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Built-Out Restaurant with Event Space
For Sale
$700,000

3333 N University Dr, Hollywood, FL 33025

Multi-room hospitality facility with commercial kitchen, event staging, private lounge, and parking serving front and rear guest areas.

Property SizeContact for details
Days on Market13

Property Features for 3333 N University Dr

General Information

Standard status Active
Property subtype Business Opportunity

Taxes and HOA fees

Annual Taxes $35,890
Listing Agency: REF Realty Inc
Listed By: Robert E Fuerst
Source: Exprealty
Added: Aug 10 Changed: Aug 22 Last Checked: Aug 22 at 11:52AM

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 REF Realty Inc

Investment Insights

Based on property information with market context.

This approximately 6,961-square-foot restaurant accommodates 258 guests across a front dining room, rear dining and event room, and separate speakeasy-style lounge. The rear room accommodates approximately 150 guests and includes a stage for live music and private functions. The lounge has a private bar, intimate seating, custom lighting, and a concealed bookshelf-style entry. Four guest restrooms serve the dining, lounge, and event areas.

The commercial kitchen includes approximately 20 feet of hood space, two fryers, two grills, and a walk-in cooler and freezer. Additional improvements include two bars, locked liquor storage, secured dry storage, a security camera system, professional sound equipment, a DJ station, custom lighting, and entertainment infrastructure. Complimentary parking is available at the front and rear of the property.

The restaurant is located along University Drive near residential communities, businesses, healthcare, higher education, retail, and dining development, including Nova Southeastern University, Broward College, HCA Florida University Hospital, and Memorial Hospital.

Key Highlights

  • Approximately 6,961 SF restaurant facility with seating for 258 guests
  • Rear dining and event room accommodates approximately 150 guests and includes a dedicated stage
  • Separate lounge with private bar, custom lighting, and concealed bookshelf‑style entrance

Property Analytics

Current Use

Ovivi’s Restaurant Restaurant

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Storage Facility Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,074
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33025, FL

75,455
Population
30,260
Households
2.5
Avg Household Size
36
Median Age
30%
College-Educated
93%
High-School Grad
10.6 sq mi
ZIP Area
7,118
Density / Sq Mi
$68,120
Median Household Income
$41,231
Median Earnings
$1,945
Median Rent
$339,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Multi-room hospitality facility with commercial kitchen, event staging, private lounge, and parking serving front and rear guest areas.
Where is this conventional restaurant located?
The property is located at 3333 N University Dr Hollywood, FL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Approximately 6,961 SF restaurant facility with seating for 258 guests; Rear dining and event room accommodates approximately 150 guests and includes a dedicated stage; Separate lounge with private bar, custom lighting, and concealed bookshelf‑style entrance
More about this property
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