French Bistro with
1576 E OAKLAND PARK Boulevard, Oakland Park, FL 33334
For Sale
$850,000
The restaurant combines bakery offerings with breakfast, lunch, and dinner service and outdoor seating.
Property Size2,323 SF
Price / SF$365.91
Days on Market47
Property Features for 1576 E OAKLAND PARK Boulevard
General Information
Standard status
Size
Property subtype
Additional Details
Business Included
Patio
Currently Operating
Building Details
Year Built
Listing Agency:
Keller Williams Realty Profess
(954) 630-7020
Listed By:
Richard J Toomey · License FL #0681892
(954) 701-0005
Source:
Wycliffecommunityrealty
Added: Sep 24
Changed: Nov 8
Last Checked: Nov 8 at 9:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Profess
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Investment Insights
Based on property information with market context.
This 2,323-square-foot restaurant operates as a French bakery and bistro, with baked goods and a menu spanning breakfast, lunch, and dinner. Outdoor seating is available, and the interior features tile and wood finishes. The building was constructed in 1967.
The property is on E Oakland Park Boulevard in Oakland Park, with access from a city street and a public-maintained road. Common free parking is provided.
The property is on E Oakland Park Boulevard in Oakland Park, with access from a city street and a public-maintained road. Common free parking is provided.
Key Highlights
- 2,323‑square‑foot restaurant building
- French bakery and bistro format with breakfast, lunch, and dinner menu
- Outdoor seating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,943
Cap Rate
4.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$738,860
$738.9K
Cap Rate 7%
$527,757
$527.8K
Cap Rate 9%
$410,478
$410.5K
Market Conditions
NOI Build-Up for 2,323 SF
Gross rent
$53.0K $22.80/SF
− Vacancy
−$3.7K −$1.60/SF
EGI
$49.3K $21.20/SF
− OpEx
−$12.3K −$5.30/SF
NOI
$36.9K $15.90/SF
Area
Broward County, FL
Vacancy
7.00%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$738,860
Cap Rate 7%
$527,757
Cap Rate 9%
$410,478
Alternative Uses
Best Use
Specialty Retail
$527.8K
$461.8K – $615.7K
NOI $36,943 @ 7.0% cap · market cap 4.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.18M
$1.03M – $1.37M
NOI $82,499 @ 7.0% cap · market cap 9.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,719
Businesses Nearby
115k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 38%
Shops & Services 34%
Dining 28%
Publix
Groceries
44,212 visits/mo
0.4 miles
Party City
Shops & Services
15,423 visits/mo
0.5 miles
Marathon
Shops & Services
13,947 visits/mo
0.5 miles
Wendy's
Dining
12,615 visits/mo
0.5 miles
Smoothie King
Dining
8,504 visits/mo
0.5 miles
Demographics for 33334, FL
30,138
Population
14,314
Households
2.1
Avg Household Size
44
Median Age
33%
College-Educated
88%
High-School Grad
4.8 sq mi
ZIP Area
6,279
Density / Sq Mi
$69,512
Median Household Income
$36,895
Median Earnings
$1,615
Median Rent
$430,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Conventional restaurants in Broward County, FL
Properties on Market for Conventional restaurants in Broward County
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The restaurant combines bakery offerings with breakfast, lunch, and dinner service and outdoor seating.
Where is this conventional restaurant located?
The property is located at 1576 E OAKLAND PARK Boulevard Oakland Park, FL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 2,323‑square‑foot restaurant building; French bakery and bistro format with breakfast, lunch, and dinner menu; Outdoor seating
