Restaurant Property with Rooftop
New
For Sale
$4,750,000
1843 S FEDERAL Hwy, Fort Lauderdale, FL 33316
An existing tenant occupies the renovated building, which also has elevator access and a rooftop dining and bar area.
Property Size5,660 SF
Lot Size0.29 Acres
Price / SF$839.07
Days on Market2
Property Features for 1843 S FEDERAL Hwy
General Information
Standard status
Active
Size
5,660 SF
Lot size
0.29 Acres
Property subtype
Commercial
Site & Location
Neighborhood
Ppca
Frontage
129 ft
Traffic Count
60,000 vehicles/day
Road Access
Yes
Additional Details
Patio
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$37,571
Amenities
Elevator
Building Details
Building Size
5,660 SF
Year Built
1964
Stories
2
Listing Agency:
Douglas Elliman
Listed By:
Steven Mannino · License #3393229
(203) 257-6394
Source:
Elliman
Added: Nov 4
Last Checked: Nov 4 at 9:26AM
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 Douglas Elliman
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Investment Insights
Based on property information with market context.
This restaurant property has an existing tenant and has undergone extensive renovation. Features include a rooftop dining and bar space and an elevator. The building’s stated occupancy capacity is 182 people.
The property occupies a 12,715-square-foot corner parcel with 129 feet of Federal Highway frontage. The reported daily traffic volume is approximately 60,000 vehicles. Nearby destinations include Fort Lauderdale-Hollywood International Airport, Port Everglades, downtown Las Olas and Fort Lauderdale Beach; hotels and upscale residences are also in the surrounding area.
The property occupies a 12,715-square-foot corner parcel with 129 feet of Federal Highway frontage. The reported daily traffic volume is approximately 60,000 vehicles. Nearby destinations include Fort Lauderdale-Hollywood International Airport, Port Everglades, downtown Las Olas and Fort Lauderdale Beach; hotels and upscale residences are also in the surrounding area.
Key Highlights
- Restaurant building with an existing tenant
- Rooftop dining and bar area
- Occupancy capacity of 182
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
60,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,496
Businesses Nearby
197k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 37%
Shops & Services 27%
Groceries 20%
Hotels & Casinos 13%
Whole Foods Market
Groceries
34,018 visits/mo
0.2 miles
Chevron
Shops & Services
20,681 visits/mo
0.4 miles
Crowne Plaza Ft. Lauderdale Airport/Cruise
Hotels & Casinos
16,210 visits/mo
0.3 miles
Pollo Tropical
Dining
15,052 visits/mo
0.1 miles
Taco Bell
Dining
13,427 visits/mo
0.1 miles
Demographics for 33316, FL
12,669
Population
8,946
Households
1.4
Avg Household Size
50
Median Age
54%
College-Educated
95%
High-School Grad
4.1 sq mi
ZIP Area
3,090
Density / Sq Mi
$89,200
Median Household Income
$52,992
Median Earnings
$2,047
Median Rent
$793,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Fort Lauderdale, FL
Similar Off Market Nearby
- Fiesta Manila — 1616 se 10th ave, fort lauderdale, fl 33316
Frequently Asked Questions
What type of property is this?
Conventional restaurant - An existing tenant occupies the renovated building, which also has elevator access and a rooftop dining and bar area.
Where is this conventional restaurant located?
The property is located at 1843 S FEDERAL Hwy Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: Restaurant building with an existing tenant; Rooftop dining and bar area; Occupancy capacity of 182
