2990 W Sunrise Blvd, Fort Lauderdale, FL 33311 — MLS photo

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2990 W Sunrise Blvd, Fort Lauderdale, FL 33311

Active · Business

$2,900,000

2990 W Sunrise Blvd, Fort Lauderdale, FL 33311

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1968
Lot size
51,109 sq ft
HOA fee
—
Annual tax
$21,256

About this property

Excellent commercial investment opportunity in Broward County just steps from the Sunrise Swap Shop. The sale includes six folios with a combined land area of approximately over 51,000 square feet. The property currently features two commercial structures: a 5,625 sq. ft. liquor store/lounge and a 2,205 sq. ft. restaurant, as well as a revenue-producing billboard. Located directly on Sunrise Boulevard, the site benefits from strong visibility and exposure with an estimated Annual Average Daily Traffic of 52,000 vehicles. The liquor store/lounge has been a long-standing business in the area since 1970 and continues to serve a loyal customer base. With multiple income sources and a highly trafficked location along a major commercial corridor, this property offers significant potential for investors or operators. See attachment on MLS. Please contact the listing agent for further information.

Property location

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2990 W Sunrise Blvd, Fort Lauderdale, FL 33311

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Facts & features

Interior

Bathrooms
0
Flooring
Other
Cooling
Central Air
Heating
Other

Exterior & Structure

Property type
Business
Year built
1968
Lot size
51,109 sq ft
Roof
Tar Gravel
Construction
Block

Parking

Covered spaces
0
Parking features
Accessible Parking, Free Parking

HOA, Community & Financials

Association fee
$0
Security
Fenced, Other
Annual tax
$21,256
County
Broward
Days on market
145
MLS listing ID
A11971348
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$2,855

Cap rate
4.5%
Net yield
4.5%
Cash-on-cash return
-4.2%
Gross yield
6.6%
Mortgage payment
$13,747/mo
Down payment
$725,000
Loan amount
$2,175,000
Annual NOI
$130,704

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.