Established Sports Bar and
For Sale
$1,000,000
Stirling Rd, Hollywood, FL 33024
Popular Sports Bar and Grille in Davie, FL
Property Size5,000 SF
Price / SF$200
Days on Market240
Property Features for Stirling Rd
General Information
Standard status
Active
Property type
Other specialty properties, Other hospitality properties, Specialty properties, Hospitality properties
Size
5,000 SF
Class
B
Sale Condition
Leasehold
Investment Type
Net Lease
Building Details
Stories
1
Units
1
Listed By:
Julie Negovan
(305) 389-5800
Added: Feb 16
Changed: Apr 8
Investment Insights
Based on property information with market context.
This established bar and grill offers lunch service and transitions into a vibrant nightclub in the evenings, remaining open until 4 AM. The venue features DJ nights, karaoke, drink specials, hookahs, pool tables, dart boards, games, and a dance floor. A full kitchen provides bar food, complemented by a full liquor bar with nightly drink specials. The business operates seven days a week, from 9 AM to 4 AM. The location benefits from ample free parking within a well-maintained shopping center situated off a main thoroughfare in Davie, Florida, near the Hard Rock Guitar Hotel & Casino. The rent is $7,200 per month, with the current lease term expiring in February 2028. The sale includes the business name, goodwill, furniture, fixtures, and equipment (FF&E), along with all necessary licenses for operation, including a 4-COP quota alcoholic beverage license. Owner financing is available with a minimum down payment of $300,000.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,620
Cap Rate
3.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$752,400
$752.4K
Cap Rate 7%
$537,429
$537.4K
Cap Rate 9%
$418,000
$418.0K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$90.0K $18.00/SF
− Vacancy
−$10.8K −$2.16/SF
EGI
$79.2K $15.84/SF
− OpEx
−$41.6K −$8.32/SF
NOI
$37.6K $7.52/SF
Area
Hollywood, FL
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$752,400
Cap Rate 7%
$537,429
Cap Rate 9%
$418,000
Alternative Uses
Best Use
Hotel Hospitality
$537.4K
$470.3K – $627.0K
NOI $37,620 @ 7.0% cap · market cap 3.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.96M
$1.71M – $2.28M
NOI $136,920 @ 7.0% cap · market cap 13.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
761
Businesses Nearby
Explore this area
Business Placement
Demographics for 33024, FL
74,843
Population
26,552
Households
2.8
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
11.6 sq mi
ZIP Area
6,452
Density / Sq Mi
$76,501
Median Household Income
$38,144
Median Earnings
$1,724
Median Rent
$365,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Specialty property - Popular Sports Bar and Grille in Davie, FL
Where is this specialty property located?
The property is located at Stirling Rd Hollywood, FL.
What is the asking price?
The asking price for this property is $1,000,000.
