511 5th Ave (Restaurant) , for Sale & Lease

511 5th Ave (Restaurant) for Sale & Lease

Price $1,490,000.00

• Lot size 0
• Year Build 2023
• Waterfront
• Zip 33301
• Style
• Parking Description Assigned, Valet
• Pool Yes
• Status Active

Description

Well-established and highly rated Mediterranean restaurant located in a prime high-traffic area, offering a turn-key operation with a loyal customer base, strong online presence, fully equipped kitchen, stylish indoor and outdoor dining areas, and excellent growth potential?ideal for an owner-operator or investor seeking a profitable opportunity in the heart of Florida?s vibrant dining scene. The beautifully remodeled space features seating for 240 guests, plenty of on-site parking, and a favorable lease in place through 2026 with two additional 5-year renewal options?providing long-term stability for continued success. Great opportunity!

NURIVER LANDING COMM CONDO UNIT 101

Well-established and highly rated Mediterranean restaurant located in a prime high-traffic area, offering a turn-key operation with a loyal customer base, strong online presence, fully equipped kitchen, stylish indoor and outdoor dining areas, and excellent growth potential?ideal for an owner-operator or investor seeking a profitable opportunity in the heart of Florida?s vibrant dining scene. The beautifully remodeled space features seating for 240 guests, plenty of on-site parking, and a favorable lease in place through 2026 with two additional 5-year renewal options?providing long-term stability for continued success. Great opportunity!

City:Fort Lauderdale,Zoning:commercial,List A O R:A-Miami Association of REALTORS,Electric:1:101-200 Amps,Flooring:1:Concrete,2:Tile,Latitude:26.116275,List Price:1490000,Listing Id:A11802055,Longitude:-80.1395001,Mls Status:Active,Year Built:2023,Directions:FROM SOUTH: TAKE I-95 EXIT 26 FOR FL-736/DAVIE BLVD. TURN RIGHT ONTO FL-736 E/DAVIE BLVD. TURN LEFT ONTO SE 3RD AVE. TURN RIGHT ONTO SE 6TH ST. TAKE THE 1ST LEFT ONTO SE 5TH AVE. DESTINATION WILL BE ON THE LEFT.,Inclusions:Business Only,Postal Code:33301,Street Name:5th Ave (Restaurant),Coordinates:1:26.116275,Photos Count:73,Building Name:NURIVER,Business Type:1:Restaurant,Days On Market:141,Lot Size Units:Square Feet,M I A M I R E_ Area:3800,On Market Date:2025-05-13,Parcel Number:504210BF0010,Parking Total:8,Property Type:Business Opportunity,Street Number:511,Public Remarks:Well-established and highly rated Mediterranean restaurant located in a prime high-traffic area, offering a turn-key operation with a loyal customer base, strong online presence, fully equipped kitchen, stylish indoor and outdoor dining areas, and excellent growth potential?ideal for an owner-operator or investor seeking a profitable opportunity in the heart of Florida?s vibrant dining scene. The beautifully remodeled space features seating for 240 guests, plenty of on-site parking, and a favorable lease in place through 2026 with two additional 5-year renewal options?providing long-term stability for continued success. Great opportunity!,Structure Type:1:Commercial,2:Office/Retail,County Or Parish:Broward County,Expiration Date:2026-05-10,List Office Name:The Keyes Company,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Decrease,Parking Features:1:Valet,Postal Code Plus4:2986,Special Licenses:1:Other,2:State License,State Or Province:FL,Street Dir Prefix:SE,Tax Annual Amount:15353,Unparsed Address:511 SE 5th Ave (Restaurant), Fort Lauderdale FL 33301,Year Established:3,Insurance Expense:6000,Listing Agreement:Exclusive Right To Sell,Year Built Details:New Construction,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:AH,X,Original List Price:2500000,Previous List Price:1500000,Public Survey Range:50,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks:Well-established and highly rated Mediterranean restaurant located in a prime high-traffic area, offering a turn-key operation with a loyal customer base, strong online presence, fully equipped kitchen, stylish indoor and outdoor dining areas, and excellent growth potential?ideal for an owner-operator or investor seeking a profitable opportunity in the heart of Florida?s vibrant dining scene. The beautifully remodeled space features seating for 240 guests, plenty of on-site parking, and a favorable lease in place through 2026 with two additional 5-year renewal options?providing long-term stability for continued success. Great opportunity!,Listing Contract Date:2025-05-13,Originating System I D:miamire,Public Survey Section:10,Showing Instructions:Call Listing Agent,Street Number Numeric:511,Tax Legal Description:NURIVER LANDING COMM CONDO UNIT 101,Electric On Property Y N:1,M I A M I R E_ A C Percentage:2,M I A M I R E_ Current Price:1490000,M I A M I R E_ Owner Agent Y N:1,M I A M I R E_ Sq Ft Occupied:8600,Public Survey Township:50,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Geographic Area:Ft Ldale SE (3280;3600;3800),M I A M I R E_ Internet Remarks:Well-established & highly rated Mediterranean restaurant located in a prime high-traffic area, offering a turn-key operation with loyal customer base,M I A M I R E_ Parcel Number M L X:0010,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$26.116108$-80.13921900000003$88.83$13.33$1.00$wdsoIjbPOhemY668lflroQ,Contract Status Change Date:2025-05-13,Internet Address Display Y N:1,M I A M I R E_ Column Description:Span 10-15',M I A M I R E_ Ok To Advertise List:No,Number Of Full Time Employees:11,M I A M I R E_ Building Name Number:NURIVER,M I A M I R E_ Environmental Audit:None,M I A M I R E_ Agent Alternate Phone:954-600-0550,M I A M I R E_ Property Description:Restaurant, retail.,M I A M I R E_ Improvement Height C O M:2 Stories,M I A M I R E_ Inc Exp Statement Period:2024,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:511 SE 5th Ave (Restaurant),