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702-706 NE 1st Ave
Fort Lauderdale, FL 33304 Flagler Heights

$3,500,000 USD

Restaurant For Sale • 8,864 SF

Property Details

Property Type Restaurant
Total Building Size 8,864 SF
Lot Size 0.26 AC
Building Class C
Year Built 1965
Cap Rate 9.42 %
Tenancy Multiple
Zoning RAC-UV

52 Transit Score

95 Walk Score

                
                    Highlights
                
                                Prime Location in Flagler Village • Situated in one of Fort Lauderdale’s fastest growing neighborhoods  •  Just ¼ mile from FAT Village
                            
                                Full Built-Out Restaurant Space • Turnkey condition w/ complete restaurant buildout in place • Ideal for immediate occupancy by owner-user or investor
                            
                                High Barrier-to-Entry Market • Limited retail acquisition opportunities in Fort Lauderdale’s urban core • Strong potential for long-term rent growth 
                            
                                Strong Demographics & Foot Traffic • Over 150,000 residents within a 3-mile radius • Average household income exceeds $109,000
                            
                                Excellent Accessibility & Exposure • Convenient access to I-95 and N Andrews Avenue (20,900 VPD) • Walking distance to residential, retail and offices

Property Flyers

Flagler Village OM_11-20_compressed 2

Cap Rate:

9.42 %

Amenities

Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Fort Lauderdale (Mainline - Brightline)	2 min	14 min	0.7 mi
Fort Lauderdale (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	8 min	-	3.2 mi
Airport	Drive	Walk	Distance
Fort Lauderdale/Hollywood International	16 min	-	6.7 mi
Miami International	52 min	-	34.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	21
Type:	Surface
Included in Rent:	Yes

Dylan Morse 954-820-7455 Franklin Street

702-706 NE 1st Ave Fort Lauderdale, FL 33304 Flagler Heights