Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Retail space
1100 4th Ave Fort Lauderdale, FL 33304-1923
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US18-4431925
Property summary
AI-generated overview
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.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1954
Construction
CONCRETE
Total area
2,580 SF
Lot
0.14 ac (6,250 SF)
Zoning code
CB
APN
49-42-34-04-0590
UPID
US18-4431925
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Peninsula Detoxing Center Trenton Counselor
-
Chickeatah' Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$850k
CAP Approach
CAP
$705k
Comparable Approach
Comparable
$692k
Blend (final)
Blend
$870k
Owner & transaction history
Raki Marina Fort Lauderdale LLC · 4 yrs held
Raki Marina Fort Lauderdale LLC
since 2022
Last sale
$1.1M
1 recorded transaction
Zoning & alternative use
CB · Fort Lauderdale, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Fort Lauderdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fort Lauderdale submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
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
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,200,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$870k
Range $783k – $957k · ±10% · vs last sale $1.14M (Feb 20 2026)
Last sale anchor
$1.14M
Feb 20 2026
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$337 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$16,019
Tax year 2023
Assessed value
$769,390
Assessed 2023
Previous assessed
$360,440
+113.5% YoY
Effective rate
2.08%
On assessed value
Assessed land
$93,750
Assessed improvement
$675,640
Land market value
$93,750
Improvement market value
$675,640
Total market value
$769,390
Applied tax rate
312.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1954
Construction
CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
2,580 SF
Lot
0.14 ac (6,250 SF)
Zoning code
CB
APN
49-42-34-04-0590
UPID
US18-4431925
Jurisdiction
BROWARD
Metro division
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CB · Fort Lauderdale, FL
Zoning CB · permitted uses
CB · Fort Lauderdale, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fort Lauderdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$1.2M
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1954
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Raki Marina Fort Lauderdale LLC
Entity
Mailing address
3 CAPEN HL RD, SHARON, MA 02067-2701
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2022
$930,000
Raki Marina Fort Lauderdale LLC
Hunter Javis
Warranty Deed
$930,700 · Citizens Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1100 4th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
