1100 4th Ave, Fort Lauderdale, FL 33304-1923
- Retail space
- 2,580 SF
- 0.14 lot acres
Current Use by Public Records
- Peninsula Detoxing Center Trenton / Counselor
- Chickeatah' / Restaurant
Property Details for 1100 4th Ave
- Year built
- 1954
- Construction
- CONCRETE
- Lot size
- 0.14 lot acres
- Zone code
- CB
- Property type
- Retail space
- APN
- 49-42-34-04-0590
- APU
- 494234040590
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 10, 2022 | $930,000 | Raki Marina Fort Lauderdale LLC | Hunter Javis | Warranty Deed | $931k · Citizens Bank |
Description
This exceptional investment opportunity presents a thriving Mediterranean and Turkish restaurant for sale in Fort Lauderdale's vibrant Flagler Village neighborhood. Located on a prominent hard corner at 1100 NE 4th Ave, this 2,580 square foot, single-story building boasts high visibility from Sunrise Boulevard. Built in 1954, the property (APN 494234040590) has undergone recent renovations, including fresh paint and new windows, enhancing its modern appeal. Currently operating at 100% occupancy, the restaurant offers a casual dining experience and catering services, featuring a menu of handmade pizzas, crispy chicken wings, chicken gyros, and homemade baklavas. Its prime location, just blocks from Downtown Fort Lauderdale, within a rapidly developing area similar to Wynwood, ensures a large and consistent customer base. This turnkey operation presents a unique chance to acquire a successful, established restaurant with significant growth potential. The sale includes the business and the building. This is a rare opportunity to own a family-owned restaurant in a high-demand location. Don't miss out on this chance to turn culinary dreams into substantial profits.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $690,000
- ML approach
- $850,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $765,000
- 6.5%
- $705,000
- 7%
- $655,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $691,000
Market price range: $167k - $1.06M -
Alternative Use
- Use
- Estimation
- MEDICAL BUILDING
- $1,200,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fort Lauderdale
- County
- Broward
- State
- Florida
- Longitude
- -80.1402
- Latitude
- 26.1389
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
