Fort Lauderdale, FL 33305 1611 N Federal Hwy
$250,000
23 more
Presented By: This listing is courtesy of MQ Realty Group;
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
SQFT • 1,850
Home Details
Discover an incredible opportunity to own a thriving and well-established Cuban restaurant nestled in the heart of Fort Lauderdale. This culinary gem has been serving the community since 2005, delighting patrons with the rich flavors and vibrant culture of Cuba. The restaurant has untapped growth potential, with opportunities to expand catering services, explore partnerships, and enhance marketing efforts. The owners are now offering this successful venture for sale, presenting an ideal chance for a passionate entrepreneur to step into a turnkey operation and continue its legacy of excellence.
portion of the sale could be financed.
Presented By: This listing is courtesy of MQ Realty Group;
Interior Features for 1611 N Federal Hwy
Bathrooms
Total Baths
Other Interior Features
SeatingCapacity100
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringCeramicTile
Heating Y/NNo
General for 1611 N Federal Hwy
Additional Parcels Y/NNo
Attached Garage No
Building NameCubano's
Business Name1611 N Federal Highway
Business TypeBarTavernLounge, Restaurant
Carport Y/NNo
CityFort Lauderdale
Construction MaterialsBlock, Stucco
CoolingCentralAir, ExhaustFan
CountyBroward
Days on Market209
DirectionsFrom I95N take exit 29A to SR 838 Sunrise Blvd. Keep left onto N Federal Highway. Make a U-turn on NE 19th Street. The restaurant will be on the right.
ElectricAmps200OrMore, Volts220
Electric On Property Y/NNo
Garage Y/NNo
Gross Income780000.0
HeatingCentral, ExhaustFan
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense7000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLAUDER-GATE 26-48 B LOT 8 LESS THE W 55 OF S 11.6 BLK 6
Lot Size UnitsSquareFeet
MLS Area3380
MLS Area MinorFt Ldale NE (3240-3270;3350-3380;3440-3450;3700)
MobileHomeRemainsYNNo
Net Operating Income272000.0
New ConstructionNo
Occupancy TypeOwner
Operating Expense115000.0
Percent OwnershipCorporation
PossessionClosingAndFunding, CloseOfEscrow
PostalCityFort Lauderdale
Private PoolNo
Property TypeBusinessOpportunity
Rent Control Y/NNo
RoofOther
Security FeaturesSecuritySystem, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Tax Annual Amount23121.0
Tax Year2022
TermsCash
View Y/NNo
Virtual TourClick here
Waterfront Y/NNo
Year Built1980
Year Built DetailsResale
Zoning DescriptionB-1
Exterior for 1611 N Federal Hwy
Building Area Total1850.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions75
Number of Separate Electric Meters1
Open Parking Y/NNo
Parking FeaturesCommon, FreeParking, Guest
Road Frontage TypeCountyRoad, CityStreet, Highway
SpaNo
Total Parking30.0
Water SourcePublic
Additional Details
Price History
