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Restaurant & Food-Service Property Values in South Florida

Restaurants, cafeterias, and drive-thru buildings trade at a premium per square foot because value is driven by location, drive-thru access, liquor licensing, and built-out kitchen infrastructure as much as by the building itself. Across the tri-county market the median is about $802/SF, spanning 2,528 parcels and 435 sales since 2020. Search any specific property for its own comps.

$802
Median $/SF (2022+)
2,528
Parcels tri-county
435
Sales since 2020
3
Counties covered

Selling or refinancing?

Own restaurant properties? Get a comp-driven value range, exit scenarios, and net-to-owner math — free, within one business day.

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Buying or making an offer?

Evaluating a restaurant & food-service acquisition? Know what comparable properties sold for before you offer, with Justin on your side of the table.

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Recent restaurant & food-service sales

Selected arms-length sales across South Florida, most recent first.
AddressCitySoldPriceSize (SF)$/SF
7030 Palmetto Park RdBoca RatonFeb 2026$4.16M4,120$1,008
1700 Sw 3 AveMiamiFeb 2026$5.20M5,189$1,002
604 Lake AveLake WorthMar 2026$2.50M6,312$396
2660 Nw 199 StMiami GardensFeb 2026$3.38M7,035$481
1604 W 28th StRiviera BeachFeb 2026$429,0002,822$152
These are market-wide sales. For the value of a specific restaurant & food-service property, use the free BOV tool — it pulls the exact comps and Justin follows up with a full broker opinion of value.

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Frequently asked

What are restaurant & food-service properties worth in South Florida?

The median sale price for restaurant properties across Broward, Miami-Dade, and Palm Beach is about $802 per building square foot (arms-length sales since 2022). The exact figure for a given property depends on location, income, and condition.

How many restaurant & food-service properties trade in South Florida?

The database tracks 2,528 such parcels tri-county, with 435 arms-length sales recorded since 2020.

Do you value this property type for buyers as well as sellers?

Yes. Justin Crow provides a free broker opinion of value for owners considering a sale and for buyers evaluating an acquisition, with the analysis on the buyer or tenant's side.

What’s your restaurant & food-service property worth?

Search the specific property for instant comps, then get a free broker opinion of value within one business day — buying or selling.