






























$900,000
511 SE 5th Avenue (Restaurant)
Fort Lauderdale, FL 33301
Explore the area: Fort Lauderdale homes for sale · Broward County real estate
Price Check
How this price compares
- List price
- $900,000
- Price per sq ft
- N/A
- Original price
- $2,500,000
- Days on market
- 374
This commercial property in ZIP 33301 is listed at $900,000. The asking price has come down 64% from its original $2,500,000. It has been on the market for 374 days.
Estimated monthly payment
$4,730 /mo
Principal and interest only, based on $180,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $900,000
- Days on Site
- 374 Days
- Bedrooms
- 0
- Total Baths
- 0
- Year Built
- 2024
- Property Type
- Commercial
- MLS #
- A11802055
- Property Tax
- $15,353
- County
- Broward
- Status
- Active
About This Property
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!
Virtual TourGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 2024
- Property Condition
- New Construction
- New Construction
- Yes
- Parking
- Assigned / Valet
- Structure Type
- Office / Retail
- Zoning
- commercial
Interior Features
- Flooring
- Carpet / Concrete / Tile
Community & HOA
- MLS Area
- 3800
About the Area
Browse Fort Lauderdale homes for sale across every neighborhood and price point in Broward. Available homes span single-family, townhome, and condo segments throughout the city. Fort Lauderdale includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Broward, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Broward market data, see Florida Realtors' monthly statistics. Browse the latest Fort Lauderdale listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 2,797
- Median List Price
- $693,941
- Median $/Sq Ft
- $467
- Avg Days on Market
- 145
Frequently Asked Questions
- How do I schedule a tour of 511 SE 5th Avenue (Restaurant), Fort Lauderdale, FL 33301?
- Use the Tour button on this listing to request a showing of 511 SE 5th Avenue (Restaurant), Fort Lauderdale, FL 33301. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 511 SE 5th Avenue (Restaurant), Fort Lauderdale, FL 33301 still available?
- 511 SE 5th Avenue (Restaurant), Fort Lauderdale, FL 33301 is currently listed as Active, and has been on the market 374 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 511 SE 5th Avenue (Restaurant), Fort Lauderdale, FL 33301?
- With 20% down ($180,000) on the $900,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 511 SE 5th Avenue (Restaurant), Fort Lauderdale, FL 33301 is about $4,730/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 511 SE 5th Avenue (Restaurant), Fort Lauderdale, FL 33301?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 511 SE 5th Avenue (Restaurant), Fort Lauderdale, FL 33301. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 511 SE 5th Avenue (Restaurant), Fort Lauderdale, FL 33301?
- Often, yes. The right offer on 511 SE 5th Avenue (Restaurant), Fort Lauderdale, FL 33301 depends on how it's priced against comparable commercial sales in Fort Lauderdale, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of The Keyes Company
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$900,000
Interested in This Property?
Contact us to schedule a showing or ask a question.
Own a home near this one? See what it would sell for today
Listed by Marcio Sousa, The Keyes Company
Map & Location
Featured Communities
Cities in Broward County
Zip Codes in Broward County
Property Types
Recent Sales
Recently sold homes in ZIP 33301
These are the last 6 recorded closings in ZIP 33301, with the price each home actually sold for rather than what it was listed at. They closed at a median of $425 per square foot. The most recent closed on October 7, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$320,000
Sold · October 7, 2026
40 Isle Of Venice Drive 3
1 bed · 1 bath · 560 sqft · $571/sqft
$20,000 under the asking price
Sold$840,000
Sold · October 5, 2026
347 N New River Drive 1603
2 bed · 2 bath · 1,204 sqft · $698/sqft
$29,000 under the asking price
Sold$615,000
Sold · October 2, 2026
319 Coconut Isle Drive
4 bed · 4.5 bath · 3,886 sqft · $158/sqft
$64,000 under the asking price
Sold$450,000
Sold · October 1, 2026
315 NE 3rd Avenue 2108
2 bed · 2 bath · 1,151 sqft · $391/sqft
$49,000 under the asking price
Sold$300,000
Sold · October 1, 2026
520 SE 5TH Avenue 2202
2 bed · 2 bath · 1,148 sqft · $261/sqft
$19,000 under the asking price
Sold$670,000
Sold · October 1, 2026
506 NE 7TH Avenue #1
3 bed · 3.5 bath · 1,578 sqft · $425/sqft
$5,000 under the asking price
See every recorded sale in ZIP 33301 or find out what your ZIP 33301 home is worth.





