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    2990 W Sunrise Blvd Fort Lauderdale, FL 33311
    Property profile & analytics

    2990 W Sunrise Blvd, Fort Lauderdale, FL 33311

    View on Map

    • Bars & Pubs
    • 5,625 SF
    • 0.58 lot acres
    Sunrise Boulevard Commercial Investment Opportunity For Sale
    $3,600,000
    7,783 SF

    Sunrise Boulevard Commercial Investment Opportunity

    Commercial property with multiple income streams on Sunrise Boulevard.

    2990 W Sunrise Blvd, Fort Lauderdale, FL 33311
    View Listing
    Property ID
    US18-4484653
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Troy's Package & Lounge / Bar & Pub / Nightclub

    Property Details for 2990 W Sunrise Blvd

    Year built
    1962
    Construction
    CONCRETE
    Lot size
    0.58 lot acres
    Zone code
    B-3
    Property type
    Bars & Pubs
    APN
    50-42-05-05-0830
    APU
    504205050830

    Description

    This exceptional commercial property in Fort Lauderdale, Florida, presents a unique investment opportunity. Located at 2990 W Sunrise Blvd, zip code 33311, this mixed-use offering comprises two single-story buildings constructed in 1962, totaling six combined folios. The property boasts a prominent billboard and includes a 4COP liquor license for an established lounge and liquor store operating successfully since 1970. This well-known business benefits from a loyal customer base and enjoys a prime location with an impressive Annual Average Daily Traffic (AADT) exceeding 48,500 vehicles. The asking price is $3,900,000. The flexible zoning allows for a variety of uses, making this an ideal investment for entrepreneurs seeking a high-traffic location with established income streams and significant development potential. The property's classification includes industrial, mixed-use, and land, offering diverse possibilities for future expansion or redevelopment. This is a rare opportunity to acquire a substantial commercial property with a proven track record in a highly desirable area of Fort Lauderdale. The combination of existing business operations and the expansive land holdings makes this a truly unique and compelling investment. Serious inquiries are encouraged.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $595,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $949,000
      Market price range: $459k - $2.17M
    • Alternative Use

      Use
      Estimation
      NIGHTCLUB (COCKTAIL LOUNGE)
      $1,230,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,290,000
      Change: +5% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,200,000
      Change: -2% Conversion: Difficult
      OFFICE BUILDING
      $1,195,000
      Change: -3% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Fort Lauderdale
    County
    Broward
    State
    Florida
    Longitude
    -80.1853
    Latitude
    26.1358
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,501
    $200,200
    $701,610
    $901,810
    -
    $200,200
    $701,610
    $901,810
    View Listing
    More about this property
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