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Property summary
This exceptional restaurant and lounge, located at 650 Riverside Dr, Coral Springs, FL 33071, in Broward County, presents a lucrative investment opportunity. Priced at $599,000 with $349,000 seller financing available, this established business boasts a newly renovated (2022) state-of-the-art commercial kitchen and a separate catering kitchen, allowing for simultaneous in-house dining and off-site catering services. The spacious venue comfortably seats over 200 guests, making it ideal for… corporate events, private parties, and celebrations. Its prime location benefits from the addition of 600 new luxury condos in the same plaza, promising significant organic growth and attracting high-net-worth clientele. The restaurant offers a unique Latin-inspired culinary experience, complemented by a lively lounge and nightclub featuring music, dancing, and a specialty cocktail bar. Nightly specials and a weekly car show further enhance customer traffic. The property includes a 4COP SRX full-liquor license. Recent upgrades include all new air conditioning units (2022), updated landscaping, and enhanced exterior lighting, reflecting the high-end nature of the establishment. All kitchen equipment was also replaced in 2022. This turnkey operation is perfect for an absentee owner seeking a thriving South Florida business.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 52,759 SF
- Lot area
- 10.64 ac
- Year built
- 1985
- Stories
- 1
- APN
- 48-41-27-03-6250
- Zoning
- B-3
- Assessed value · 2023
- $15,549,870
- Annual tax · 2023
- $355,814
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The General Business (B-3) District is intended to apply primarily to provide locations for planned commercial centers, sharing a common identity, parking and other support facilities developed according to an overall de…
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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