3013 E Las Olas Boulevard, Fort Lauderdale, FL 33316

New Listing

$995,000

Elbo Room, looking NE towards Restaurant

Property Type: Business Opportunity Square Footage: 460 Status: Active

Current Price: $995,000 List Date: 7/03/2026 Last Modified: 7/03/2026

Overview

Description

Exceptional opportunity to acquire a profitable and rapidly growing restaurant in one of South Florida's most recognizable and highest-traffic destinations. Located at the gateway to Fort Lauderdale Beach on East Las Olas Boulevard, just steps from the iconic Elbo Room and surrounded by hotels, nightlife, beaches, shopping, and year-round tourism, this business benefits from exceptional visibility and a constant flow of pedestrian and vehicle traffic. Operating successfully for only two years, the restaurant has already established a loyal customer base, strong brand recognition, and proven profitability, leaving significant upside for a new owner. Tremendous growth potential exists through expanded operating hours, catering, delivery, marketing initiatives, franchising opportunities, and menu expansion. Turnkey operation with established systems, trained staff, and a prime location positioned for continued success. Whether you're an experienced operator seeking to expand or an entrepr ... (Read more)

Listing Details MLS# A12044400

General Property Information

Building Area Main: 460
Occupied Area: 460
Year Built: 1961
Training Available YN: Yes

Property Features

Building Features: Restaurant Business Type: Arts and Entertainment; Restaurant Documents Available: Copy Of Lease(s); Equipment Inventory; Financial Statement; Inventory; Training Program Heating: Exhaust Fan Lease Term Remaining: 7-10 Years Location of Property: Anchored Center Sale Includes: Business Special Licenses: Beer/Wine Source Of Expenses: Books; Pro Forma Listing Terms: Cash Traffic Type: Pedestrian Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 995000

Location and Legal

Country: United States
County Or Parish: Broward
County Parish Name: Broward
Street Number: 3013
Street Direction Prefix: E
Street Name: Las Olas
Street Suffix: Boulevard
City Name: Fort Lauderdale
State Or Province: FL
Postal Code: 33316
Postal Code +4: 1615
Area: 3160
Geographic Area: FBEA - Ft Lauderdale Beach (3130-3170)
Parcel Number: 504212010320
Subdivision Number: Yes
Zoning: PRD
Flood Zone: X
Directions: E Las Olas and A1A, next to Elbo Room

Financial Information

Tax Annual Amount: 13727
Tax Legal Description: LAS OLAS BY THE SEA RE-AMEN PLAT 1-16 B LOT 11 W 35 OF E1/2 LESS S 20 M/L FOR ST BLK 3

Status Change Information

Major Change Timestamp: 2026-07-03T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-07-03

More Information

Building and Property Details

% Air Conditioned: 2
Maximum Occupancy: 17

Business Details

Total Employees: 4
Year Established: 2024
Years Current Owner: 2

Income and Expenses

Gross Income: 840000
Gross Rent: 130000
Gross Sales: 700000
Inc/Exp Statement Period: 2
Insurance Expense: Yes

Price Calculations

Current Price To SqFt: 2163.04

Section Details

Parcel Number MLX: 0320

Originating Details

Originating System Key: 515940192
Originating System ID: M00000151

Currently Not Used

Year Built: 1961

Office/Member Information

DXORIGMLSID: SEF

Documents Available

Copy Of Lease(s): Yes
Equipment Inventory: Yes
Financial Statement: Yes
Inventory: Yes
Photos: Yes
Training Program: Yes

Location of Property

Anchored Center: Yes

Building Features

Restaurant: Yes

Business Type

Arts and Entertainment: Yes
Restaurant: Yes

Heating

Exhaust Fan: Yes

Sale Includes

Business: Yes

Special Licenses

Beer/Wine: Yes

Listing Terms

Cash: Yes

Water Source

Public: Yes

Hours/Days Of Operation

Open 8+ Hours/Day: Yes
# Of Days Open: 7

Lease Term Remaining

7-10 Years: Yes

Source Of Expenses

Books: Yes
Pro Forma: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes

Traffic Type

Pedestrian: Yes

Listing Office: Oppenheim Realty

Last Updated: July - 03 - 2026

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