511 SE 5th Ave 101/102Fort Lauderdale, FL 33301
FOR SALE - Active
$4,500,000
$3,500,000
(28.6%)
Overview
- Status: Active
- Bed(s) No info
- Bath(s)
- Half Bath(s) 0
- Parking No info
- Size: 8,664 ft2/804.91 m2
- Price Per: $519.39 ft2/$5,590.68 m2
- Type: Commercial/Investment
- Built: 2005
- HOA: $2,680.00/MO
- MLS Number: A10547525
- View No info
- On Site: 890 days
- Updated: Listing Refreshed: 57 Days Ago
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
Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 03/19/2024 | Price Increased | $4,500,000.00 | 28.6% | $519.39 ft2/$5,590.68 m2 |
| 12/07/2021 | Listed | $3,500,000.00 | $403.97 ft2/$4,348.30 m2 |
Contact Information
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
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