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500 N Andrews Ave
Fort Lauderdale, FL 33301 Flagler Heights

$9,280 USD/MO

Apartments For Lease  •  2,912 SF

Property Details

  • Property Type Apartments
  • Year Built 2020
  • Total Building Size 723,486 SF
  • Building Class A
  • Zoning RAC-UV
50 Transit Score
80 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste 106 Retail 2,912 SF $38.24 USD/SF/YR
An exceptional opportunity to assume a well-below market rent turnkey food & beverage lease in the heart of Flagler Village, one of Fort Lauderdale’s most dynamic and high-traffic urban corridors. The space is fully built out, licensed for full-service restaurant and bar use, and ready for immediate occupancy, ideal for an operator looking to launch quickly with minimal capital outlay.
 
The existing tenant will deliver the premises in pristine condition, allowing the incoming operator to step into a proven, high-quality space without construction delays with all FF&E remaining on Premises in exchange for $250,000 in Key Money.

  • Date available: 30 Days
  • Lease term: 12 Years
  • Service type: Triple Net
  • Built out as: Restaurants And Cafes
  • Space Type: Relet

Description

An exceptional opportunity to lease a turnkey, second-generation restaurant space with well-below market rent in the heart of Flagler Village—one of Fort Lauderdale’s most dynamic and rapidly evolving urban districts. This fully built-out space is licensed for full-service restaurant and bar use and is ideally suited for an operator looking to launch quickly with minimal upfront capital and no construction delays.

The existing tenant will deliver the premises in pristine, move-in ready condition, with all furniture, fixtures, and equipment remaining in place. This allows an incoming operator to seamlessly step into a proven, high-quality environment, accelerating time to revenue. The opportunity is offered with $250,000 in key money for the FF&E.

Situated within a 385-unit luxury apartment community with ground-floor retail, the space benefits from a built-in customer base and consistent foot traffic. The property is strategically located at the gateway to Flagler Village, directly across from the vibrant F.A.T. Village arts district and just three blocks from the Brightline station, providing seamless connectivity to Miami and West Palm Beach.

Join a strong and growing tenant mix including Salon Lofts, Mitch’s Bagels, BFT Fitness, Dog Drop, Go Grocer, and more, all contributing to the neighborhood’s energy and daily traffic.

This is a rare opportunity to secure a plug-and-play restaurant in a premier location with favorable lease economics—ideal for both established operators and emerging concepts looking to establish a presence in one of South Florida’s most sought-after submarkets.

This is a lease assignment. Tenant originally signed a 15-year lease plus three (3) additional 5-year options. Initial lease term expires in February 2038.

Tenant is still in business. Please do not disturb tenant or their employees. View Matterport Walkthrough: https://my.matterport.com/show/?m=sK9kUPMjuBG&

Highlights

Ground Floor Corner Unit of a 385-Unit Mixed-Use Building
Turnkey, Second Generation Restaurant Space
All FF&E Included for $250,000 in Key Money
Massive Indoor / Outdoor Bar
Directly Across from FAT Village Development

Property Flyers

Amenities

  • Clubhouse
  • Courtyard
  • Dishwasher
  • Disposal
  • Fitness Center
  • Microwave
  • Pool
  • Breakfast/Coffee Concierge
  • On-Site Retail
  • Tile Floors
  • Double Vanities
  • Kitchen
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Conference Rooms
  • Lounge
  • Framed Mirrors
  • Island Kitchen

Public Transportation

Commuter RailDriveWalkDistance
Fort Lauderdale (Mainline - Brightline) 1 min 9 min 0.5 mi
Fort Lauderdale (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 7 min - 2.9 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 15 min - 6.4 mi
Miami International 52 min - 33.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Covered
Included in Rent: Yes
Kaley Tuning 954-871-8927 Native Realty Co.
Kaley Tuning 954-871-8927 Native Realty Co.