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Property profile & analytics
OFF-MARKET Estimated value $910,000
Turn key restaurants

15500 29th St Miramar, FL 33027-5250

14,253 SF 2.74 ac lot Built 2011
Entity Owned Absentee Owner Free & Clear
Property ID
US18-6037062
Property summary
AI-generated overview

This exceptional 17,500 square foot, single-tenant restaurant space, located at 15500 SW 29th St in Miramar, Florida, presents a rare opportunity. Built in 2011, this one-story building sits on a 2.74-acre lot and boasts a prime location adjacent to the Fountains of Miramar/Lakeside Shoppes, offering unparalleled visibility from the heavily trafficked I-75. The property features a fully equipped sports bar with numerous TVs, a game room, an outdoor lakefront lounge complete with a fire pit, and both indoor and outdoor private event spaces capable of accommodating over 300 guests. Additional amenities include a covered entry area of approximately 462 square feet and a 245 square foot beer keg cooler. The property includes 167 surface parking spaces with shared use. This turn-key operation comes with all furniture, fixtures, and equipment (FF&E) and possesses a 4COP/SFS license. The B-2, Community Business District zoning allows for flexibility. Strong retail co-tenancies surround the property, including national brands such as Home Depot, Ross, HomeGoods, Marshalls, Pet Supermarket, Chick-fil-A, Chipotle, Panera, Benihana, and Texas Roadhouse. This second-generation restaurant space offers significant advantages, including established infrastructure and a proven track record. The property is available for purchase. The Broward County location, near the Dade County line, places it in a highly desirable South Florida submarket.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2011
Construction CONCRETE
Total area 14,253 SF
Lot 2.74 ac (119,519 SF)
Zoning code B2
APN 51-40-28-11-0032
UPID US18-6037062
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$585k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.23M
Blend (final) Blend
$910k
Owner & transaction history
Playa Happy LLC
Playa Happy LLC
since 2026
1 recorded transaction
2026
$4.7M
Zoning & alternative use
B2 · Miramar, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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