FL > Fort Lauderdale
Fort Lauderdale, FL 33301,511 SE 5th Ave #101/102
Fort Lauderdale, FL 33301,511 SE 5th Ave #101/102
Fort Lauderdale, FL 33301,511 SE 5th Ave #101/102
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Phaedrea Watkins

Phaedrea Watkins

+1(919) 322-9382
$4,500,000
Est. payment /mo
8,664 SqFt
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UPDATED:

11/18/2024 08:36 PM

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 8,664 sqft

Price per Sqft $519

MLS Listing ID A10547525

Construction Status New Construction

HOA Fees $2,680/mo

HOA Y/N Yes

Year Built 2005

Annual Tax Amount $15,353

Tax Year 2018

Lot Size 8,664 Sqft

Property 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

Location

State FL

County Broward

Area 3800

Direction FROM SOUTH: TAKE I-95 EXIT 26 FOR FL-736/DAVIE BLVD. TURN RIGHT ONTO FL-736 E/DAVIE BLVD. TURN LEFT ONTO SE 3RD AVE. TURN RIGHT ONTO SE 6TH ST. TAKE THE 1ST LEFT ONTO SE 5TH AVE. DESTINATION WILL BE ON THE LEFT.

Interior

Flooring Carpet, Concrete, Tile

Exterior

Waterfront Yes

Waterfront Description River Front

Total Parking Spaces 8

Building

Story 2

Level or Stories Two

Construction Status New Construction

Others

Tax ID 504210BF0010

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by The Keyes Company

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511 SE 5th Ave #101/102