Freestanding Restaurant with Outdoor
For Sale
Contact for pricing
3496 N Ocean Blvd, Fort Lauderdale, FL 33308
Freestanding restaurant on A1A with bar and lounge space and outdoor seating for licensed patrons.
Property Size7,000 SF
Price / SF$371.43
Days on Market371
Property Features for 3496 N Ocean Blvd
General Information
Standard status
Active
Size
7,000 SF
Property subtype
RETAIL
Site & Location
Neighborhood
Gmca
Road Access
Yes
Restaurant
Seating Capacity
180
Patio
Yes
Building Details
Year Renovated
2020
Buildings
1
Listing Agency:
The Rotella Group Inc.
(954) 568-9015
Listed By:
William J. Rotella · License #345815
(954) 634-2801
Source:
Moodyscre
Added: Oct 27, 2025
Changed: Oct 25
Last Checked: Oct 30 at 2:47PM
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 The Rotella Group Inc.
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Investment Insights
Based on property information with market context.
Freestanding restaurant building offering outdoor seating and a full bar and lounge setup. The property is listed at approximately 7,000 SF and was recently renovated in 2020. It is licensed for 180 seats, supporting both indoor dining and an outdoor experience.
Located at 3496 N Ocean Blvd in Fort Lauderdale, with excellent signage and visibility on A1A in east Fort Lauderdale. The site is described as having great frontage, access, and visibility from the major corridor in the area.
The immediate surrounding area includes dining and entertainment neighbors such as Greek Island Taverna, Cafe Martorano, Thasos, Bokampers Sports Bar & Grill, Shooters Waterfront, and Mastro’s Restaurant, supporting a restaurant-forward tenant mix.
Located at 3496 N Ocean Blvd in Fort Lauderdale, with excellent signage and visibility on A1A in east Fort Lauderdale. The site is described as having great frontage, access, and visibility from the major corridor in the area.
The immediate surrounding area includes dining and entertainment neighbors such as Greek Island Taverna, Cafe Martorano, Thasos, Bokampers Sports Bar & Grill, Shooters Waterfront, and Mastro’s Restaurant, supporting a restaurant-forward tenant mix.
Key Highlights
- Approximately 7,000 SF freestanding restaurant building
- Recently renovated in 2020
- Licensed for 180 seats
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$140,918
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,818,360
$2.8M
Cap Rate 7%
$2,013,114
$2.0M
Cap Rate 9%
$1,565,756
$1.6M
Market Conditions
NOI Build-Up for 7,000 SF
Gross rent
$201.6K $28.80/SF
− Vacancy
−$13.7K −$1.96/SF
EGI
$187.9K $26.84/SF
− OpEx
−$47.0K −$6.71/SF
NOI
$140.9K $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 Rate 5%
$2,818,360
Cap Rate 7%
$2,013,114
Cap Rate 9%
$1,565,756
Alternative Uses
Best Use
Specialty Retail
$2.01M
$1.76M – $2.35M
NOI $140,918 @ 7.0% cap · market cap 5.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.70M
$4.12M – $5.49M
NOI $329,280 @ 7.0% cap · market cap 12.66%
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
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,040
Businesses Nearby
68k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Groceries 25%
Dining 24%
Hotels & Casinos 5%
Speedway
Shops & Services
25,545 visits/mo
0.2 miles
Winn-Dixie
Groceries
16,874 visits/mo
0.3 miles
McDonald's
Dining
11,765 visits/mo
0.5 miles
Dunkin' Donuts
Dining
3,953 visits/mo
0.4 miles
Residence Inn by Marriott
Hotels & Casinos
3,375 visits/mo
0.2 miles
Demographics for 33308, FL
29,519
Population
23,230
Households
1.3
Avg Household Size
57
Median Age
56%
College-Educated
96%
High-School Grad
4.6 sq mi
ZIP Area
6,417
Density / Sq Mi
$83,413
Median Household Income
$58,600
Median Earnings
$1,850
Median Rent
$536,900
Median Home Value
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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant on A1A with bar and lounge space and outdoor seating for licensed patrons.
Where is this conventional restaurant located?
The property is located at 3496 N Ocean Blvd Fort Lauderdale, FL.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Approximately 7,000 SF freestanding restaurant building; Recently renovated in 2020; Licensed for 180 seats
