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511 SE 5th Ave
Fort Lauderdale, FL 33301 Rio Vista

$1,500,000 USD

Apartments Condo For Sale  •  8,664 SF

Property Details

  • Property Type Apartments
  • Total Building Size 454,000 SF
  • Lot Size 3.32 AC
  • Building Class A
  • Year Built 2005
  • Zoning RAC-CC
54 Transit Score
85 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit Rest Retail 8,664 SF $1,500,000 USD
  • Unit Size: 8,664 SF
  • Condo Use: Retail
  • Price: $1,500,000 USD
  • Sale Type: Owner User
  • Price/SF: $173.13 USD
Sale Notes
Sales price: $ 1,500,000.00 _ 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!

Description 

Sales price: $ 1,500,000.00 _ 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!

Highlights

Profitable waterfront luxury restaurant busines for sale.

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Microwave
  • Security System
  • Storage Space
  • Waterfront
  • Wheelchair Accessible
  • On-Site Retail
  • Package Service
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Refrigerator
  • Sprinkler System
  • Views
  • Conference Rooms
  • Zen Garden
  • Intercom
  • Wheelchair Accessible (Rooms)
  • Private Bathroom
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
3 min 17 min 0.9 mi
Fort Lauderdale (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 9 min - 3.3 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 14 min - 5.8 mi
Miami International 52 min - 32.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 425
Type: Surface
Included in Rent: Yes
Marcio SoUSA 954-600-0550 The Keyes Company
Marcio SoUSA 954-600-0550 The Keyes Company