1960 Ocean Dr Hallandale Beach, FL 33009
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 1960 Ocean Dr
- Year built
- 1980
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional beachfront restaurant located at 1960 S Ocean Drive, Hallandale Beach, Florida 33009, presents a lucrative investment opportunity. Built in 1980, this 5000 square foot property boasts a prime location offering stunning ocean views. The expansive space includes a main dining floor, a fully equipped bar, a dedicated kids' room, and a captivating outdoor terrace perfect for al fresco dining. The restaurant's diverse revenue streams include banquet services, catering, beach service, and delivery, contributing to its established profitability. The property is situated in Broward County and enjoys high visibility due to its beachfront location. This turnkey operation is ready for a new owner to continue its success. The asking price for this established and profitable restaurant is $1,600,000. This represents a rare chance to acquire a well-established business with significant potential for growth in a highly desirable location. The property's size and diverse offerings make it an attractive investment for experienced restaurateurs seeking a profitable and established business. The combination of indoor and outdoor seating provides flexibility for various events and customer preferences. The inclusion of a dedicated kids' room adds to the family-friendly appeal of the establishment. This is a unique opportunity to own a thriving restaurant with exceptional ocean views in a prime South Florida location.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hallandale Beach
- County
- Broward
- State
- Florida
- Longitude
- -80.1185
- Latitude
- 25.9796
