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Commercial: MLS #A11478099 Fort Lauderdale, FL $ 599,000
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Commercial: MLS #A11478099
$ 599,000
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Commercial: MLS #A11478099

Fort Lauderdale, FL, 33304
$ 599,000
Baths0.0

Monthly Estimate*

$ 3,981

MLS #/Web ID: A11478099 - Image 1
Studio

Commercial Property for sale in Fort Lauderdale, FL

for $599,000.

Successful and profitable Chinese restaurant in South Florida for nearly 60 years and winner of the best Chinese restaurant in the region, for several consecutive years, is offered for sale. Serving delicious, authentic Chinese dishes made with the finest ingredients, comfy decor and friendly service, this restaurant does it all in a relaxed atmosphere, including dumplings, slices of caramelized roast pork, and beef lo mein. The restaurant has a full bar that is a popular draw with recurring customers; the restaurant has a 4COP SFS alcohol license that is transferable to the next owner. Great sales growth at compounded growth rate (CAGR) of nearly 15% from 2019 to 2022. Accurate financial records, ideal for owner operator or for foreign buyers requiring investment visas.

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Commercial Active

Price

$ 599,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Town/City

Fort Lauderdale

County/Region

Broward

MLS | Web ID

A11478099
Features
General
Possession ClosingFunding
Gross Income 1409855.0
Business Type Restaurant
County Broward County
Net Operating Income 335718.0
Operating Expense 1074137.0
Insurance Expense 33012.0
New Construction N
Property Type BusinessOpportunity
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Fort Lauderdale
View Y/N N
Senior Community Y/N N
Zoning Description CB
MLS Area 3270
Lot Size Units SquareFeet
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Federal Hwy
Listing Terms Cash
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Ft Ldale NE (3240-3270;3350-3380;3440-3450;3700)
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 1
Standard Status Active
Legal Description PROGRESSO 2-18 D ALL BLK 312 LOT 1 TO 16 BLK 313 LESS STATE RD & THAT POR VAC NE 6TH LYING BETWEEN LOT 33 TO 48 BLK 312 & BLK 313 & E1/2 OF
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Exterior
Spa N
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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* Excluded Features
List By
Your Home Sold Guaranteed Realty Associates

Broker

eduardo@eduardopazteam.com

Email

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$3,981
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,981
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/30/2023$599,000 Listed Price

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