4300 Federal HwyFort Lauderdale, FL 33308

Property Details for 4300 Federal Hwy

Year built

1978

Construction

CONCRETE

Lot size

1.47 AC

Property size (Sq ft)

27,554 SF

Zone code

B-1

Property type

Retail properties

Property subtype

Retail space

APN

49-42-24-08-0470

APU

494224080470

Description

This thriving Arabic restaurant in Fort Lauderdale, Florida, presents a unique investment opportunity. Located at 4300 N Federal Hwy, 33308, this well-established eatery boasts a varied menu of traditional Arabic dishes and a stylish, welcoming atmosphere. The restaurant benefits from a loyal and growing customer base, ensuring consistent revenue. The fully equipped kitchen is in excellent condition, ready for immediate operation. The current staff is trained and friendly, contributing to the positive customer experience. The property's prime location in Broward County offers significant potential for further growth. Opportunities exist to expand the business through home delivery and catering services, tapping into additional revenue streams. This turnkey operation is ideal for aspiring restaurateurs or those seeking to expand their existing portfolio. The asking price is $225,000. This is a chance to acquire a profitable, established business with significant upside potential in a vibrant market. Don't miss this exceptional opportunity to own a piece of Fort Lauderdale's culinary scene.

• CAP approach

  CAP return

  Valuation

  6%

  $12,042,088

  6.5%

  $11,115,774

  7%

  $10,321,790

• Comparable approach

  Method

  Valuation

  Relative Method

  $20,512,806

  Geo Method

  $20,512,806

• Alternative Use

  Use

  Valuation

  Residential

  $9,376,571

  Hospitality

  $8,588,889

  Educational

  $7,145,854

  Medical

  $7,391,612

  Retail

  $11,115,774

Location Insight

City

Fort Lauderdale

County

Broward

State

Florida

Latitude

26.1814

Longitude

-80.1191

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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