511 SE 5th Ave - Apartments CONDO FOR SALE


Fort Lauderdale, FL 33301- Rio Vista
$1,500,000 USD
954-600-0550
511 SE 5th Ave, Fort Lauderdale, FL for Sale
$1,500,000 USD
Apartments CONDO - FOR SALE
1/88
null | Request Cap Rate

511 SE 5th Ave
Fort Lauderdale, FL 33301
Rio Vista


HIGHLIGHTS

  • Profitable waterfront luxury restaurant busines for sale.

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$173 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Profitable restaurant - Business for Sale

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

454,000 SF

STORIES

25

BUILDING CLASS

A

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

433

LAND DETAILS

LAND ACRES

3.32 AC

LAND SF

144,619 SF

ZONING

RAC-CC

APN/PARCEL ID

50-42-10-BE-2000,50-42-10-BE-2090,50-42-10-BE-2990,50-42-10-BE-3540,50-42-10-BE-3850,50-42-10-BF-0010,50-42-10-BF-0020

ASK ABOUT THIS PROPERTY

Marcio SoUSAThe Keyes CompanyMore Info
954-600-0550

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Marcio SoUSAThe Keyes CompanyMore Info
954-600-0550

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.