511 SE 5th Ave, Fort Lauderdale FL 33301,Fort Lauderdale,Broward County,Commercial Sale

4.500.000 $
511 SE 5th Ave, Fort Lauderdale FL 33301,

Overview

  • Updated On:
  • June 20, 2024

Description

Great For investors -6% Return, Have 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

Address: 511 SE 5th Ave, Fort Lauderdale FL 33301
State/County:
Zip: 33301
Country: United States
Open In Google Maps
Property Id : 218234
Price: 4.500.000 $
Other Features
Electrical Utility Available
Has Waterfront
23,072.39 $
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
17,447.39 $
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Alexis Leonard