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350 SE Second St
Fort Lauderdale, FL 33301 Downtown Fort Lauderdale

$2,800,000 USD

Apartments Condo For Sale  •  1,575 SF

Property Details

  • Property Type Apartments
  • Total Building Size 293,036 SF
  • Lot Size 0.67 AC
  • Building Class B
  • Year Built 2005
  • Cap Rate 3.00 %
57 Transit Score
94 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit Ground Floor Retail Retail 1,575 SF $2,800,000 USD
  • Unit Size: 1,575 SF
  • Condo Use: Retail
  • Price: $2,800,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $1,777.78 USD
Description
Rare opportunity to own ground level retail storefront space in the heart of the downtown Fort Lauderdale, Las Olas financial district.  Good for owner occupant or investment.

Sale Notes
Current tenant pays 8k per month with 5% increases.  4 years left on a 10 yr lease.

Highlights

17,000 residents within downtown area
100s of businesses within a few blocks
opportunity to purchase vs lease

Financial Summary

Cap Rate: 3.00 %
Total Expenses: $2,130 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Controlled Access
  • Concierge
  • Fitness Center
  • Pool
  • Security System
  • Spa
  • Washer/Dryer Hookup
  • Waterfront
  • Heating
  • Media Center/Movie Theatre
  • Kitchen
  • Tub/Shower
  • Views
  • Roof Terrace
  • Bicycle Storage
  • Elevator
  • Lounge

Public Transportation

Commuter RailDriveWalkDistance
Fort Lauderdale (Mainline - Brightline) 2 min 11 min 0.6 mi
Fort Lauderdale (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 8 min - 2.9 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 14 min - 6.0 mi
Miami International 52 min - 32.6 mi
Peggy Waite 954-815-8180 Peggy Waite
Peggy Waite 954-815-8180 Peggy Waite