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1571 S Federal Highway, Fort Lauderdale, FL 33316 (MLS# F10130917)

1571 S Federal Highway, Fort Lauderdale, FL 33316

$110,000
Property Type: Business Opportunity Status: Closed
Current Price: $110,000 List Date: 7/09/2018 Last Modified: 5/22/2026

Overview

Description

HUGE PRICE REDUCTION!!!! Great opportunity to own a Italian Restaurant with amazing location, 8 years in working conditions and with a capacity for 50 people. This business has a great income, the sale include: 5 commercial refrigerators, 1 huge oven, a commercial kitchen, all computerized system, 2 A/C with 2 years old & all furnitures. The lease expire on 2023, with a monthly payment of $ 5000. Must see it before is gone.

Listing Details MLS# F10130917

General Property Information

Occupant Type
Call Listing Agent
Occupied Area
1380
Year Built
2003
Parking Total
2

Property Features

Building Features: Kitchen Facilities; Public Restroom(s); Rear Access; Restaurant; Wired for Computers Business Type: Commercial; Food & Beverage Documents Available: Books & Records; Contracts; Copy Of Lease(s); Equipment Inventory; Inventory; Tax Return Electric: 101-200 Amp Service; 220 Volts Flooring: Tile Heating: Central Individual Location of Property: City Location; Shopping Center Parking Features: Assigned; Common Possession: Negotiable; Other Property Condition: Resale Sale Includes: Business; Furniture; Machinery Special Information: Presently Leased Special Licenses: City License; Occupational Source Of Expenses: Books; Tax Return Construction Materials: CBS Cooling: Central Individual Listing Terms: Cash; Conventional; Lease Back Road Description: Two Lane Road Frontage Type: City Street Security Features: Fire Alarm; Smoke Detector(s) Utilities: Sewer Available Water Source: Public Showing Requirements: 24 Hour Notice; Showing Service Contingencies: Inspection

Contract Information

Comp Sale YN
No
Original List Price
175000

Location and Legal

Country
United States
County Or Parish
Broward
County Parish Name
Broward
Street Number
1571
Street Direction Prefix
S
Street Name
Federal
Street Suffix
Highway
City Name
Fort Lauderdale
State Or Province
FL
Postal Code
33316
Postal Code +4
2686
Area
3280
Geographic Area
FTSE - Ft Lauderdale SE (3280-3282;3600;3800)
Zoning
Com
Directions
Map quest.
Property Description
Italian Restaurant

Status Change Information

Major Change Timestamp
2018-10-18T23:52:33Z
Major Change Type
Status Change
Price Change Timestamp
2018-07-24T18:20:22Z
Status Change Date
2018-10-31
Under Contract Date
2018-09-18
Close Date
2018-10-18
Close Price
110000
Buyer Financing
Cash

Business Details

Year Established
6

More Information

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Gross Sales
425000
Inc/Exp Statement Period
No

Price Calculations

Current Price To SqFt
79.71
Original List Price To Close Price
0.62

Originating Details

Originating System Key
483198274
Originating System ID
M00000170

Currently Not Used

Year Built
2003

Office/Member Information

DXORIGMLSID
FLL

Electric

101-200 Amp Service
Yes
220 Volts
Yes

Flooring

Tile
Yes

Loan Details

Assumable Chattel Balance
0

Parking Features

Assigned
Yes
Common
Yes

Property Condition

Resale
Yes

Documents Available

Books & Records
Yes
Contracts
Yes
Copy Of Lease(s)
Yes
Equipment Inventory
Yes
Inventory
Yes
Tax Return
Yes

Location of Property

City Location
Yes
Shopping Center
Yes

Possession

Negotiable
Yes
Other
Yes

Special Information

Presently Leased
Yes

Utilities

Sewer Available
Yes

Building Features

Kitchen Facilities
Yes
Public Restroom(s)
Yes
Rear Access
Yes
Restaurant
Yes
Wired for Computers
Yes

Business Type

Commercial
Yes
Food & Beverage
Yes

Heating

Central Individual
Yes

Sale Includes

Business
Yes
Furniture
Yes
Machinery
Yes

Special Licenses

City License
Yes
Occupational
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Lease Back
Yes

Road Frontage Type

City Street
Yes

Security Features

Fire Alarm
Yes
Smoke Detector(s)
Yes

Water Source

Public
Yes

Source Of Expenses

Books
Yes
Tax Return
Yes

Cooling

Central Individual
Yes

Showing Requirements

24 Hour Notice
Yes
Showing Service
Yes

Road Description

Two Lane
Yes

Contingencies

Inspection
Yes
Listing Office: Lydia Borek Realty Inc
IDX
Last Updated: May - 22 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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