841-845 N Fort Lauderdale Beach Blvd - Storefront FOR SALE


Fort Lauderdale, FL 33304- Central Beach
$2,204,000 USD
561-789-7726
841-845 N Fort Lauderdale Beach Blvd, Fort Lauderdale, FL for Sale
$2,204,000 USD
Storefront - FOR SALE
1/15
null | 8.97% Cap Rate

841-845 N Fort Lauderdale Beach Blvd
Fort Lauderdale, FL 33304
Central Beach


HIGHLIGHTS

  • Rare opportunity to acquire a fully occupied, three-tenant beachfront retail property in the heart of Fort Lauderdale Beach.
  • 841-843-845 Fort Lauderdale Beach Blvd, FOR SALE on one Deed.
  • NOI: $197,769.20 with a cap rate of 8.97%

OVERVIEW

The asset is currently occupied by three retail tenants, creating an established street-retail presence along the A1A corridor. 841 N Fort Lauderdale Beach Blvd is occupied by Kousine Peruvian Kitchen, a well-known restaurant location operating directly from the property. 843 N Fort Lauderdale Beach Blvd is occupied by Ocean Wine & Spirits, a liquor store serving the Fort Lauderdale Beach market. 845 N Fort Lauderdale Beach Blvd is occupied by Fat Tuesday, the nationally recognized frozen cocktail concept with a Fort Lauderdale Beach location at this address. From an investment perspective, the property offers the appeal of irreplaceable beachfront frontage with a diversified mix of food, beverage, and convenience-oriented retail uses that align well with the surrounding hospitality and tourism-driven environment. This blend of tenants positions the property to capture demand from tourists, hotel guests, beachgoers, and local residents throughout the year. Property Description: From an investment perspective, the property offers the appeal of irreplaceable beachfront frontage with a diversified mix of food, beverage, and convenience-oriented retail uses that align well with the surrounding hospitality and tourism-driven environment. Kousine brings an established dining component to the property, Ocean Wine & Spirits provides a convenient beach-area liquor and beverage offering, and Fat Tuesday adds a nationally branded entertainment-oriented beverage use that complements the high-energy Fort Lauderdale Beach atmosphere. This blend of tenants positions the property to capture demand from tourists, hotel guests, beachgoers, and local residents throughout the year. The location is a major strength of the offering. Fort Lauderdale Beach Boulevard is one of Broward County’s signature waterfront corridors, connecting the property to the broader beach market while also providing convenient access west to Sunrise Boulevard and I-95, and south toward Las Olas Beach and the downtown Fort Lauderdale core. The property’s placement within the Central Beach district enhances its long-term desirability for both investors and users seeking exposure in a high-barrier-to-entry beachfront retail market. Location Description: Positioned in Fort Lauderdale’s highly visible Central Beach district, this retail location sits directly along A1A / N Fort Lauderdale Beach Blvd, across from the beach and surrounded by hotels, restaurants, luxury residential towers, and year-round visitor traffic. The site benefits from exceptional exposure in one of Broward County’s best-known beachfront corridors, with quick access west to Sunrise Blvd and I-95, and convenient connectivity to both the downtown Fort Lauderdale core and the beach hospitality market. Rare opportunity to acquire a fully occupied three-tenant beachfront retail property on Fort Lauderdale Beach Boulevard / A1A in the heart of the Central Beach submarket. Premier A1A frontage in one of South Florida’s most recognized beach corridors, with strong visibility and year-round pedestrian and tourist activity. Tenant at 841: Kousine Peruvian Kitchen, an established restaurant operating at 841 N Fort Lauderdale Beach Blvd. Tenant at 843: Ocean Wine & Spirits, a beach-area liquor store located at 843 N Fort Lauderdale Beach Blvd. Tenant at 845: Fat Tuesday, the nationally recognized frozen cocktail concept, operating at 845 N Fort Lauderdale Beach Boulevard. Diversified tenant mix featuring restaurant, beverage, and convenience-oriented retail uses tailored to the surrounding hospitality and tourism-driven market. Positioned just south of Sunrise Boulevard, a highly desirable beach location with immediate access to hotels, restaurants, entertainment, and luxury residential towers nearby. Irreplaceable urban beachfront location with strong appeal to investors seeking income-producing retail property in a high-barrier-to-entry coastal market. Excellent customer draw from tourists, hotel guests, beachgoers, and local residents, supporting daily activity across the tenant lineup. This is an inference based on the site’s placement in the Fort Lauderdale Beach visitor district. A compelling Fort Lauderdale Beach investment opportunity combining location, visibility, established occupancy, and a dynamic beachfront retail atmosphere. Stable in-place income supported by nationally and locally recognized operators. High storefront activation creating a vibrant, high-energy retail environment. Zoning: 841 N Fort Lauderdale Beach Blvd, if the parcel is zoned SLA, that means it is in Fort Lauderdale’s Sunrise Lane Area District, one of the city’s Central Beach districts. The purpose of this district is to preserve and revitalize the neighborhood south of Sunrise Boulevard, while protecting existing residential, commercial, and transient lodging uses. Permitted uses: SLA allows, at different review levels, residential, hotels/suite hotels, parking garages, tourist-oriented retail, and restaurants. The code specifically lists commercial retail uses for tourists and visitors, plus restaurants; restaurants on parcels abutting the Intracoastal cannot have outdoor food or beverage service on the Intracoastal side. Accessory improvements such as fences, walls, landscaping, parking, signs, and exterior nonstructural alterations are also allowed as lower-level approvals.Height / density / intensity In the SLA district, the maximum structure height is 120 feet. Density is 48 dwelling units per acre for residential, 90 hotel rooms per acre for hotels, and commercial retail is limited by a floor area ratio of 2.0.

FOR SALE DETAILS

PRICE

$2,204,000 USD

PRICE/SF

$950 USD /SF

CAP RATE

8.97%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

C

APN/PARCEL ID

50-42-01-33-0030

ASK ABOUT THIS PROPERTY

David JosephThe Keyes CompanyMore Info
561-789-7726

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David JosephThe Keyes CompanyMore Info
561-789-7726

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