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511 SE 5th Ave - Profitable restaurant - Business for Sale 8,664 SF Retail Condo Unit Offered at $900,000 in Fort Lauderdale, FL 33301
Investment Highlights
- Profitable waterfront luxury restaurant busines for sale.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User | No. Parking Spaces | 8 |
| Sale Type | Owner User |
| No. Parking Spaces | 8 |
Sale Notes
Sales price: $ 1,500,000.00 _ Well-established and highly rated Mediterranean restaurant located in a prime high-traffic area, offering a turn-key operation with a loyal customer base, strong online presence, fully equipped kitchen, stylish indoor and outdoor dining areas, and excellent growth potential—ideal for an owner-operator or investor seeking a profitable opportunity in the heart of Florida’s vibrant dining scene. The beautifully remodeled space features seating for 240 guests, plenty of on-site parking, and a favorable lease in place through 2026 with two additional 5-year renewal options—providing long-term stability for continued success. Great opportunity!
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Rest | 8,664 SF | Retail | $900,000 ($103.88/SF) | - |
Unit Rest
| Unit Size |
| 8,664 SF |
| Condo Use |
| Retail |
| Price |
| $900,000 ($103.88/SF) |
| NOI |
| - |
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Unit Rest
| Unit Size | 8,664 SF |
| Condo Use | Retail |
| Price | $900,000 ($103.88/SF) |
| NOI | - |
| Sale Type | Owner User |
| No. Parking Spaces | 8 |
| Sale Notes | |
| Sales price: $ 1,500,000.00 _ Well-established and highly rated Mediterranean restaurant located in a prime high-traffic area, offering a turn-key operation with a loyal customer base, strong online presence, fully equipped kitchen, stylish indoor and outdoor dining areas, and excellent growth potential—ideal for an owner-operator or investor seeking a profitable opportunity in the heart of Florida’s vibrant dining scene. The beautifully remodeled space features seating for 240 guests, plenty of on-site parking, and a favorable lease in place through 2026 with two additional 5-year renewal options—providing long-term stability for continued success. Great opportunity!</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 454,000 SF | Typical Floor Size | 18,160 SF |
| Property Type | Multifamily (Condo) | Year Built | 2005 |
| Property Subtype | Apartment | Lot Size | 3.32 AC |
| Building Class | A | Parking Ratio | 0.95/1,000 SF |
| Floors | 25 | ||
| Zoning | RAC-CC - Commerce Center District | ||
| Total Building Size | 454,000 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | A |
| Floors | 25 |
| Typical Floor Size | 18,160 SF |
| Year Built | 2005 |
| Lot Size | 3.32 AC |
| Parking Ratio | 0.95/1,000 SF |
| Zoning | RAC-CC - Commerce Center District |
Amenities
- Smoke Detector
Site Amenities
- 24 Hour Access
- Controlled Access
- Security System
- Waterfront
- Wheelchair Accessible
- On-Site Retail
- Package Service
- Conference Rooms
- Zen Garden
- Private Bathroom
Very walkable
80/100
Fairly drivable
50/100
Some public transit
50/100
Moderately bikeable
70/100
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511 SE 5th Ave - Profitable restaurant - Business for Sale
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