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Property profile

101 Sunrise Blvd Fort Lauderdale, FL 33304

OFF-MARKET
Turn key restaurants
Property ID
US18-3914776
654 SF 0.14 ac lot Built 1957
Entity Owned 1-yr Hold Free & Clear

Property summary

AI-generated overview

This exceptional investment opportunity presents a 1,477 square foot quick-service restaurant (QSR) located at 101 E Sunrise Blvd, Fort Lauderdale, FL 33304. The property, built in 1957, sits on a sizable 7,150 square foot lot and boasts a highly visible street frontage of approximately 76 linear feet along Sunrise Boulevard, a major thoroughfare with an estimated 50,000+ cars passing daily. The B-2 zoned property includes a freestanding building with ample parking in the rear and outdoor seating for twelve guests under an awning. The interior features two counters with eight stools. This established business has been operating for 45 years, benefiting from its prime location near the downtown business district, Federal Highway, and Fort Lauderdale beaches. The asking price of $1,800,000 includes both the real estate and the existing business. The property's APN is 494234100030. This is a rare chance to acquire a well-established, high-traffic QSR in a desirable Florida location. The price per square foot is $1,218.69. The property consists of one single-story building.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1957
Construction CONCRETE
Total area 654 SF
Lot 0.14 ac (6,050 SF)
Zoning code B-2
APN 49-42-34-10-0030
UPID US18-3914776

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • (Bike/Boat/Book/etc) Store
  • Gas Station

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$930k
CAP Approach CAP
by Request
Comparable Approach Comparable
$589k
Blend (final) Blend
$930k

Owner & transaction history

since 2024
Last sale
$928,000
1 recorded transaction
2024
$928,000

Zoning & alternative use

B-2 · Fort Lauderdale, FL
Zoning description

Lot Type Block Corner Flag Internal Locked Multiple Through ZONING fake-general-subgroup Zoning Districts ABA - A-1A Beachfront Area District AIP - Airport Industrial Park District B-1 - Boulevard Business B-2 - County B…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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