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511 SE 5th Ave
Fort Lauderdale, FL 33301

$4,500,000 USD

Storefront Retail Office Condo For Sale • 8,664 SF

Property Details

Property Type Storefront Retail Office
Total Building Size 30,000 SF
Lot Size 3.32 AC
Building Class B
Year Built 2005
Tenancy Multiple
Zoning RAC-CC

54 Transit Score

84 Walk Score

1 Unit Available

Name	Condo Use	Size	Price	Details
1st Floor - Unit Rest	Retail	8,664 SF	$4,500,000 USD
Unit Size: 8,664 SF Condo Use: Retail Price: $4,500,000 USD Sale Type: Owner User Price/SF: $519.39 USD

Description

Great For investors -6% Return, Has Been Rented for 5 Years, For Luxury European Cuisine Restaurant, Is currently fully finished, Very rare opportunity.SEE YOUTUBE VIDEO: 1) 1 Block to Las Olas, BEST FL RETAIL OPPORTUNITY. 2) 20 Foot high Ceiling. 3) Corner property w/ St access. 4) SIZE TOTAL 8,664 SF, (6,308 SF under air, additional 1,220 SF exterior covered area + 900 SF bathroom area) Can be expanded to extra 1000 SQFT 5) COMPARABLE: NURIVER 5 & 6 w/ 2,143 SF, SOLD FOR $ 2,150.000 IN 08/29/18 $1,000/PER SF, 6) LOCATION: THIS IS WATER FRONT, NEW & LUXURY CLASS A BUILDING IN FT LAUDERDALE DOWNTOWN, Next Court House. 7) 24 Hs Security. . $ 15,354 Taxes/Year. CONDO+Water+Insurance $ 2,680

                
                    Highlights
                
                                Luxurious waterfront retail with 20 foot ceilings
                            
                                Corner property with street access

Amenities

24 Hour Access
Conferencing Facility
Corner Lot
Pool
Restaurant
Waterfront
Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Fort Lauderdale (Mainline - Brightline)	3 min	17 min	0.9 mi
Fort Lauderdale (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	9 min	-	3.3 mi
Airport	Drive	Walk	Distance
Fort Lauderdale/Hollywood International	14 min	-	5.7 mi
Miami International	51 min	-	32.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	425
Type:	Surface
Included in Rent:	Yes

Marcio SoUSA 954-600-0550 The Keyes Company

511 SE 5th Ave Fort Lauderdale, FL 33301