Media Realty is proud to present a unique opportunity to acquire a trophy property on Fort Lauderdale Beach positioned near the corner of Sunrise Blvd and A1A.
Fort Lauderdale Beach is one of the most vibrant, luxurious, and sought-after coastal destinations in the United States. Known for its stunning waterfront, world-class dining, and lively cultural scene, the area attracts tourists, investors, and new residents seeking an unparalleled coastal lifestyle.
The property consists of two stories in shell condition and a rooftop area created for a patio/bar providing unimpeded views of the Atlantic Ocean. The property aesthetic is a New Orleans Bourbon Street vibe complete with a second-floor balcony. The 1st floor has accordion French doors allowing access to the interior. New stairwells are being installed. The property lends itself to a variety of uses including office, retail, restaurant, nightclub/bar or a combination thereof. In fact, the property is grandfathered in for Bar/Restaurant use for all three floors. Access to shared paid parking lot across the street
Restaurant sales in Fort Lauderdale Beach remain strong, driven by a robust tourism sector and increasing local demand. The market has benefited from rising population growth, a strong labor market, and increasing foot traffic from visitors. Retail vacancy rates in Fort Lauderdale are near historic lows (around 3.8%), showing a tight market that supports restaurant and retail expansion.
Transaction activity for restaurant spaces has been steady, with a preference for smaller, single-tenant buildings under 6,000 square feet.