900 Sunrise Lane

Description:

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 and unparalleled coastal lifestyle. The property consists of 2 stories in shell condition & a rooftop bar/patio area with views of the Atlantic. The property aesthetic is a New Orleans Bourbon St. 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 or a combination thereof. 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