Two-Story Bar and
For Sale
$1,890,000
3045 N Federal Highway, Fort Lauderdale, FL
Commercial Sale, Fort Lauderdale, FL
Property Size3,467 SF
Lot Size0.04 Acres
Price / SF$545.14
Days on Market45
Property Features for 3045 N Federal Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B-1
Parking
122
Directions
Corner Of Oakland Park Blvd and N Federal Hwy
Subdivision
3370
Standard status
Active
APN
494225080070
Size
3,467 SF
Lot size
0.04 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
CORAL SHOPPING CENTER 29-30 B LOT 6
Tax Annual Amount
14472
HOA Fee
$1,750 Semi-Annually
Legal Description
CORAL SHOPPING CENTER 29-30 B LOT 6
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
commercial kitchen
two full bars
private lounge
security camera system
sound and stage
custom lounge
secure access points
Building Details
Year built
1958
Floors in Building
2
Number of units
2
Flooring type
Tile, Engineered
Building materials
Block, Brick
Roof type
Flat
Listing Agency:
The Keyes Company
(954) 467-0105
Listed By:
Rudy Artavia · License #3550504
(323) 540-8339
Added: Jul 27
Changed: Sep 9
Last Checked: Sep 9 at 4:06PM
MLS# B26057109
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-story bar and pub occupies 3,467 square feet on a 0.04-acre parcel and was renovated in 2025. The layout includes a commercial kitchen, two full bars, a downstairs sound system and stage, and an upstairs private lounge. Tile and engineered flooring, central heating and cooling, block and brick construction, public water and sewer, and an in-place security camera system are also included. The sale includes the property, contents, and a 4COP alcohol license.
Positioned at 3045 N Federal Highway in Fort Lauderdale, the property has frontage at the E Oakland Park Boulevard intersection and exposure to more than 82,000 vehicles daily. National retailers in the surrounding area include Publix, Target, Smoothie King, and Whole Foods. The property is zoned B-1 and features a flat roof with secure access points serving each floor.
Positioned at 3045 N Federal Highway in Fort Lauderdale, the property has frontage at the E Oakland Park Boulevard intersection and exposure to more than 82,000 vehicles daily. National retailers in the surrounding area include Publix, Target, Smoothie King, and Whole Foods. The property is zoned B-1 and features a flat roof with secure access points serving each floor.
Key Highlights
- 3,467‑square‑foot two‑story bar and pub on 0.04 acres
- Renovated in 2025 with an in‑place security camera system
- Includes commercial kitchen, two full bars, stage, and private upstairs lounge
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$69,795
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,395,900
$1.4M
Cap Rate 7%
$997,071
$997.1K
Cap Rate 9%
$775,500
$775.5K
Market Conditions
NOI Build-Up for 3,467 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$99.8K $28.80/SF
− Vacancy
−$6.8K −$1.96/SF
EGI
$93.1K $26.84/SF
− OpEx
−$23.3K −$6.71/SF
NOI
$69.8K $20.13/SF
Area
Fort Lauderdale, FL
Vacancy
6.80%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,395,900
Cap Rate 7%
$997,071
Cap Rate 9%
$775,500
Alternative Uses
Best Use
Specialty Retail
$997.1K
$872.4K – $1.16M
NOI $69,795 @ 7.0% cap · market cap 3.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.33M
$2.04M – $2.72M
NOI $163,088 @ 7.0% cap · market cap 8.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
82,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
3,153
Businesses Nearby
371k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 33%
Dining 32%
Groceries 17%
Leisure 8%
Target
Superstores
124,273 visits/mo
0.2 miles
Publix
Groceries
47,167 visits/mo
0.3 miles
Chick-fil-A
Dining
44,956 visits/mo
0.3 miles
AMC Dine-In Coral Ridge 10
Leisure
30,446 visits/mo
0.3 miles
Pollo Tropical
Dining
19,290 visits/mo
0.3 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Fort Lauderdale, FL
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Frequently Asked Questions
What type of property is this?
Bar & Pub - Renovated hospitality property with two bars, a commercial kitchen, stage, and private upstairs lounge.
Where is this bar & pub located?
The property is located at 3045 N Federal Highway Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $1,890,000.
What are key features of this property?
This property features: 3,467‑square‑foot two‑story bar and pub on 0.04 acres; Renovated in 2025 with an in‑place security camera system; Includes commercial kitchen, two full bars, stage, and private upstairs lounge
