Property 511 SE 5th Ave (Restaurant) Fort Lauderdale for sale with MLS# A11802055

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!

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Days on the market

511 SE 5th Ave (Restaurant), Fort Lauderdale, FL 33301

Price
Price:
$900,000.00
Previous Asking Price:
$1,350,000.00
Original List Price:
$2,500,000.00
Business Info
Financial Data Source:
Owner
Year Established:
3
Years Current Owner:
3
Number Of Full Time Employees:
11
Special Licenses:
State, Liquor, Other
Property Status and Type
Listing Type:
For Sale
Status:
Active
Business Type:
Restaurant
Listing Category:
Business Opportunity
MLS Number:
A11802055
Description of Last Important Update:
Price Change
Last Major Update on:
April 21, 2026 9:56 am
Measures
Lot Size Unit:
Square Feet
Property Features
Waterfront:
No
Construction
Year Built:
2024
Year Built Details:
New Construction
Flooring:
Carpet, Tile, Concrete
Taxes and Expenses
Tax Annual Amount:
$15,353.00
Insurance Expense:
$6,000.00
Parking
Parking Total Spaces:
8
Covered Spaces:
0
Parking Features:
Assigned, Valet
Utilities
Electric:
100 Amp Service
Community
Building Name:
NURIVER
Senior Community:
No
Terms
Documents Available:
Aerial
Disclosures:
Owner Is Listing Agent
Buyer Possession:
Closing And Funding
Lease Considered:
No
Zoning and Legal
Tax Legal Description:
NURIVER LANDING COMM CONDO UNIT 101
Real Estate Folio Number (Parcel Number):
504210BF0010
Zoning Description:
commercial
Listing History
Originally published on:
May 27, 2025 9:39 am
Active on the market since:
May 13, 2025
Price change occurred on:
April 21, 2026 9:56 am
Listing Status Last Changed On:
May 27, 2025 9:39 am
Photos updated on:
August 2, 2025 2:05 am
Last Modified:
April 21, 2026 1:57 pm
Additional Information
Property Description:
Restaurant, retail.
Flood Zone:
AH, X
Courtesy of:
The Keyes Company
Attribution:
Not provided
Location
Street Name:
5th Ave (Restaurant)
Street Number:
511
City:
Fort Lauderdale
State:
Florida
Zip Code:
33301
County:
Broward
Latitude:
N26° 6' 59''
Longitude:
W81° 51' 40.4''
Street Direction Prefix:
SE
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $115,421
Median Home Value $751,600
Median Rent $2,341/mo
Median Age 39
Population 17,831

Air Quality

Source: AirNow.gov · Broward County

🌬️ Air Quality Index (AQI) 49 Good
☀️ O3 49 Good
🫁 PM2.5 36 Good
💨 PM10 16 Good

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.