511 SE 5th Ave (Restaurant), Fort Lauderdale FL 33301 | Broward County | A11802055
- $900,000
- $900,000
Description
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!
Property Overview
This is a -bedroom, -bath home of about square feet at 511 SE 5th Ave (Restaurant), Fort Lauderdale FL 33301 (Fort Lauderdale 33301), listed at $900,000.
Monthly Costs, Stated Plainly
This home has no mandatory HOA (single-family / no association on record).
The tax of record is $15,353 (recent). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Broward rate near 2.1%: without homestead, about $18,900/yr (≈ $1,575/mo); with the homestead exemption on a primary residence, about $17,850/yr (≈ $1,488/mo). Confirm with the Broward Property Appraiser and a tax professional — these are estimates, not quotes.
Frequently Asked Questions
What is the list price, and what typically conveys with a home like this?
The list price for 511 SE 5th Ave is $900,000. While the MLS does not specify furnished status, fixtures and built-in appliances generally convey with the home—confirm specifics during due diligence. Community or on-site amenities, if any, should be verified separately, as they are distinct from what is included with the property itself. For precise details, contact Christopher Lazaro, Fort Lauderdale Real Estate Realtor, to review the current offering.
Where exactly is it, and what should I know about the location?
511 SE 5th Avenue is situated in Fort Lauderdale’s 33301 zip code, a prime coastal corridor just blocks from the Intracoastal Waterway and minutes from downtown’s vibrant dining and retail scene. The property’s central location offers easy access to major thoroughfares like US-1 and Las Olas Boulevard, blending convenience with proximity to waterfront attractions.
For a detailed walkthrough of the area’s commercial potential or to schedule an in-person tour, contact Christopher Lazaro, Fort Lauderdale Real Estate Realtor, to discuss this $900,000 opportunity with a local expert.
What are the HOA / association fees, and what do they cover?
511 SE 5th Ave has no mandatory HOA—this is a single-family home with no association on record, so the owner handles all utilities, landscaping, and upkeep independently. While there are no HOA fees, the property remains subject to Fort Lauderdale’s city ordinances for compliance. For full clarity on local regulations or ownership responsibilities, contact Christopher Lazaro, Fort Lauderdale Real Estate Realtor, to discuss this $900,000 opportunity.
What are the property taxes and homestead implications?
The recorded property tax for 511 SE 5th Ave is $15,353 (recent). As an estimate only—Florida reassesses upon sale—at the $900,000 list price and Broward’s approximate 2.1% rate: without homestead, expect around $18,900/yr (≈ $1,575/mo); with Florida’s homestead exemption, which reduces taxable value for primary residences only, the estimate drops to roughly $17,850/yr (≈ $1,488/mo). These are projections, not guarantees—always confirm with the Broward Property Appraiser and a tax specialist. For precise figures tailored to your situation, contact Christopher Lazaro, Fort Lauderdale Real Estate Realtor, to review the details.
Is the home in a flood zone, and what does that mean?
Flood zones indicate a property's risk level for flooding, with FEMA classifying areas as high-risk (like Zone A or V) or moderate/low-risk (Zone B, C, or X). You can review FEMA's flood zone definitions or View the FEMA flood map for this address to assess specifics. Lenders often mandate flood insurance in high-risk zones, impacting ownership costs. For precise guidance on 511 SE 5th Ave’s flood status and insurance implications, connect with Christopher Lazaro, Fort Lauderdale Real Estate Realtor—he’ll clarify protections for your investment.
Are pets allowed?
Since 511 SE 5th Ave is a single-family home, there’s no condo or HOA board imposing pet restrictions—ownership or leasing terms (if applicable) and local ordinances determine the policy. Documented service animals and emotional support animals are protected under federal law. To confirm current guidelines or discuss this property further, contact Christopher Lazaro, Fort Lauderdale Real Estate Realtor, for personalized clarity.
How is the price set and is there room to negotiate?
The $900,000 list price for 511 SE 5th Ave reflects a tailored CMA analysis of Fort Lauderdale’s restaurant property market, but Broward’s broader single-family home trend—closing at 96% of list price in about 35 days (MIAMI REALTORS®, May 2026)—offers context. While commercial assets like this often follow different dynamics, I’ll provide a fresh Fort Lauderdale-specific CMA to pinpoint realistic negotiability before you proceed. For precise guidance, call Christopher Lazaro, Fort Lauderdale Real Estate Realtor, to verify the latest comps and strategy.
What financing step do you recommend before touring?
Before touring 511 SE 5th Ave, I strongly recommend securing a pre-approval from a Florida-licensed mortgage originator. This clarifies your budget and strengthens your position in competitive markets like Fort Lauderdale’s $900,000 commercial listings. For personalized guidance or to verify financing options, reach out directly to Christopher Lazaro, Fort Lauderdale Real Estate Realtor — his expertise ensures you’re prepared to act decisively.
Have a question about this Fort Lauderdale listing?
Talk directly with Christopher Lazaro, your Fort Lauderdale real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
Address: 5th Ave (Restaurant)
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City: Fort Lauderdale
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Zip/Postal Code: 33301
Details
Updated on July 5, 2026 at 6:41 am-
Property ID A11802055
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Price $900,000
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Year Built 2024
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Property Status Active, Business Opportunity
Additional details
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Flooring Carpet, Concrete, Tile
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Building NURIVER
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Annual Tax 15353
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Association No
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Private Pool No
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Waterfront No
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Parking Assigned, Valet
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Structure Type Commercial Condo, Commercial, Office/Retail
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Year Built Details New Construction
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Inclusions Business Only
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Flood Zone AH,X
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New Construction Yes
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Lot Size (Sq Ft) 0
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