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$625,000 -$75,000 (-10.71%) Price Reduced
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Property Description
Gorgeous, fully built-out 258-seat restaurant offering approximately 6,961 square feet of versatile hospitality space, featuring two bars, two distinct dining areas, and a separate speakeasy-style lounge. The restaurant features a welcoming front dining room designed for traditional lunch and dinner service, along with a spacious back dining and event room accommodating approximately 150 guests. The back dining room includes a dedicated stage for live music and entertainment and also provides an excellent setting for private dining, corporate functions, networking events, birthdays, anniversaries, wedding celebrations, community gatherings, and other special events. The property also features a distinctive speakeasy-style lounge with its own private bar, intimate seating, custom lighting, and a cozy, upscale atmosphere. Accessible through a concealed bookshelf-style entrance, the lounge can operate during regular restaurant hours as an additional guest experience or be reserved independently for private gatherings and special events. The site includes four guest restrooms, with two conveniently serving the front dining and lounge areas and two located within the rear dining and event space. The approximately 6,961-square-foot facility also offers convenient complimentary parking in both the front and rear of the property. Located directly along University Drive, the restaurant is positioned within an active and continuing-growth corridor surrounded by residential communities, businesses, healthcare, higher education, and expanding retail and dining development. The versatility of the operation provides multiple potential revenue channels, including lunch and dinner service, private dining, catered events, corporate and community functions, live music/entertainment, and private lounge reservations. This is a unique opportunity for a new operator to acquire an established restaurant with an extensive existing build-out while retaining the flexibility to continue the current concept or introduce a new vision. About the Business Years in Operation: Approximately 3½ years Employees: Approximately 20 employees, consisting of a combination of full-time and part-time staff. Franchise: No. Independently owned and operated family restaurant. Facilities & Assets The restaurant features an extensive commercial food-and-beverage infrastructure designed to accommodate both traditional restaurant operations and private events. The full commercial kitchen includes approximately 20 feet of hood space, two fryers, two grills, a walk-in cooler, and freezer, along with dedicated locked liquor storage and secured dry-storage and inventory areas. The facility is also equipped with a comprehensive security camera system, professional sound system, DJ station, custom lighting, stage, and entertainment infrastructure. One of the property's most distinctive features is its separate speakeasy-style lounge, accessed through a concealed bookshelf-style entrance. The lounge features its own private bar, intimate seating, atmospheric lighting, and an upscale setting inspired by the character and exclusivity of the Prohibition or sleek modern era. The lounge can complement normal restaurant operations or function independently for private gatherings and special events. Combined, the main restaurant, rear dining and event space, commercial kitchen, two bars, entertainment infrastructure, and private lounge provide a future operator with considerable flexibility to create multiple guest experiences and revenue opportunities within one facility. Market Outlook / Competition The restaurant occupies a highly visible location along the University Drive corridor in an area experiencing continued residential, commercial, healthcare, educational, retail, and dining development. The property is positioned near established and developing residential communities, major employment centers, Nova Southeastern University, Broward College, HCA Florida Un
Full Property Details
Full Property Details for 3333 N University Dr
General
- Price: $625,000
- Taxes: $35,890
- Status: Active
- Type: Business
- Source: Greater_Miami
- MLS ID: A12068885
- Updated: 10/19/2026
- Added to Site: 73 day(s) ago
Business
- Business Type: Bar/Lounge Only, Restaurant
- Year Established: 2023
Interior
- Flooring: Concrete
Additional Information
- Security/Safety: Smoke Alarm, Security Lights
Parking
- Parking Features: Common
Location
- County: Broward County
- Building Name: OVIVI'S
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Building A/C
- Heating Type: Central Electric
Utilities
- Electric Available: Yes
- Sewer: Public Sanitation
- Water: Public
Structural Information
- Structure Type: Free Standing
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Other
- Year Built: 2001
- Other Struct. Feat.: Airport Access, Cocktail Lounge, Entertainment
Lot Features
- Lot Features: City Location
- Zoning: B-2
Financial Considerations
- Insurance Fee: $10,000
- Tax Amount: $35,890
- Terms: Cash
Disclosures and Reports
- Documents Avail.: Aerial Photo(S), Inventory, Copy Of Lease(S)
- Legal Description: RIVIERA COMMERCIAL PARK NORTH 127-49 B & A.J.BENDLES SUB 1-27 D 3-51-41 POR PAR 2(127-49B) & POR TRACTS 27 & 28 (1-27D) DESC AS:COMM SE COR
- Inclusions: Equipment, Furniture/Fixtures, Inventory, Business Only
- Property ID: 514103520024
Listed by REF Realty Inc
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Schools
Schools serving 3333 N University Dr
School District:Broward County School District
| Name | Grades | Distance |
|---|---|---|
Pasadena Lakes Elementary School 8801 Pasadena Boulevard, Pembroke Pines, FL 33024 | K-5 | 1.1 mi |
Driftwood Middle School 2751 North 70th Terrace, Hollywood, FL 33024 | 6-8 | 1.3 mi |
Hollywood Hills High School 5400 Stirling Road, Hollywood, FL 33021 | 9-12 | 3.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3333 N University Dr
Date
Details
Price
Change
Source
10/19/2026
Price Reduced
$625,000
-10.71%
MLS
8/10/2026
Listed
$700,000
-18.98%
MLS
2/02/2004
Sold
$864,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3333 N University Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$35,890
11%
$1,598,600
-12%
2024
$32,246
—
$1,814,020
20%
2024
$32,246
11%
$1,513,300
15%
2023
$29,181
23%
$1,311,830
21%
2021
$23,661
-5%
$1,083,510
-5%
2022
$24,799
5%
$1,144,770
6%
2021
$23,661
-9%
$1,083,790
-8%
2019
$25,898
-4%
$1,178,010
-6%
2018
$27,032
6%
$1,250,410
6%
2017
$25,479
5%
$1,178,010
5%
2016
$24,228
4%
$1,116,760
6%
2015
$23,317
-1%
$1,055,500
—
2014
$23,516
2%
$1,050,760
3%
2013
$23,163
—
$1,017,460
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3333 N University Dr
3333 N University Dr, Davie, FL 33024 (MLS# A12068885) is a Business property. 3333 N University Dr is currently listed for $625,000 and was received on August 10, 2026. Want to learn more about 3333 N University Dr? Do you have questions about finding other Business real estate for sale in Davie? You can browse all Davie real estate or contact a Coldwell Banker agent to request more information.

