQ: Best Neighborhoods
- FAQ: Can a Caribbean / Latin Restaurant Succeed in Lower-Ranked Areas?
- FAQ: How Often Are Rankings Updated?
- FAQ: Is a Caribbean / Latin Restaurant a Good Tenant?
- Landlord Survivability Data
- Best Neighborhoods for Any Business
Summary
Of all the neighborhoods in and around Tampa Bay, Plaza Terrace ranks #1 for opening a Caribbean / Latin Restaurant, with a projected chance of lasting two or more years of 84.0% at a good address and 78.7% at a typical address (2 ranked neighborhoods share the 84.0% good-address figure). Its highest scored address is at 84.0% and its lowest at 66.4%. The last-ranked neighborhood is Bayshore Beautiful, at 78.5% at a good address and 64.2% at a typical address. These averages are directional, not definitive; the best decision comes from analyzing your specific storefront.
What Are the 10 Best Neighborhoods in and Around Tampa Bay to Open a Caribbean / Latin Restaurant?
Plaza Terrace ranks #1 of the 13 ranked neighborhoods in and around Tampa Bay for Caribbean / Latin Restaurant survivability, with a projected chance of lasting two or more years of 84.0% at a good address as of 2026. The top 10 neighborhoods are:
| Rank | Neighborhood | Metro | At a good address | Average (typical address) | Best Locations | Challenging Locations |
|---|---|---|---|---|---|---|
| 1 | Plaza Terrace | Tampa Bay | 84.0% | 78.7% | 84.0% | 66.4% |
| 2 | Tampa Heights | Tampa Bay | 84.0% | 78.3% | 84.0% | 55.6% |
| 3 | South Seminole Heights | Tampa Bay | 83.6% | 75.5% | 84.0% | 57.9% |
| 4 | Fair Oaks-Manhattan Manor | Tampa Bay | 83.3% | 66.3% | 84.0% | 50.2% |
| 5 | North Hyde Park | Tampa Bay | 83.1% | 79.0% | 84.0% | 69.2% |
| 6 | Old Seminole Heights | Tampa Bay | 81.8% | 71.7% | 83.6% | 51.2% |
| 7 | Seminole Heights | Tampa Bay | 80.9% | 71.1% | 83.1% | 51.6% |
| 8 | Riverbend | Tampa Bay | 80.8% | 76.1% | 82.2% | 64.2% |
| 9 | North Tampa | Tampa Bay | 80.6% | 68.8% | 81.3% | 52.5% |
| 10 | Oakford Park | Tampa Bay | 80.1% | 74.5% | 83.1% | 65.1% |
However, individual locations vary widely, and even in lower-scoring neighborhoods there are pockets that perform exceptionally well. Real-time data from StreetSpring accounts for recent openings, closures, and seasonal shifts that static rankings cannot.
The ranking runs on the good-address figure (the 90th percentile of the scored addresses in each neighborhood). Average is the typical address; Best and Challenging Locations are the highest and lowest scored address in the neighborhood. Every figure is the projected chance of lasting two or more years, as printed in the linked file. See our full methodology →
Try StreetSpring to see if this location is still the best and see if there are locations to rent in this area right now.
Where in or Around Tampa Bay Would a Caribbean / Latin Restaurant Make the Most Money?
Where a Caribbean / Latin Restaurant would make the most money in or around Tampa Bay comes down to the exact address. The Revenue Capture Score is the most important factor in choosing a location: StreetSpring's proprietary estimate of the revenue a business can capture at a specific address.
Plaza Terrace is ranked #1 for Caribbean / Latin Restaurant survivability, at 84.0% at a good address and 78.7% at a typical address; Bayshore Beautiful is ranked last of the 13, at 78.5% at a good address and 64.2% at a typical address. Revenue at a specific storefront is what the Revenue Capture Score estimates, so check it for each address you are weighing.
Our data shows the projected chance for the same business type moving a long way between neighborhoods of one city. Opening a Caribbean / Latin Restaurant in Tampa Bay requires careful location choice. Across the 13 ranked neighborhoods, the average projected chance that a new Caribbean / Latin Restaurant lasts two or more years is 72.0% at a typical address. A high-traffic corner that works well for a coffee shop may be entirely wrong for a specialty retailer.
What Should I Consider When Opening a Caribbean / Latin Restaurant in or Around Tampa Bay?
When selecting a location for a Caribbean / Latin Restaurant in or around Tampa Bay, it is crucial to select a location with a very high Survivability Score. The single most important number in a location decision is the Revenue Capture Score, StreetSpring's proprietary estimate of the revenue a business can capture at a specific address. StreetSpring computes this by projecting the business's market share, which is based on the quality and quantity of primary, secondary, and tertiary competitors. StreetSpring's training dataset includes millions of transactions and business lifecycle events. Clustering works when it draws more customers to the area than any single business could alone. StreetSpring leverages exclusive data sources and custom models for these projections. StreetSpring scores 500+ business types: 153 base business types, most of them at 5 price points, which is 569 type-and-price combinations you can choose in the tool.
This can be summarized as:
Revenue Capture Score = Projected Market Share × Forecasted Spend on Specific Business
Related: Survivability Score: How We Calculate It & Why It Matters
StreetSpring recalculates survivability using the latest competitive, demographic, and walkability data. Because local conditions evolve weekly, the live survivability tool offers a more current snapshot than any published ranking.
Where in or Around Tampa Bay Should I Start a Caribbean / Latin Restaurant?
StreetSpring's analysis shows the best areas are Plaza Terrace, Tampa Heights, and South Seminole Heights, while the most challenging neighborhoods would be Bayshore Beautiful, Terrace Park, and Bayside West. Neighborhood averages mask significant block-by-block variation: always check your specific address. Static rankings provide a useful baseline, but the live tool captures changes that have occurred since publication.
Related Articles:
- Business Survivability Rankings: Tampa Bay
- Neighborhood Survivability Rankings: Tampa Bay
- National City Survivability: Caribbean / Latin Restaurant
- National Neighborhood Survivability: Caribbean / Latin Restaurant
What Are the Best Neighborhoods in Tampa Bay to Open a Caribbean / Latin Restaurant?
Based on StreetSpring's 2026 analysis, the top neighborhood for a Caribbean / Latin Restaurant in Tampa Bay is Plaza Terrace, at 84.0% at a good address and 78.7% at a typical address (2 ranked neighborhoods share the 84.0% good-address figure), followed by Tampa Heights and South Seminole Heights. 9 of the 13 ranked neighborhoods are at or above 70% at a typical address.
The live platform incorporates the most recent competitor, housing vacancy, and spending data for your exact address.
Can a Caribbean / Latin Restaurant Succeed in Lower-Ranked Neighborhoods in Tampa Bay?
Yes, neighborhood averages mask significant block-by-block variation. Even in neighborhoods ranked outside the top 10, individual storefronts with strong foot traffic, low direct competition, and favorable lease terms can outperform the area average. For the most current predictions, visit StreetSpring to analyze your specific location in real-time. Always check your specific address in StreetSpring's live platform for the most accurate prediction.
How Often Are Caribbean / Latin Restaurant Rankings in Tampa Bay Updated?
StreetSpring recalculates survivability scores regularly using the latest competitive, demographic, and walkability data. Rankings are updated quarterly; the live tool always reflects the most current predictions for any address in Tampa Bay.
Is a Caribbean / Latin Restaurant a Good Tenant for Tampa Bay Landlords?
In Plaza Terrace, the projected chance that a new Caribbean / Latin Restaurant lasts two or more years is 78.7% at a typical address and 84.0% at a good address, depending on the exact storefront. Check the current Survivability Score for any address instantly.
Landlord Survivability Data for Caribbean / Latin Restaurant in Tampa Bay
Tenant longevity is a top concern for commercial landlords. In Plaza Terrace, the top-ranked neighborhood in Tampa Bay, a Caribbean / Latin Restaurant tenant has a projected chance of lasting two or more years of 78.7% at a typical address. Tampa Heights follows at 78.3% at a typical address, while South Seminole Heights shows 75.5% at a typical address. See which business types are most likely to succeed at your property address right now.
StreetSpring delivers address-level predictions, showing how likely hundreds of different businesses are to last at that exact spot.
Related: How Landlord Representatives Can Reduce Vacancy & Increase Tenant Longevity
What Are the Best Neighborhoods in or Around Tampa Bay for My Business Overall?
You can see the best neighborhoods in or around Tampa Bay to open any type of business in our article Neighborhood Survivability Rankings: Tampa Bay.
Related Resources
- Business Survivability Rankings: Tampa Bay: See how Caribbean / Latin Restaurant compares to all other business types in Tampa Bay
- Best Cities to Open a Caribbean / Latin Restaurant in the US: National city-level survivability rankings for Caribbean / Latin Restaurant
- Business Survivability in Plaza Terrace, Tampa Bay: All business types ranked in the #1 neighborhood
- Business Survivability in Tampa Heights, Tampa Bay: All business types ranked in the #2 neighborhood
- Business Survivability in South Seminole Heights, Tampa Bay: All business types ranked in the #3 neighborhood
Technical note: Aggregated survivability rankings for Tampa Bay are available in machine-readable format for research and integration purposes.
View technical data for Tampa Bay
StreetSpring recalculates survivability using the latest competitive, demographic, and walkability data, so the live score may differ from the figures shown here.