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

  • $3,500,000
511 SE 5th Ave, Fort Lauderdale FL 33301

Overview

  • Restaurant/Entertainment
  • Property Type
  • 2005
  • Year Built

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 5th Ave
  • City Fort Lauderdale
  • State/county Broward County
  • Zip/Postal Code 33301

Details

Updated on January 20, 2023 at 7:41 am
  • Price: $3,500,000
  • Year Built: 2005
  • Property Type: Restaurant/Entertainment
  • Property Status: Commercial Sale

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