Property summary
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
VerifiedCap rate & NOI
Current use
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Restaurant
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(Bike/Boat/Book/etc) Store
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Gas Station
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Fort Lauderdale, FLLot 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-2 in Fort Lauderdale, FL.
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Find the owner behind the property.
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